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Sanifit Smashes Spanish Record With €72.2m Fundraiser

 
• By Kevin Grogan

The Mallorca-based group has closed Spain's largest ever private biotech round to advance its calcification inhibitor into late-stage trials.

Mallorca
Mallorca is home to Sanifit, which is fast becoming a leading player in Spain's biotech sector • Source: Shutterstock

Sanifit, one of the most closely watched companies in Spain's blossoming biotech sector, is taking its treatment for the deadly rare disease calciphylaxis into Phase III, boosted by a €72.2m financing.

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