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Turn Therapeutics secures up to $25 million in debt financing from Avenue Capital Group to advance eczema and nail fungus programs.

PUBLIC · TTRXMar 24, 2026

Amount Raised

$25 Million

Round Type

Debt Financing

Westlake VillageBiotechnologyHealth CarePharmaceuticalpharmaceuticals

Investors

Avenue Venture Opportunities Fund II, L.P.Avenue Capital Group

Description

Turn Therapeutics has entered into a growth capital loan facility with Avenue Capital Group for up to $25 million, including an initial $7 million tranche. This financing will support the company's clinical trials for atopic dermatitis and onychomycosis. It ensures the company’s operational continuity through critical milestones. The full amount is expected to extend the company's runway through the end of 2027.

Who else raised in Pharmaceutical and pharmaceuticals around the same time

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

  • Citius Oncology raised $37M on May 6, 2026.
  • Windward Bio raised $165M (Funding Round) on May 5, 2026.
  • Shuttle Pharmaceuticals Holdings raised $10M on April 30, 2026.
  • Lighthouse Pharmaceuticals raised $15M (Series A) on April 22, 2026.
  • Cnbx Pharmaceuticals raised $45K (Debt Financing) on March 10, 2026.
  • Os Therapies raised $2M on March 4, 2026.

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Company Information

Company

Turn Therapeutics Inc.

Location

250 N. Westlake Blvd.

Westlake Village, California, United States

About

Turn Therapeutics® is a concept to approval pharmaceutical and medical device organization dedicated to reducing the human and economic costs of infection and skin disease. Turn Therapeutics® was founded with a goal of reducing antibiotic resistance through best in class acute and chronic wound care products. Through research and development, we have continued to uncover additional disease areas that our technology will serve. Our core mission is to leverage our expertise in drug delivery to create disruptive products for high need indications.

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Verified contactsAngbeen C., Chief of Staff hidden hiddenSee plans and pricing
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Turn Therapeutics Inc. 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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