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Enterprise Therapeutics Raises £29M To Advance Respiratory Assets

 
• By Mike Ward

UK biopharma Enterprise Therapeutics raises £29M in a series B round co-led by Versant Ventures and Novartis Venture Fund to advance pipeline of novel respiratory disease treatments into clinical development.

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Enterprise Therapeutics Ltd., a Brighton, UK-based biopharma company developing muco-regulatory therapies, has raised £29m ($41m) in an over-subscribed series B round. The round was co-led by Versant Ventures and Novartis Venture Fund, with new investor Forbion and existing investors Epidarex Capital and IP Group joining the syndicate.

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