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COUR Pharma Raises $50.0M

Recently funded · $50.0M Series bHospitals and Health CareUSView source

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COUR Pharma, a clinical-stage biotechnology company focused on reprogramming the immune system to restore health in people with autoimmune diseases, has closed a $50.0M Series b funding round.

The financing, with participation from Lumira Ventures, Roche Venture Fund, and Sanofi, will advance COUR's proprietary nanoparticle (CNP) platform. This technology develops first-in-class disease-modifying therapies that target the root cause of conditions like type 1 diabetes, primary biliary cholangitis, and celiac disease, without suppressing normal immune system function.

COUR Pharma has closed a $50 million Series B round led by Lumira Ventures and Roche Venture Fund, with new investor Sanofi. The biotech company will use the funds to advance its investigational therapy, CNP-103, for type 1 diabetes.Founded byJohn J.

Puisis, and led by Dannielle Appelhans, COUR Pharma's nanoparticle platform aims to reprogram the immune system to induce tolerance, addressing the underlying cause of autoimmune diseases rather than just managing symptoms.More at: https://lnkd.in/eSed2r3f#Biotech #Funding #Type1Diabetes

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