Gradient Denervation raises €14m for pulmonary hypertension treatment

Gradient Denervation raises €14m for pulmonary hypertension treatment

Gradient Denervation Technologies has successfully closed a €14 million Series A financing round to support the clinical development of its ultrasound-based catheter device for pulmonary hypertension treatment. The funding round was led by Asabys Partners through its new fund Sabadell Asabys II and saw participation from Thuja Capital and founding investor Sofinnova Partners. Gradient Denervation […]

French biotech company Amolyt Pharma Series C round fetches $138m

French biotech company Amolyt Pharma Series C round fetches $138m

Amolyt Pharma, a France-based clinical-stage biotechnology company, has secured €130 million (around $138 million) from a Series C equity financing round led by Sofinnova Partners and co-led by Intermediate Capital Group (ICG). The French biotech company anticipates using the funding to advance its pipeline of therapeutics for rare endocrine and related disorders, including AZP-3601 and […]