HemoShear Therapeutics Raises $40M in Series A Financing

15 Feb, 2021

HemoShear Therapeutics Raises $40M in Series A Financing
Photo by Vincent Garnier on Unsplash

– HemoShear Therapeutics, Inc. is a clinical stage company developing treatments for rare metabolic disorders.
– The company raised $40m in Series A funding.
– The round was led by Suvretta Capital with participation from Janus Henderson Investors, Adage Capital Management LP and other private investors.
– The new investment will be used to complete a phase 2 study of its lead compound, HST5040, an investigational oral small molecule therapy, for the treatment of methylmalonic acidemia (MMA) and propionic acidemia (PA), as well as fund future clinical studies and earlier stage programs.

Biotechnology Health Care Medical North America
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