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North Texas Inno - Biotech startup lands $1.5M grant funding on path to potentially going public

North Texas Inno - Biotech startup lands $1.5M grant funding on path to potentially going public
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Dallas region sees growing traction around the life sciences amid IPOs, fundings

Dallas region sees growing traction around the life sciences amid IPOs, fundings
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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CAGE Bio Closes $7.2 Million Round of Series A Funding

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SAN CARLOS, Calif., Feb. 16, 2021 /PRNewswire/ CAGE Bio Inc., an innovative biotechnology company focused on developing innovative therapies for infection, inflammation and immunology, announced the closing of a $7.2 million over-subscribed Series A financing. The investment was led by professional and angel investor groups consisting of current and former pharmaceutical executives and physicians.
CAGE Bio s mission is to translate ionic liquids into transformational consumer healthcare and prescription therapeutics. The financing will enable CAGE Bio to strengthen the team, launch consumer healthcare products, and advance their lead therapeutic product for papulopustular rosacea to phase 2.
The support of investors with proven track records in the healthcare space is validation of the therapeutic benefits and disruptive potential of ionic liquids, said Nitin Joshi, co-founder and chief executive officer, CAGE Bio ....

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