SciRhom’s Post

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💶 🚨 SciRhom has secured a EUR 63 Million Series A financing to accelerate iRhom2-targeting therapies in autoimmune diseases. ⬇ The financing enables us to shift gears and accelerate our novel and potentially groundbreaking therapeutic strategy toward clinical proof-of-concept and beyond to reach patients in need of better autoimmune treatments. SciRhom aims to push the boundaries in autoimmune medicine by addressing TACE/ADAM17, a master switch for various autoimmune disease-relevant signaling pathways, via iRhom2. The round was co-led by Andera Partners, Kurma Partners, Hadean Ventures, MIG Capital, and Wellington Partners, with participation from new investor Bayern Kapital and existing investors including HTGF | High-Tech Gründerfonds and the US-based PhiFund Ventures. We are excited to have attracted such a high-caliber international consortium of investors and appreciate our existing shareholders backing SciRhom in this crucial period of its development. In conjunction with this investment, we are excited to welcome Olivier Litzka, Peter Neubeck, Georgina Askeland, PhD, Dr. Fei Tian, and Varun Gupta to SciRhom’s Board of Directors and look forward to collaborating with them. Stay tuned and follow us here on LinkedIn to learn more about our novel approach as we progress toward initiation of a first clinical study in H2 2024. #venturecapital #financing #funding #fundingalert #SeriesA #iRhom2 #ADAM17 #TACE #autoimmune #IBD #RA #drugdiscovery #antibodyresearch #munichbiotech

Congratulations to Scirhom, team, and the investors! All the best to bring the highly promising treatment to the clinic and to the patients in the future!

For the full release, head over to: https://bit.ly/3VUDJWq

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Congratulations to the team! Wishing you great success in reaching the next milestones. 🎉 Keep up the amazing work!

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Congratulations, team SciRhom! Looking forward to the next steps! 🚀 ⚕

Lorenz Mayr

Chief Executive Officer (CEO) - Mayr BioMedTech Consulting

3mo

Congratulations to the team! Excellent news! Great target!

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王建功

Director of RCS (Research Chemistry Service), WuXi AppTec

3mo

Congratulations! Juergen

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Praveen Huber, Ph.D.

Director @ Leukocare AG | Key Account Relationship Building, Global Alliance Management

3mo

Congratulations!!!

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