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Home » Jnana closes $107M series C round, banks $50M up front in second discovery Roche pact
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Jnana closes $107M series C round, banks $50M up front in second discovery Roche pact

Nov. 15, 2022
By Cormac Sheridan
Momentum is building at Jnana Therapeutics Inc. The firm has raised $107 million in a series C round and banked another $50 million up front from a new drug discovery and development pact with Roche Holding AG, which could potentially deliver significant near-term milestones and more than $2 billion in future milestone payments. It also commenced recruitment onto a first-in-human study of its lead drug candidate, JNT-517, an inhibitor of the phenylalanine transporter SLC6A19, which is in development for phenylketonuria.
BioWorld Deals and M&A Financings Cancer Neurology/psychiatric Series C

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