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Philadelphia Pennsylvania based Aro Biotherapeutics is raising $90,337,478.00 in New Equity Investment.

Philadelphia Pennsylvania based Aro Biotherapeutics is raising $90,337,478.00 in New Equity Investment.

January 26, 2021 Craig Etkin

Philadelphia, PA – According to filings with the U.S. Securities and Exchange Commission, Aro Biotherapeutics is raising $90,337,478.00 in new funding. Sources indicate as part of senior management Chief Administrative Officer, Mark Laurenzi played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Aro Biotherapeutics

Based in Philadelphia, Aro Biotherapeutics is a biotechnology company pioneering the development of tissue-targeted genetic medicines with a platform based on a proprietary protein technology called Centyrins. The company is developing a wholly-owned pipeline of Centyrin-based therapeutic candidates and is working with industry partners to leverage Centyrins for tissue-specific targeting of therapeutics for a diverse set of diseases. At Aro, Our initial efforts are focused on discovering and developing Centyrin-oligonucleotide conjugate therapies that are meant to address one of the greatest challenges facing oligonucleotide-based medicines today: targeted delivery of oligonucleotides to extra-hepatic tissues.

To learn more about Aro Biotherapeutics, visit http://www.arobiotx.com/

Contact:
Mark Laurenzi, Chief Administrative Officer
215-544-1175
https://www.linkedin.com/in/mark-laurenzi/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved


Venture Capital
6160, Aro Biotherapeutics, Pennsylvania, Philadelphia, Venture Capital

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