Ledger. Australian venture funding, tracked

Company

Fibrotech

Coverage

Stories naming Fibrotech. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Exit / M&A

Certa Therapeutics Expands GPR68 Platform through Acquisition of OccuRx

Melbourne biotech Certa Therapeutics has acquired OccuRx, combining two GPR68 fibrosis pipelines founded by Professor Darren Kelly, and says it will seek Series B funding to advance clinical development.

Also Brandon BioCatalyst portfolio

3 deals

Australian pain drug innovation company Spinifex Pharmaceuticals sold to Novartis for US$200m plus milestone payments

GBS Ventures reports Novartis has agreed to acquire chronic-pain drug developer Spinifex Pharmaceuticals for US$200 million upfront plus milestones, recalling the company's 2005, 2008 and 2014 venture rounds and its Australian investors.

Also GBS Ventures·novartis.com·clinicalleader.com·Startup Daily·Startup Daily·anthillonline.com·@AuManufacturing·materresearch.org.au·Business News Australia

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