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SalubrisBio Reports $35 Million Infusion from Parent for Novel Biologic Drugs

publication date: Mar 28, 2023

Salubris Biotherapeutics has received $35 million from its parent, Shenzhen Salubris Pharma, to advance its lead candidate, a treatment for heart failure with preserved ejection fraction (HFpEF), currently in a US Phase Ib trial. JK07 is a recombinant fusion protein that combines a fully human immunoglobulin IgG1 mAb and an active polypeptide fragment of the human growth factor neuregulin (NRG-1). The capital will support Phase Ib and II trials of JK07. Salubris Bio, a Gaithersburg, Maryland pharma, was founded in 2016 to develop novel complex biologic drugs for cardiovascular, oncology and neurodegenerative diseases. More details....

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