Lexie Farrar’s Post

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Managing Consultant at Jackson Hogg | Life Science Recruitment Expert

Check out some of the recent significant funding events in the biotechnology and pharmaceutical sectors from August 2024: 💰 Outpace Bio secured $144 million in Series B funding on August 2, 2024, to advance AI-powered cell therapies into clinical development, backed by RA Capital Management. 💸 NanoHive Medical raised $7 million in Series C funding on August 6, 2024, to expand its U.S. commercial operations and enter international markets with its 3D-printed titanium spinal interbody fusion devices. 💵 NeuroTherapia, Inc. received $12.3 million in the first close of its Series B funding on August 7, 2024, to further develop NTRX-07, an orally available treatment for Alzheimer's disease. 💲Pathalys Pharma secured $105 million in Series B funding on August 21, 2024, to support NDA submission and pre-commercialization efforts for upacicalcet, a kidney disease treatment. 💶 leon-nanodrugs GmbH's undisclosed Series D funding on August 6, 2024, will enhance their portfolio in single-use high throughput production systems for nanoencapsulation. 💰 MBX Biosciences, Inc. raised $63.5 million in Series C funding on August 5, 2024, to back ongoing Phase 2 clinical studies for endocrine and metabolic disorder treatments. 🤑 PreciseDx closed $20.7 million in Series B funding on August 21, 2024, to drive the expansion of commercialization efforts for their AI-powered cancer risk assessments.

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