McDermott Advises AbolerIS Pharma on its €2.5 Million Fund Raising Campaign to Develop Immune System Biotechnologies

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AbolerIS Pharma, announced on November 4, the successful completion of a €2.5 million ($2.9M) seed financing round with an investment consortium comprised of Newton Biocapital and Turenne Santé / Sham Innovation Santé. This funding will allow AbolerIS Pharma to develop technologies that preserve and stimulate regulatory T cells and control/eliminate the effector T cells responsible for immune system diseases.

Aboleris Pharma is a pre-clinical stage biotechnology company specializing in the development of innovative immuno-modulators for the treatment of transplant rejection, graft-versus-host disease and autoimmune diseases.

McDermott Will & Emery acted as corporate counsel along with AbolerIS Pharma with Anthony Paronneau, partner, Mathilde Peschard and Pascaline Sagot, associates. 

Turenne Santé/Sham and Newton Biocapital were advised by Chammas & Marcheteau.

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