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Surrozen raises $175M, to focus on ophthalmology; CBC Group has a new $1B fund

Summary by Endpoints News
Plus, news about CG Oncology, Opus Genetics and Valneva: Surrozen’s pivot and capital raise: The South San Francisco drug developer is scrapping clinical development in severe alcohol associated hepatitis and instead ...

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Surrozen Announces an Oversubscribed $175 Million Private Placement of Securities to Focus on Selective Wnt Mimetic Therapeutics to Treat Serious Eye Diseases

SRZN Announces an Oversubscribed $175 Million Private Placement of Securities to Focus on Selective Wnt Mimetic Therapeutics to Treat Serious Eye Disease...

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Surrozen Discontinues Liver Program; Shifts Focus to Ophthalmology

Surrozen announced that the company will focus its Wnt biology expertise and Wnt signal modulation antibody technologies on its ophthalmology programs, including development of new treatment options for retinopathies. The company will use a $175-million private placement to fund multiple ophthalmology programs through initial phase 1 safety, tolerability and efficacy studies.  Modulation of Wnt signaling has the potential to be relevant in a bro…

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Surrozen raises $175M, to focus on ophthalmology; CBC Group has a new $1B fund

Plus, news about CG Oncology, Opus Genetics and Valneva: Surrozen’s pivot and capital raise: The South San Francisco drug developer is scrapping clinical development in severe alcohol associated hepatitis and instead ...

Read Full Article
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Globe Newswire broke the news in on Monday, March 24, 2025.
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