Amount Raised
$5 Million
Round Type
Venture
Research Triangle ParkManufacturingBiotechnologyPharmaceuticalDescription
Fennec Pharmaceuticals Inc. (NASDAQ:FENC; TSX: FRX), a specialty pharmaceutical company, today announced it has completed the first closing of US$5 million of senior secured promissory notes under our previously announced investment agreement with Petrichor Healthcare Capital Management. Under the terms of the investment agreement, an additional $20 million is to be funded upon the potential U.S. Food and Drug Administration (FDA) approval of PEDMARKTM by September 30, 2022 and satisfaction of other closing conditions
Quick answer
Fennec Pharmaceuticals raised $5 Million in a funding round, dated August 22, 2022. Fennec Pharmaceuticals is based in Research Triangle Park, North Carolina, United States.
- How much did Fennec Pharmaceuticals raise?
- Fennec Pharmaceuticals raised $5 Million in a funding round on August 22, 2022.
- What does Fennec Pharmaceuticals do?
- Fennec Pharmaceuticals Inc. operates as a commercial stage biopharmaceutical company in the United States.
- Where is Fennec Pharmaceuticals based and how big is it?
- Fennec Pharmaceuticals is based in Research Triangle Park, North Carolina, United States. Fundz records about 36 employees.
- Who are the decision-makers at Fennec Pharmaceuticals?
- Fundz holds 1 contact at Fennec Pharmaceuticals. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Pharmaceutical and Manufacturing around the same time
Companies in the same sectors as Fennec Pharmaceuticals that raised within 45 days of this round, from Fundz verified event records.
- CASI Pharmaceuticals raised an undisclosed amount on September 23, 2022.
- Phlow raised $24M on August 22, 2022.
- Talphera, Inc. raised $630K on August 3, 2022.
- Nucleus RadioPharma raised $6M on October 4, 2022.
- Sibylla Biotech raised $22M (Series A) on October 4, 2022.
- Pharnext raised an undisclosed amount (Debt Financing) on October 3, 2022.
Who to call at Fennec Pharmaceuticals, and when
A new round usually means Fennec Pharmaceuticals is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fennec Pharmaceuticals raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fennec Pharmaceuticals, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Fennec Pharmaceuticals. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Fennec Pharmaceuticals raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Fennec Pharmaceuticals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.