Tony Coles's Yumanity Raises $45m To Treat Neurodegenerative Diseases

Yumanity Therapeutics has raised a $45m Series A venture capital round, which will fund continued drug discovery related to neurodegenerative diseases caused by protein misfolding, but the company's first clinical trials probably will be financed through additional financing or potential partnership agreements.

Yumanity Therapeutics has raised a $45m Series A venture capital round, which will fund continued drug discovery related to neurodegenerative diseases caused by protein misfolding, but the company's first clinical trials probably will be financed through additional financing or potential partnership agreements.

Chairman and CEO Tony Coles, who as CEO of Onyx Pharmaceuticals sold that company to Amgen Inc. for more than $10bn in 2013, co-funded and launched Yumanity in late 2014 with scientific co-founder Susan Lindquist

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