Glycomine, a San Carlos-based biotech startup, has successfully raised $115 million in a Series B funding round aimed at advancing its drug for PMM2-CDG, a rare glycosylation disorder that affects muscle control. The funding will facilitate deeper testing of the drug, which targets this potentially deadly condition. The announcement comes amid a broader trend of biotech companies securing substantial investments to tackle challenging medical issues, reflecting ongoing confidence in the sector's potential for breakthroughs in rare disease treatments.
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Glycomine raises $115 million to target potentially deadly rare disease PMM2-CDG https://t.co/8G788R1cBg via @SFBusinessTimes
A San Carlos biotech company has cracked a challenging drug delivery problem, paving the way for a potential breakthrough in treating a rare genetic disorder affecting muscle control. https://t.co/JaMkM9X8oy