Sanifit raises USD 80.9 M to advance Calciphylaxis Pipeline
Sanifit, a clinical-stage biopharmaceutical company, has raised USD 80.9 million ( €72.2 million ) in total private fundraising. The financing mainly consisted led by Spain’s Caixa Capital Risc, along with many new investors, including Columbus Venture Partners and Alta Life Sciences. The proceeds raised will help Sanifit to advance further the clinical development of its lead candidate SNF472 for the treatment of calcific uremic arteriolopathy (CUA), also known as Calciphylaxis. Calciphylaxis therapeutic market is expected to change at a CAGR rate of 4.13% for the forecast period of 2019-28. The anticipa...