With new $106M crossover round, Tenaya preps heart fail­ure pro­grams for the clin­ic — and maybe an IPO

Less than a year and a half since pulling in its last round of fund­ing, Tenaya Ther­a­peu­tics is back with a crossover round that could set it up for an IPO down the road.

Pri­vate and pub­lic in­vestors have now jumped aboard the Tenaya train to the tune of a $106 mil­lion Se­ries C, the com­pa­ny an­nounced Mon­day morn­ing, with the hopes of ad­vanc­ing its lead gene ther­a­py pro­gram for heart fail­ure in­to the clin­ic. Tenaya al­so aims to fund its oth­er heart fail­ure plat­forms, hav­ing made much progress in cel­lu­lar re­gen­er­a­tion and pre­ci­sion med­i­cine as well, CEO Faraz Ali told End­points News.

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.

SIGN UP LOG IN BECOME A PREMIUM SUBSCRIBER