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Confo Therapeutics Raises €30m Series A To Drug Difficult Targets

 
• By Mike Ward

Belgian drug discovery company raises funds to finance development of its platform to discover compounds targeting difficult-to-drug GPCRs and advance lead program to the clinic.

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Confo Secures Enough Funds To Early 2022

Confo Therapeutics, the Ghent-based drug discovery company that uses single domain antibody fragments derived from camelid antibodies, has raised €30m in a Series A round. The funds will be used to accelerate its proprietary drug discovery activities and advance its pipeline of GPCR-modulating compounds to create drug candidates for clinical trials.

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