Dublin-based biopharmaceutical company, SynOx, has raised additional funding in the final close of its Series B financing, bringing the total capital raised to €84.8 million.
The funding round was led by new investor Gilde Healthcare, along with investments from Forbion, HealthCap, and Bioqube Ventures.
The proceeds will support a Phase 3 clinical trial of emactuzumab, a potential treatment for Tenosynovial Giant Cell Tumour (TGCT), a rare joint disorder.
The trial, named TANGENT, aims to evaluate the efficacy and safety of emactuzumab, with the first patients already dosed.