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AgomAb Raises €21m Series A To Regenerate Damaged Tissues

 
• By Mike Ward

Ghent, Belgium-based start-up, AgomAb Therapeutics NV secures funds and license to develop HGF-mimetic agonistic monoclonal antibodies for regeneration of damaged tissues.

Human antibody
AgomAb develops agonistic antibodies for regeneration of damaged tissues • Source: Shutterstock

Established in 2017, AgomAb Therapeutics has emerged from stealth mode with a €21m series A round, co-led by V-Bio Ventures and Advent France Biotechnology in a syndicate including Boehringer Ingelheim Venture Fund, Omnes and Pontifax. The funds will be used to develop agonistic antibodies and antigen-binding fragments that bind with high affinity to both the human and mouse hepatocyte growth factor (HGF) receptor, also known as MET, for regeneration of damaged tissues. Preclinical data suggest that the approach has application across a number of indications.

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