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PregLem lines up €22.5M for pipeline work

Geneva-based PregLem ginned €22.5 million in its second venture round. San Francisco-based Sofinnova Partners led the round, with MVM Life Science Partners and NeoMed Management joining in. PregLem is developing a molecule that it in-licensed from France's HRA Pharma to treat pre-operative treatment of uterine myoma.

"In less than one year, PregLem has demonstrated its ability to in-license a portfolio of promising compounds to improve the treatment of a number of benign female reproductive health disorders," stated James Healy MD, PhD, General Partner at Sofinnova Ventures.

- check out the release for more info
- and here's the release on the most recent licensing deal

Related Articles:
PregLem inks deal, garners $26M in venture funds. Report
Billion-dollar baby: Biotech still on a roll with VC funds. Report

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