With a new HQ un­der con­struc­tion and Ab­b­Vie as a part­ner, Alec­tor grabs $133M round to fund a move in­to the clin­ic

When Sabah Oney joined Alec­tor three years ago, the two-year-old com­pa­ny helmed by CEO Arnon Rosen­thal had a lean, 15-staffer op­er­a­tion tight­ly packed in­to one small space.

To­day, it’s 65 peo­ple — head­ed to 90 by the end of the year — and the chief busi­ness of­fi­cer can look for­ward to much more space with a new and ex­pan­sive 100,000-square foot HQ un­der con­struc­tion in South San Fran­cis­co.

So as the com­pa­ny po­si­tions its first three drugs for neu­rode­gen­er­a­tive dis­eases to en­ter hu­man stud­ies for the first time, this is a great time for a $133 mil­lion Se­ries E mega-round.

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