Content
12/09/2024
Oss Netherlands
Citryll
completed $85 million Series B Round funding. Investors include
Novartis Venture Fund (lead), Forbion Capital Partners (lead), Johnson & Johnson Innovation (lead), Pureos Bioventures, BioGeneration Ventures, Seventure Partners, Curie Capital.
About
Citryll has translated a deep understanding of the neutrophil extracellular trap (NET) pathway to therapeutically address its central role in a broad range of inflammatory diseases. With a unique dual mode of action, the company’s lead antibody, CIT-013, has reached the clinic by demonstrating a precise and powerful ability to control NETs and NETosis. Citryll is initially developing CIT-013 as a novel drug for rheumatoid arthritis and hidradenitis suppurativa, which may serve as enabling indications for a wide spectrum of inflammatory diseases. The initial clinical trials with CIT-013 are expected to provide the foundation for a new treatment paradigm.
Startup
Sector:
Biotech
Life Science
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