Wren Therapeutics Announces Financing of £12.4 Million (c. $17.0 Million)

• Participation from both existing and new investors
• Total capital raised for company to date: c. £33 million (c. $45 million)
• Capital utilised to accelerate lead programs: amyloid-β and α-synuclein
• Company to nominate lead clinical amyloid-β candidate in Q1, 2021
• α-synuclein being advanced in collaboration with Eisai Co., Ltd
• Andrew C. von Eschenbach and Mr. Owen Hughes appointed to Board
• Talent added at senior management level
• Company to progress additional high-value targets: IAPP, tau & TDP-43
• Initiated application of the kinetics platform to Oncology

 

CAMBRIDGE, United Kingdom, January 25 2021 – Wren Therapeutics Ltd., (“Wren”), a biopharmaceutical company pioneering a unique network kinetics approach to drug discovery for protein misfolding diseases, today announced the closing of a £12.4 million (c. $17.0 million) financing.