Fundz

Esperas Pharma, Inc. Announces Investment From Tvm Life Science Innovation I And The Fonds De Solidarité Ftq

PRIVATEFeb 21, 2023

Round Type

Venture

MontrealBiotechnologyHealth CareMedical

Description

Esperas Pharma, Inc. (“Esperas”), a company based in Montréal, Québec, today announced a follow-on investment by TVM Capital Life Science (“TVM”) through its fund TVM Life Science Innovation I SCSp and the Fonds de solidarité FTQ (the “Fonds”). Esperas is developing the first oral Check 1 inhibitor, ESP-001 (formerly LY2880070), a compound originally discovered through a research and development program at Eli Lilly and Company, with the potential to treat certain types of cancers including high-grade serous ovarian cancer (“HGSOC”).

Quick answer

Esperas Pharma raised an undisclosed amount in a funding round, dated February 21, 2023. Esperas Pharma is based in Montreal, Quebec, Canada.

How much did Esperas Pharma raise?
Esperas Pharma raised an undisclosed amount in a funding round on February 21, 2023.
What does Esperas Pharma do?
Esperas Pharma, Inc. is a special purpose company created to develop one compound to proof-of-concept.
Where is Esperas Pharma based and how big is it?
Esperas Pharma is based in Montreal, Quebec, Canada.

Source: Fundz verified event record.

Who else raised in Medical and Biotechnology around the same time

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

  • OXOS Medical raised $23M (Series A) on April 5, 2023.
  • ClinOne, Inc. raised $11M on April 3, 2023.
  • INTRINSIC THERAPEUTICS raised $5.9M on March 29, 2023.
  • Kayentis raised $5.4M (Funding Round) on March 28, 2023.
  • Streamex Corp. raised $1.5M (Seed) on March 24, 2023.
  • Greenbrook TMS raised $8.3M (Debt Financing) on March 24, 2023.

Who to call at Esperas Pharma, and when

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Company Information

Company

Esperas Pharma

Location

Montreal, Quebec, Canada

About

Esperas Pharma, Inc. is a special purpose company created to develop one compound to proof-of-concept. The project is fully financed by TVM Life Science Innovation I and Fonds de solidarité FTQ (the “Fonds”). Esperas Pharma, Inc. is led by an experienced management team. The company has completed: 1) dose-escalations of ESP-001 monotherapy and in combination with gemcitabine; and 2) proof-of-concept trials in high-grade serous ovarian cancer and pancreatic cancer. A study assessing ESP-001 and low-dose gemcitabine in Ewing sarcoma is ongoing.

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Esperas Pharma 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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