SV, Sofinnova in $30m series-A for Sitryx
SV Health Investors and Sofinnova Partners have led a $30m series-A funding round for UK-based biotech company Sitryx Therapeutics.
GlaxoSmithKline and Longwood Fund also took part in the round, which will fund research and development.
SV was a founding investor in Sitryx, and has supported it in its recruitment of senior research and management teams, led by former UCB Pharma senior vice-president of discovery Neil Weir as CEO.
Company
Founded in 2018, London-headquartered Sitryx is a biotech company focusing on immuno-oncology and immuno-inflammation for the treatment and prevention of a range of cancer and autoimmune conditions.
People
SV Health Investors – Houman Ashrafian (partner).
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