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Bridgene Biosciences Announces $38.5 Million Series B Financing To Further Develop Its Next Generation Chemoproteomics Platform And First-In-Class Oncology Drugs

Bridgene Biosciences Announces $38.5 Million Series B Financing To Further Develop Its Next Generation Chemoproteomics Platform And First-In-Class Oncology Drugs

07/27/22, 11:37 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan jose
Money raised
$38.5 million
Industry
therapeutics
biotechnology
Round Type
series b
BridGene Biosciences, Inc., a biotechnology company leveraging a proprietary chemoproteomic platform to discover and develop small-molecule drugs for high-value, traditionally undruggable targets, today announced the completion of a $38.5 million Series B financing by Lapam Capital, Junson Capital and Dyee Capital.

Company Info

Company
BridGene Biosciences
Location
san jose, california, united states
Additional Info
BridGene is a biotechnology company focused on discovering and developing innovative small molecules that drug traditionally undruggable targets, providing new paths to treat diseases. By using its proprietary chemoproteomics platform, IMTACTM, BridGene can screen small molecules against proteins in live cells to discover drug candidates for high value and traditionally undruggable targets. For this purpose, BridGene takes advantage of its proprietary, diverse library of tagged, drug-like small molecules. The ultimate goal is to enable breakthrough small molecule drug discovery with expanded mechanisms to treat diseases with targets previously inaccessible to small molecules. The uniqueness of BridGene's technology allows it to perform IMTACTM screening for both covalent and non-covalent molecules, target different amino acids and discover new targets for disease treatments by deconvoluting phenotypic screening hits. The company is advancing a diversified pipeline of first-in-class drugs for targets in multiple disease areas. For more information, visit https://www.bridgenebio.com.