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HomeFinTechNoema Pharma: Raises CHF54M in Series A Financing

Noema Pharma: Raises CHF54M in Series A Financing

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  • Noema Pharma AG, a Basel, Switzerland-based clinical-stage company targeting orphan neurological disorders, raised a Series A financing round, raising CHF54m ($59m USD)
  • The round co-led by Sofinnova Partners and Polaris Partners with participation from new international investors Gilde Healthcare, Invus, and BioMed Partners
  • The company also intends to use the funds to further develop its clinical-stage pipeline
  • The product candidates will also develop in neurological indications with severe unmet need
  • Noema Pharma is a company targeting orphan neurological disorders characterized by imbalanced neuronal networks
  • The company developing four mid-clinical-stage therapeutic products in-licensed from Roche and with strong safety packages

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