A privately held biotechnology company receives USD $190M financing from Global Private Equity Partners
A Biotechnology Company developing exclusive immunotherapies and vaccines, has received a USD $190 Million financing from Global Private Equity Partners.
NEW YORK, NEW YORK, UNITED STATES, February 24, 2021 /EINPresswire.com/ -- A privately held biotechnology company receives USD $190M financing from Global Private Equity PartnersA privately held Biotechnology Company developing exclusive immunotherapies and vaccines based on its engineered microbial platform, has received a USD $190 Million financing from Global Private Equity Partners.
Global Private Equity Partners holds 33% of the Biotechnology Company shares.
“We are very pleased with this strong financial support and with the Worldwide networks of Global Private Equity Partners,” says CEO of the Biotechnology Company. “The funds will support the development efforts of our microbial immunotherapy for the treatment of non-muscle invasive bladder cancer, which we plan to advance to the clinic by 2022, as well as the expansion of our pipeline across multiple solid tumors. This financing positions our Company well to realize the potential of our microbial immunotherapy platform.”
“Global Private Equity Partners is delighted to provide this financing and to continue to invest in their team and platform,” says Project Lead of Global Private Equity Partners. “Biotechnology Company’s approach of developing microbial immunotherapy that stimulates innate immunity and modulates the tumor microenvironment is very exciting and has the potential to transform cancer treatment across the World.”
“Biotechnology Company’s bacterial strains have the potential to be potent activators of multiple innate immune pathways, harnessing intrinsic microbial properties combined with modulatory effects from cutting-edge engineering to initiate and drive a patient’s anti-tumor responses. This harbors the potential to perform both as a monotherapy or in combination with other immunotherapies.”
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At Global Private Equity Partners, we apply our strengths as a Leading Global Investment and Advisory Firm to deliver solutions, unlock value and propel growth. Our capital fuels the development of businesses and communities. Our strategic advice helps companies and governments stabilize, grow, and thrive during these challenging times. We invest in emerging markets and entrepreneurs that will be the wellsprings of future opportunity. Over 700 employees focus on making our clients’ private markets investment programs a true success. That is all we do. And we do it with passion.
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PR Global Private Equity Partners
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Rob Goldstein
Global Private Equity Partners
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