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Alzheon Announces Closing Of Oversubscribed $50 Million Series D Financing Round To Accelerate Completion Of Apolloe4 Phase 3 Trial And Expansion Of Product Portfolio

PRIVATEApr 14, 2022

Amount Raised

$50 Million

Round Type

Series D

FraminghamBiotechnology

Description

Alzheon, Inc., a clinical-stage biopharmaceutical company developing a broad portfolio of product candidates and diagnostic assays for patients suffering from Alzheimer’s disease (AD) and other neurodegenerative disorders, today announced that it has completed an oversubscribed $50 million Series D round from private and institutional investors.

Who else raised in Biotechnology around the same time

Companies in the same sectors as Alzheon that raised within 45 days of this round, from Fundz verified event records.

  • Elicio Therapeutics raised $975K (Series B) on May 27, 2022.
  • Celularity raised $30M on May 27, 2022.
  • Pictor Labs raised $7.6M on May 27, 2022.
  • Cerillo, Inc. raised $875K (Seed) on May 27, 2022.
  • Aurora Cannabis raised $125M (Funding Round) on May 26, 2022.
  • Mazen Animal Health Inc. raised $11M on May 26, 2022.

Who to call at Alzheon, and when

A new round usually means Alzheon is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Alzheon

Location

111 Speen Street

Framingham, Massachusetts, United States

About

Alzheon, Inc. is committed to developing innovative medicines by directly addressing the underlying pathology of devastating neurodegenerative disorders. Our lead Alzheimer’s clinical candidate, ALZ-801, is an oral small molecule prodrug of tramiprosate that fully blocks formation of neurotoxic soluble amyloid oligomers in the brain. ALZ-801 is an easy-to-take tablet that builds on the safety and efficacy profile of its active compound tramiprosate, which has been evaluated in clinical trials involving over 2,000 Alzheimer’s patients. Our clinical expertise and technology platform are focused on developing drug candidates using a precision medicine approach based on individual genetic and biological information to advance therapies with the greatest impact for patients.

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Related People

1 contact
Verified contactsMartin T., Director, Executive OfficerSee plans and pricing
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Alzheon raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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