San Diego biotech secures $75M to advance lead candidate
Arthrosi Therapeutics, a biotech company developing a gout treatment, raised a fresh $75 million through a Series D round.
According to a press release on Tuesday, Guangrun Health Industry led the round alongside other investors, including Reichstein Biotech, a subsidiary of ApicHope Pharmaceuticals. Arthrosi hasn’t shared news about previous financing rounds, but data from PitchBook show that this was the seventh round. It last raised $15 million in March and has raised a total of $154.1 million, according to PitchBook.
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