December 2024: Who bagged the biggest private biotech investments?

December 2024: Who bagged the biggest private biotech investments?

This issue of our newsletter is supported by Inpart.

As we bid farewell to 2024, the final month of the year brought with it some big fundraising rounds. For example, in the biggest investment of December, Nuvig Therapeutics raised $161 million in a series B round, as it aims to deliver novel methods for reducing autoimmune dysregulation without immunosuppression.

Meanwhile, Ottimo Pharma wasn’t far behind after bagging $140 million from a series A round, helping its ambition of developing a cancer drug that blocks PD-1 and VEGF, and Angitia Biopharmaceuticals managed to raise $120 in a series C round to support its pipeline of treatments for serious musculoskeletal diseases.

And, as we also looked back at 2024 as a whole, we found that, although October was the month with the highest amount of fundraising rounds, it was actually April that brought in the most amount of money.

To find out more, read the full article: The biggest private biotech investments in December 2024


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?? More noteworthy articles from this week:

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