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Beren Therapeutics raises $300M in a combined equity and debt financing round led by CEO Jason Camm, targeting commercial readiness for its lead asset.

PRIVATEJun 10, 20265 days ago

Amount Raised

$300 Million

Thousand OaksBiotechnologyHealth CareTherapeutics

Description

Beren Therapeutics, based in Thousand Oaks, California, raised $300M in a combined equity and debt financing round. The funds will support commercial readiness activities for its lead asset and expand diagnostic integration networks. The company has advanced its product for FDA Breakthrough Therapy Designation and is in the Priority Review track. The financing will also aid in building a long-term patient access and family support program.

Company Information

Company

Beren Therapeutics

Location

Thousand Oaks, California, United States

About

Beren Therapeutics is a developer of cyclodextrin-based cholesterol trafficking therapeutics, focused on addressing infantile-onset Niemann-Pick disease, type C. The company is advancing its lead asset, adrabetadex, which has been granted FDA Breakthrough Therapy Designation. Beren intends to accelerate its commercial readiness and expand its diagnostic integration networks. Additionally, the company is building a patient access and family support program.

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