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Glycomine has raised $115 million in a Series C round to advance its rare disease drug GLM101 into deeper clinical testing. The funding will support development for the treatment of PMM2-CDG, a genetic disorder affecting thousands of patients.

Apr 16, 20258 months ago

Amount Raised

$115 Million

Round Type

series c

San Carlos

Description

Glycomine, a biotechnology startup, has raised a $115 million Series C round to push its lead program deeper into clinical testing. The funding will support the development of its therapy GLM101, designed to treat PMM2-CDG, a rare genetic disorder. This funding is critical as there are no approved treatments for the condition, which affects a significant number of individuals in the U.S. and Europe

Company Information

Company

Glycomine

Location

San Carlos, California, United States

About

Glycomine is developing orphan drugs for serious rare disorders of metabolism and protein misfolding for which no other therapeutic options exist. The company's approach is to use replacement therapies – substrates, enzymes, or proteins – and to target those molecules to clinically relevant cellular compartments. The company is based in San Carlos, California and supported by leading international life sciences investors. For more info, visit www.glycomine.com.

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