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Pleco Therapeutics Announces Final Close Of Its Series A Financing Raising €17.3M To Progress Its Novel Plecoid™ Product In Acute Myeloid Leukaemia To Regulatory Filing In Usa And Eu

PRIVATESep 06, 2022

Amount Raised

€17.3 Million

Round Type

Series A

NijmegenBiotechnologyHealth CareTherapeutics

Description

Pleco Therapeutics BV, a specialty biopharmaceutical company developing novel treatments designed to detoxify the cancer micro-environment today announces the final close of its Series A financing, with total funds raised of €17.3 million. The funds will be used to complete development and commercialise the Company's novel lead PlecoidTM Product, PTX-061, to improve the effectiveness of chemotherapy in patients with Acute Myeloid Leukaemia (AML).

Quick answer

Pleco Therapeutics raised €17.3 Million in a Series A round, dated September 6, 2022. Pleco Therapeutics is based in Nijmegen, Gelderland, Netherlands.

How much did Pleco Therapeutics raise?
Pleco Therapeutics raised €17.3 Million in a Series A round on September 6, 2022.
What does Pleco Therapeutics do?
Pleco Therapeutics is a clinical stage specialty pharmaceutical company which aims to extend the life span and enhance the quality of life of patients through its novel Plecoid™ therapies that have been designed to..
Where is Pleco Therapeutics based and how big is it?
Pleco Therapeutics is based in Nijmegen, Gelderland, Netherlands.
Who are the decision-makers at Pleco Therapeutics?
Fundz holds 1 contact at Pleco Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • Orionis Biosciences raised $55M (Funding Round) on October 19, 2022.
  • Insmed Incorporated raised an undisclosed amount (Funding Round) on October 19, 2022.
  • SURGE Therapeutics raised $26M (Series A) on October 17, 2022.
  • Mablink Bioscience raised $30M (Series A) on October 14, 2022.
  • CTRL Therapeutics raised $7.5M on October 12, 2022.
  • Neumora raised $112M (Series B) on October 11, 2022.

Who to call at Pleco Therapeutics, and when

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

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Company Information

Company

Pleco Therapeutics

Location

Hill Street

Nijmegen, Gelderland, Netherlands

About

Pleco Therapeutics is a clinical stage specialty pharmaceutical company which aims to extend the life span and enhance the quality of life of patients through its novel Plecoid™ therapies that have been designed to dramatically increase the effectiveness of current cancer treatments. Its novel Plecoid™ therapies have the potential to positively change the balance of protein expression within the cancer microenvironment, removing the burden of toxic metals within the cell, thereby improving the effectiveness of existing chemotherapy. A private company, Pleco is headquartered in Nijmegen, the Netherlands, with a U.S. subsidiary, Pleco Therapeutics USA Inc, based in Newark, New Jersey. For more information visit www.plecotherapeutics.com. Follow us on LinkedIn

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Pleco Therapeutics 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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