Last deal

$8.4M
Local Amount - EUR 7.5M

Amount

Series D

Stage

16.12.2019

Date

7

all rounds

$149.1M

Total amount

General

About Company
Promethera Biosciences develops innovative cell therapy products to treat liver diseases.

Industry

Sector :

Subsector :

founded date

01.01.2009

Number of employees

Company Type

For Profit

Last funding type

Series D

IPO status

Private

Description

The biopharmaceutical company is a spin-off of the Université Catholique de Louvain and focuses on using allogeneic adult stem cell technology to discover, develop, and commercialize treatments for liver diseases. Promethera Biosciences utilizes a newly discovered and patented progenitor cell type called the human Adult Liver-Derived Mesenchymal Progenitor Cell (hALDMSC) to create two products: Cell Signaling Technology for Organ Repair and Regeneration. The company's mission is to provide innovative treatments for liver diseases using allogenic progenitor cells from healthy human livers.
Contacts