Oxitope Pharma and Arxx Therapeutics Merge to Form Calluna Pharma; Raise €75 Million Series A
January 23, 2024
Oxitope Pharma and Arxx Therapeutics have merged to form Calluna Pharma and completed a €75 million Series A financing backed by Forbion, Sarsia, p53 and Investinor. The combined company, led by CEO John Montana, will develop a pipeline of selective antibodies targeting inflammatory and fibrotic diseases, advancing multiple clinical and preclinical programs.
- Buyers
- Forbion, Sarsia, p53, Investinor
- Targets
- Oxitope Pharma, Arxx Therapeutics
- Industry
- Biotechnology
- Location
- Oslo, Norway
- Transaction Type
- Growth capital
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