EnteroBiotix Raises over $21m in Series A Financing to Advance its Microbiome Drug Pipeline
EnteroBiotix, a biopharmaceutical company developing novel high-diversity microbial therapeutics that enhance the gut microbiome and target multiple indications has closed an oversubscribed USD $21.5 million (UK £15.5m) Series A financing round. The proceeds will be used to further advance the company’s microbiome drug pipeline and underpin its product development and manufacturing capabilities. The company was founded by EBS alumni Dr James McIlroy after recognising the therapeutic potential of the microbiome with the vision of building one of world’s leading microbiome drug development companies.