MoonLake seeks to add $75 million to sonelokimab fund
Swiss inflammatory diseases specialist MoonLake Immunotherapeutics (Nasdaq: MLTX) has announced the pricing of a $75 million underwritten offering,
The Zug-based biotech intends to use the funds raised—which adds to a $500-million financing from Hercules Capital in April—primarily to pay for the research and development of sonelokimab, a novel investigational Nanobody.
Mixed data
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