2 years ago
Apollo Therapeutics Secures $226.5 Million in Series C Funding
Apollo Therapeutics, a UK-based biopharmaceutical company, has raised $226.5 million in Series C funding
The round was led by Patient Square Capital, with participation from new investors M&G plc and existing investor Rock Springs Capital
The company plans to use the funds to advance pipeline programs through clinical development and further fund its drug discovery and development activities
Apollo Therapeutics translates fundamental medical research into medicines through a portfolio-model, with a centralized management team and a diverse portfolio of therapeutic programs
The company currently partners with institutions like the University of Cambridge, Imperial College London, and King's College London.
ProblemHealthcare
"Developing new medicines based on groundbreaking medical research is a complex and expensive process. Many promising discoveries never make it to patients because of lack of funding or expertise."
Solution
"Apollo Therapeutics provides a platform for translating fundamental medical research into medicines. They combine a centralized team of experts in pharmaceutical R&D, manufacturing, and commercialization with a diverse portfolio of therapeutic programs, each led by a dedicated asset leader. This model allows them to efficiently develop and commercialize new drugs."