McDermott Advises Dynacure on a New €50 Million Financing
Dynacure, a biotechnology company focused on improving the lives of patients with rare and orphan disorders, today announced that it has successfully raised a record €50 million in its third-round financing led by Perceptive Advisors. New investors participating in the financing include Bpifrance Large Venture and funds managed by Tekla Capital Management LLC. Dynacure’s existing investors Andera Partners, Bpifrance – through its FABS (Fonds Accélération Biotech Santé) and Fonds Biothérapies Innovantes et Maladies Rares funds -, Kurma Partners and Pontifax also meaningfully participated to the transaction.
Dynacure thus plans to continue the development of clinical trials of its flagship drug, DYN101, designed to combat centronuclear myopathies.
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