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Finance Watch: Chinook Debuts With $65m For Precision Kidney Disease Medicines

 
• By Mandy Jackson

Private Company Edition: The start-up intends to take multiple drug candidates into the clinic by 2021. Also, Graybug Vision raises an $80m series B and Finch closes a $53m series C.

Finance Watch

Canadian start-up Chinook Therapeutics Inc., which revealed a $65m series A venture capital round on 22 August, intends to capitalize on new biological insights and a favorable regulatory environment in kidney diseases to develop novel precision medicines. The company plans to take a portfolio of compounds into the clinic by 2021.

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