SynOx Therapeutics Raises $75M to Develop Emactuzumab for TGCT

SynOx Therapeutics Raises $75M in Series B Funding

SynOx Therapeutics' Series B Financing

Key Highlights:

  • Series B Financing: Closed a $75 million Series B financing round.
  • Investors: Co-led by Forbion, HealthCap, and new investor Bioqube Ventures.
  • Board Additions: Forbion's Dr. Carlo Incerti, M.D., and Bioqube Ventures' Jon Edwards, PhD, joined the Board of Directors.

SynOx Therapeutics' Target Market

  • Target Market: Focus on developing emactuzumab, a monoclonal antibody, for the treatment of Tenosynovial Giant Cell Tumour (TGCT) and other related disorders.
  • Medical Professionals and Researchers: Oncologists, hematologists, and other healthcare professionals specializing in treating TGCT and related disorders.
  • Pharmaceutical Companies and Biotech Investors: Companies and investors interested in partnering or investing in innovative therapies for TGCT and macrophage-driven disorders.

What SynOx Therapeutics Needs to Buy

  • Clinical Research and Development Services: Collaborating with research organizations and clinical trial partners for the advancement of emactuzumab and other potential therapies.
  • Manufacturing and Supply Chain Solutions: Partnering with manufacturers and suppliers to ensure efficient production and distribution of emactuzumab.
  • Regulatory and Compliance Expertise: Engaging with regulatory consultants and experts to navigate the complex regulatory landscape for drug development and approval.