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Astellas Pharma GmbH Ridlerstraße 57 80339 München, Germany http://www.astellas.de
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Astellas Pharma GmbH

GANYMED raises Euro 33.7 Million in Series C Financing Round

To advance the Company's proprietary anti-cancer pipeline up to clinical proof-of-concept

(PresseBox) (Mainz, )
GANYMED Pharmaceuticals AG, a privately held cancer antibody company, has closed a Series C financing round totaling Euro 33.7 million (USD 45.5 million) in equity. The round, which was significantly over-subscribed, was led by VI Partners, a Swiss based venture capital firm, and was underwritten by Future Capital, Ingro Finanz, Landesbank Baden-Württemberg (LBBW), MIG, Nextech Venture, ONC Partners, Varuma and a consortium of mainly Swiss seasoned private investors.
In addition, Prof. Ugur Sahin was appointed to the position of Chief Medical Officer. His expertise, together with the new funds will be instrumental in advancing GANYMED's lead candidate GC182, a member
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.