Cerenome, Inc. has secured up to $20 million in a financing facility with 3i Fund to support the commercial scale-up of its CNSide platform. The initial tranche of funding was received at closing with future tranches tied to milestones.
Cerenome, Inc. announced a senior secured financing agreement with 3i Fund for up to $20 million with royalty-based repayments. The initial funding was provided at closing, with future tranches linked to achieving certain milestones. This financing will aid in the scale-up of the Company’s CNSide cerebrospinal fluid assay platform
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Company Information
Company
Cerenome, Inc.
Location
6420 Levit Green Boulevard
Houston, Texas, United States
About
Plus Therapeutics, Inc. is a clinical-stage pharmaceutical company developing targeted radiotherapeutics for difficult-to-treat cancers of the central nervous system with the potential to enhance clinical outcomes for patients. Combining image-guided local beta radiation and targeted drug delivery approaches, the Company is advancing a pipeline of product candidates with lead programs in recurrent glioblastoma (GBM) and leptomeningeal metastases (LM). The Company has built a supply chain through strategic partnerships that enable the development, manufacturing and future potential commercialization of its products. Plus Therapeutics is led by an experienced and dedicated leadership team and has operations in key cancer clinical development hubs, including Austin and San Antonio, Texas.
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