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Swanbio Therapeutics Announces $56 Million Series B Financing To Advance Novel Gene Therapies For Neurological Conditions

Swanbio Therapeutics Announces $56 Million Series B Financing To Advance Novel Gene Therapies For Neurological Conditions

05/18/22, 10:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgphiladelphia
Money raised
$56 million
Round Type
series b
SwanBio Therapeutics, a gene therapy company advancing adeno-associated virus (AAV)-based therapies for the treatment of devastating, inherited neurological conditions, today announced the completion of a $56 million Series B financing round, led by founding investors Syncona Limited and Mass General Brigham Ventures. The new funding brings SwanBio’s total financing raised to date to $133 million.

Company Info

Company
Swan Bio Therapeutics
Location
philadelphia, pennsylvania, united states
Additional Info
SwanBio Therapeutics is a gene therapy company that aims to bring life-changing treatments to people with devastating, inherited neurological conditions. SwanBio is advancing a pipeline of gene therapies, designed to be delivered intrathecally, that can address targets within both the central and peripheral nervous systems. This approach has the potential to be applied broadly across three disease classifications – spastic paraplegias, monogenic neuropathies, and polygenic neuropathies. SwanBio’s lead program is being advanced toward clinical development for the treatment of adrenomyeloneuropathy (AMN). For more information, visit SwanBioTx.com.