Scoop: J&J-backed Aro Biotherapeutics eyes nine-figure raise with first trial on horizon

Kyle LaHucik

Senior Reporter

Aro Biotherapeutics is en route to the clinic, and a nine-figure capital infusion is in view.

The Philadelphia biotech is “in the process of raising a Series B,” president and CEO Sue Dillon confirmed to Endpoints News via email in the last few days of 2022. An SEC filing from last week outlined a $100 million round that has so far attracted a dozen investors and about one-quarter of the company’s financing goal.

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Scoop: J&J-backed Aro Biotherapeutics eyes nine-figure raise with first trial on horizon

Kyle LaHucik

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Scoop: J&J-backed Aro Bio­ther­a­peu­tics eyes nine-fig­ure raise with first tri­al on hori­zon

Kyle LaHucik

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Unlock this article instantly by becoming a free subscriber.

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