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Neurophth Secures Nearly 95 Million Usd In Series C+ Financing For Gene Therapy Clinical Trials

PRIVATEAug 11, 2023

Round Type

Series C

WuhanHealth Care

Investors

Hong ShanBohe Angel FundMiracle Light VentureFosunNorthern Light Venture CapitalGrand Mount CapitalHarvest CapitalOriza HoldingsInno Vision CapitalGuofang CapitalChina Merchant Bank International CapitalSunshine Life InsuranceYangtze River Industry FundSilicon Paradise Asset ManagementCmg Sdic CapitalGuangzhou Jinkong FundHubei KTLCWuhan Hi Tech Holding GroupWuhan Optical Valley Financial Holding GroupYangtze River Cmb International Industry Fund

Description

Neurophth Therapeutics, Inc. ("Neurophth"), a China's leading gene therapy company for ophthalmic diseases, announced the closing of nearly 95 million USD in Series C+ financing. The round was co-led by Yangtze River-CMB International Industry Fund, Wuhan Optical Valley Financial Holding Group, Wuhan Hi-Tech Holding Group, Hubei KTLC and Guangzhou Jinkong Fund. Additionally, several prominent investment firms participated, including CMG-SDIC Capital, Silicon Paradise Asset Management and Yangtze River Industry Fund

Quick answer

Neurophth Therapeutics raised an undisclosed amount in a Series C round, dated August 11, 2023. Investors: Hong Shan, Bohe Angel Fund, Miracle Light Venture, Fosun, Northern Light Venture Capital, Grand Mount Capital, Harvest Capital and Oriza Holdings. Neurophth Therapeutics is based in Wuhan, Hubei, China.

How much did Neurophth Therapeutics raise?
Neurophth Therapeutics raised an undisclosed amount in a Series C round on August 11, 2023.
Who invested in Neurophth Therapeutics?
Hong Shan, Bohe Angel Fund, Miracle Light Venture, Fosun, Northern Light Venture Capital, Grand Mount Capital, Harvest Capital and Oriza Holdings are named as investors in this round.
What does Neurophth Therapeutics do?
We are China’s first gene therapy company for ophthalmic diseases.
Where is Neurophth Therapeutics based and how big is it?
Neurophth Therapeutics is based in Wuhan, Hubei, China.
Who are the decision-makers at Neurophth Therapeutics?
Fundz holds 1 contact at Neurophth Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Care around the same time

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

  • Acasti raised $7.5M on September 25, 2023.
  • Greater Good Healthcare raised $10M on September 25, 2023.
  • Qihan Biotech raised an undisclosed amount (Series B) on September 23, 2023.
  • Atropos Health raised an undisclosed amount (Funding Round) on September 23, 2023.
  • CMR Surgical raised $165M (Funding Round) on September 22, 2023.
  • Avalyn raised $189M on September 22, 2023.

Who to call at Neurophth Therapeutics, and when

A new round usually means Neurophth Therapeutics is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Neurophth Therapeutics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Neurophth Therapeutics, from your own LinkedIn network

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Company Information

Company

Neurophth Therapeutics

Location

Wuhan, Hubei, China

About

We are China’s first gene therapy company for ophthalmic diseases. Our mission is building a brighter future for patients by innovative gene therapies. Headquartered in Wuhan with subsidiaries in Shanghai, Suzhou, and USA, we are striving to discover and develop gene therapies for patients suffering from blindness and other eye diseases globally. We leverage our AAV and CMC platforms to regain vision in patients suffering from Leber’s hereditary optic neuropathy (LHON), autosomal dominant optic atrophy, vascular retinopathy (wAMD, DME, etc), optic neuropathy (glaucoma, etc) and other genetic diseases. Our most advanced investigational candidate, NR082 (rAAV2-ND4), in development for the treatment of LHON associated with ND4 mutation using a single administration through less invasive intravitreal injection, has received orphan disease designations in the U.S. We are always seeking highly motivated and talented individuals with diverse experiences, abilities and interests who are seeking to inspire the world and help patients to restore vision to join us on our journey. To learn more about Neurophth and our open positions, visit www.neurophth.com.

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