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Pulmocide Grows Cash Pile For Promising Antifungal

Opelconazole In Phase III For Invasive Pulmonary Aspergillosis

 
• By Kevin Grogan

The UK firm has announced an extension of its series C financing which means it has raised just shy of $150m in the last 18 months to fund clinical development, manufacturing scale-up and preparations for the potential commercialization of opelconazole.

US dollars
• Source: Archive

Having kicked off its late-stage clinical program for lead candidate opelconazole, the UK's Pulmocide Ltd has secured fresh funding to advance the antifungal for the treatment of invasive pulmonary aspergillosis (IPA).

The London-headquartered respiratory specialist has extended the $92m series C financing unveiled in May last year with a $52m extension...

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