ImmusanT secures $20 million in Series A financing

Friday, December 16, 2011

ImmusanT has raised $20 million in Series A financing from Vatera Healthcare Partners to advance development of the biotechnology company’s immunotherapeutic vaccine Nexvax2, companion diagnostic and monitoring tool for celiac disease. The proceeds will fund the Nexvax2 therapeutic and diagnostic development plan to the point of demonstrating proof-of-concept. ImmusanT expects to initiate the next clinical trial in early 2012.

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