Pyramid Biosciences Announces Initial Closing Of Series B Financing For Clinical Program Acceleration
Pyramid Biosciences Announces Initial Closing Of Series B Financing For Clinical Program Acceleration
10/27/21, 12:00 PM
Location
Round Type
series b
Pyramid Biosciences, Inc., a clinical stage, biotechnology company developing a portfolio of precision therapies targeting a wide range of molecularly-defined diseases, today announced the initial close of its Series B financing. The financing will support the clinical development of multiple programs focused on novel tropomyosin receptor kinase (TRK) modulators. The funding round was led by Oracle Investment Management, Inc., along with support from Adage Capital Management, Averill Master Fund, Ltd., J.W. Childs Associates L.P
Company Info
Location
waltham, massachusetts, united states
Additional Info
Founded in 2015, Pyramid Biosciences, Inc. is a Boston-based, clinical stage, biotechnology company dedicated to developing a portfolio of precision therapies targeting a wide range of molecularly-defined diseases, regulated by the tropomyosin receptor kinase (TRK) family. Pyramid is currently in clinical development of two highly-selective TRK inhibitors. For more information, please visit www.pyramidbio.com