HOUSTON, TX, Sporos Bioventures officially launched today with the close of a $38.1 million Series A financing.
Sporos, founded by a group of biotech executives, entrepreneurs, academic scholars, and investors, was formed to catalyze the rapid and accurate development of breakthrough therapies that target novel disease mechanisms in cancer and immune diseases. Harnessing its vast network of industry leaders, strategic resources, and operational expertise, Sporos aims to bring new hope to patients in a more efficient and impactful manner. In parallel to the Series A, Michael Wyzga, M.B.A., former chief financial officer of Genzyme, joins the team as Founding CFO.
Sporos is transforming knowledge into new hope for patients. With deep roots in Texas, connections within Texas Medical Center (TMC) and reach across the industry, the Company identifies novel disease mechanisms and strategically deploys talent, capital and access to operational resources to catalyze the development of breakthrough medicines. Sporos' current pipeline is diversified across four entities and includes multiple clinical-stage candidates that are being investigated for the treatment of multiple indications in cancer and immune disease.
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