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Major Cash Injection Advances Augustine’s HDAC6 Hopes

 
• By Kevin Grogan

The Belgian firm banks nearly €77.7m to push its Charcot-Marie-Tooth to proof-of-concept.

Gerhard Koenig (Augustine Therapeutics)

Armed with an impressive series A financing that has raked in €77.7m ($84.8m), Augustine Therapeutics has ambitions to be a leading player in the histone deacetylase 6 (HDAC6) inhibition space for the treatment of neuromuscular, neurodegenerative and cardio-metabolic diseases.

Key Takeaways
  • Augustine’s series A was led by Novo Holdings and Jeito, with participation from Eli Lilly among others
  • The firm is developing potentially

The oversubscribed funding round for the Belgian firm, founded in 2019 as a spin-off of VIB and KU Leuven, was co-led by new investors Jeito and Novo Holdings. They were joined by Asabys Partners (which led an initial €17

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