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Alentis Adds To Bank Balance And Rides The Claudin Wave

Series C Raises $105m

 
• By Kevin Grogan

While most of the R&D attention in the hot space of claudins has focused on targeting CLDN18.2, the Swiss biotech believes its CLDN1 programs have the advantage of a broader expression profile.

FUNDING word written on wood block
• Source: Shutterstock

In a time when biotechs are finding it tough to raise funds, Alentis Therapeutics has topped up its already-sizeable cash pile with the addition of a couple of heavyweight healthcare investors to advance its anti-fibrotic candidates through the clinic.

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