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NovaGo Therapeutics secures USD 30 million in Series B financing led by Neurimmune and Pureos to advance a proof-of-concept study for acute spinal cord injury.
PRIVATESep 02, 2026•6 days ago
Amount Raised
$30 Million
Round Type
Series B
ZurichBiotechnologyHealth CareTherapeutics
Investors
PureosNeurimmune
Description
NovaGo Therapeutics announced the completion of a CHF 24 million (USD 30 million) Series B financing round, led by Neurimmune and Pureos. The funding will be utilized to advance its lead program into a proof-of-concept study in patients with acute spinal cord injury. This study is designed to enroll 120 patients across sites in Germany, Spain, and Switzerland. The financing round also includes contributions from existing and new investors, complemented by non-dilutive funding from two foundations.
Company Information
Company
NovaGo Therapeutics
Location
Zurich, Switzerland
About
NovaGo Therapeutics AG is a clinical-stage biotechnology company developing anti-Nogo-A biologics for diseases of the central nervous system. The company's lead program aims to advance to a proof-of-concept study in patients with acute spinal cord injury. NovaGo focuses on addressing the high unmet medical needs in spinal cord injury with innovative therapeutic solutions.
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