DalCor Pharmaceuticals has raised $150m via a private financing in order to pick up development of ex-Roche CETP inhibitor dalcetrapib for a genetically distinct group of acute coronary syndromes (ACS) patients.
DalCor Pharmaceuticals has raised $150m via a private financing in order to pick up development of ex-Roche CETP inhibitor dalcetrapib for a genetically distinct group of acute coronary syndromes (ACS) patients.
The company closed a $100m series B round earlier this week, adding the cash to $50m raised in late 2015
The therapy has been developed for GM1 and GM2 gangliosidoses and Niemann-Pick disease type C.
The presentation and publication of the Phase IIIb study showing greater efficacy for Zepbound over Wegovy come at a time when competition has been heating up between the two obesity medications.
Vaccine and accelerated approvals are expected to face greater scrutiny under new CBER leader Vinay Prasad, but he has promised “no light switch change” to policy, giving some reassurance to companies whose share prices have been battered.
