Noema Pharma Secures CHF 130 Million with EQT Life Sciences' Series B Extension

Deal News | Dec 11, 2024 | EQT

Noema Pharma Secures CHF 130 Million with EQT Life Sciences' Series B Extension

The clinical-stage biotech company Noema Pharma has successfully extended its Series B funding round, raising a total of CHF 130 million in a bid to advance its clinical pipeline targeting central nervous system (CNS) disorders. This extension was led by EQT Life Sciences, part of the EQT platform, with participation from a consortium of global biotechnology investors. The capital infusion aims to support late-stage clinical trial readouts anticipated in 2025 for multiple treatments addressing severe neurological diseases, a field characterized by high unmet medical needs. The company's therapeutic portfolio includes innovative treatments in Phase 2 trials for conditions such as trigeminal neuralgia, tuberous sclerosis complex, Tourette syndrome, and CNS-mediated symptoms of menopause. EQT Life Sciences' partnership with Noema Pharma reflects a strategic alignment towards pioneering treatments for CNS disorders, driven by the leadership of Noema Pharma's CEO, Ilise Lombardo, MD, and guided by EQT's strategic investments in groundbreaking healthcare solutions. The involvement of Felice Verduyn-van Weegen, Partner at EQT, as a board member of Noema Pharma further emphasizes the importance of this collaboration. Noema Pharma, with its headquarters in Basel, Switzerland, continues its mission to leverage its innovative assets to transform outcomes for patients suffering from these challenging CNS disorders.

Sectors

  • Biotechnology
  • Healthcare
  • Venture Capital

Geography

  • Switzerland – Noema Pharma, the target company, is headquartered in Basel, Switzerland.
  • Global – The article mentions a consortium of global biotechnology investors participating in the funding round.

Industry

  • Biotechnology – The article focuses on Noema Pharma, a clinical-stage biotech company developing therapies for CNS disorders.
  • Healthcare – The funding is aimed at advancing treatments for neurological diseases, highlighting the healthcare industry's involvement.
  • Venture Capital – EQT Life Sciences, a venture capital firm, plays a key role in leading the Series B funding extension for Noema Pharma.

Financials

  • CHF 130 million – Total Series B financing raised by Noema Pharma, led by EQT Life Sciences.

Participants

NameRoleTypeDescription
Noema PharmaTargetCompanyA clinical-stage biotech company focused on developing therapeutics for CNS disorders.
EQT Life SciencesInvestorCompanyA venture capital firm leading the Series B extension in Noema Pharma.
Ilise Lombardo, MDCEO of Noema PharmaPersonCEO of Noema Pharma and a neurology-focused repeat entrepreneur.
Felice Verduyn-van WeegenPartner at EQTPersonPartner at EQT and joining the Board of Directors of Noema Pharma.
LSP 7 FundInvestorCompanyA fund managed by EQT Life Sciences, participating in the investment round.
ForbionInvestorCompanyA biotechnology investor part of the fundraising consortium.
Jeito CapitalInvestorCompanyA biotechnology investor part of the fundraising consortium.
Sofinnova PartnersInvestorCompanyA biotechnology investor part of the fundraising consortium.
Gilde HealthcareInvestorCompanyA biotechnology investor part of the fundraising consortium.
Polaris PartnersInvestorCompanyA biotechnology investor part of the fundraising consortium.
InvusInvestorCompanyA biotechnology investor part of the fundraising consortium.
UPMC EnterprisesInvestorCompanyA biotechnology investor part of the fundraising consortium.