John Puisis, COUR Pharmaceuticals CEO

Chica­go-area au­toim­mune biotech gets phar­ma back­ing in $105M round for two PhII tri­als

COUR Phar­ma­ceu­ti­cals, a near­ly decade-old biotech work­ing on ther­a­pies for au­toim­mune dis­eases, said Tues­day it has raised $105 mil­lion in Se­ries A fund­ing to take it through Phase IIa stud­ies.

The Skok­ie, IL-based biotech had pre­vi­ous­ly reeled in about $100 mil­lion via ven­ture in­vestors and deals with Take­da and Iron­wood, CEO and founder John Pui­sis told End­points News. COUR, which is short for courage, is based on re­search out of Steve Miller’s lab at North­west­ern Uni­ver­si­ty, Pui­sis said.

Endpoints News

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