Nimbus Therapeutics Announces $105 Million Private Financing To Advance Pipeline Including Multiple Clinical Programs
Nimbus Therapeutics Announces $105 Million Private Financing To Advance Pipeline Including Multiple Clinical Programs
07/13/21, 10:06 AM
Location
cambridgeMoney raised
$105 million
Nimbus Therapeutics, a biotechnology company designing breakthrough medicines through structure-based drug discovery and development, today announced the closing of a $105 million private financing round. The round was led by BVF Partners L.P. (BVF), with participation from existing investors including RA Capital Management and Atlas Venture. Access Biotechnology, Commodore Capital, Logos Capital, Surveyor Capital (a Citadel company), and a large alternative asset manager joined as new investors in this financing.
Company Info
Location
cambridge, maryland, united states
Additional Info
Nimbus Therapeutics designs breakthrough medicines. Utilizing its powerful structure-based drug discovery engine, Nimbus designs potent and selective small molecule compounds targeting proteins that are known to be fundamental drivers of pathology in highly prevalent human diseases and which have proven difficult for other drug makers to tackle. The company’s LLC/subsidiary architecture enables diverse and synergistic partnerships to deliver breakthrough medicines. Nimbus is headquartered in Cambridge, Mass. www.nimbustx.com