December 23rd, 2020 – Geneva – Switzerland and Lyon – France

NETRIS Pharma, a clinical-stage biopharmaceutical company developing next generation molecules targeting cancer, today announced the closing of a €16.1m Series A financing and the reinforcement of its Board of Directors. The round was subscribed by historical investors converting their outstanding loans, and joined by New Investors collectively investing €7.5m.

Patrick Mehlen, NETRIS Pharma Founder and CEO, commented “NETRIS Pharma is proud to have achieved major milestones in these highly turbulent times and thank BPDG for its active role in this fundraising process. Further to the signature of a collaboration Agreement with MSD for the coming Phase 1B/2 trial in combination with Pembrolizumab,such funding creates opportunities to accelerate the clinical development plan of NETRIS Pharma in other indications of interest.” 

Banque Profil de Gestion (BPDG) acted as the sole advisor for the fundraising process led by Gianpaolo Chiriano, Managing Director and Head of Healthcare & Life Sciences at BPDG, who added: “we are glad to have contributed to the achievement of this milestone for NETRIS Pharma with the hope to impact lives of cancer patients.”

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