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Nimbus Therapeutics Lands $105M Funding

2021-07-15
CAMBRIDGE, MA, Nimbus Therapeutics, a biotechnology company, announced the closing of a $105 million private financing round, led by BVF Partners.
Nimbus Therapeutics, a biotechnology company, announced the closing of a $105 million private financing round.

The round was led by BVF Partners L.P. (BVF), with participation from existing investors including RA Capital Management and Atlas Venture. Access Biotechnology, Commodore Capital, Logos Capital, Surveyor Capital (a Citadel company).

Nimbus Therapeutics harnesses the power of computational chemistry to design breakthroughs for the treatment of substantial and underserved human diseases. The company's focus on metabolic diseases, cancer and immune-inflammatory disorders is driven by its selection of well validated targets that have proven intractable to the approaches taken by others in the pharmaceutical and biotechnology industry. Using its unique approach and technological capabilities, Nimbus is rapidly progressing highly selective and potent small molecules through discovery and development.
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