Bain Capital Invests up to $300M in Cardurion Pharmaceuticals
October 27, 2021
Cardurion Pharmaceuticals, a clinical‑stage biotechnology company focused on cardiovascular therapeutics, received a private investment of up to $300 million from Bain Capital Life Sciences and Bain Capital Private Equity to advance its PDE9 and CaMKII inhibitor programs and to scale the business. The funding will support a major Phase 2 heart‑failure trial, initiation of first‑in‑human studies, and company growth; Bain Capital will also join Cardurion’s board alongside existing investors Takeda Pharmaceuticals and Polaris Partners.
- Buyers
- Bain Capital Life Sciences, Bain Capital Private Equity
- Targets
- Cardurion Pharmaceuticals
- Industry
- Biotechnology
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
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