BlossomHill Therapeutics Closes $100 Million Series B Financing
Retrieved on:
Thursday, February 29, 2024
Research, FDA, Public Relations, Investor Relations, Communications, Biotechnology, General Health, Pharmaceutical, Health, Science, Oncology, OrbiMed, Autoimmune disease, Intelligence, General partnership, Quality of life, Drug development, Drug design, Bristol Myers Squibb, Therapy, Life expectancy, Medicine, Patient, IND, Cancer, Pharmaceutical industry
BlossomHill Therapeutics, Inc. , a biotechnology company focused on the design and development of small molecule medicines for treating cancer and autoimmune diseases, today announced the closing of a $100 million Series B financing round.
Key Points:
- BlossomHill Therapeutics, Inc. , a biotechnology company focused on the design and development of small molecule medicines for treating cancer and autoimmune diseases, today announced the closing of a $100 million Series B financing round.
- In conjunction with the financing round, Sundeep Agrawal, M.D., General Partner at Colt Ventures, and Timothy Stubbs, M.D., Principal at Vivo Capital, will join the BlossomHill Board of Directors.
- This financing brings the total capital raised by the company to $173 million.
- “We appreciate the strong support from our new and existing investors in this round of financing,” said J. Jean Cui, Ph.D., President and Chief Executive Officer of BlossomHill Therapeutics.