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Venture Capital News: Sudo Biosciences Scores $37M Series A

2022-09-28
MENLO PARK, CA, Sudo Biosciences, a biopharmaceutical company, announced the close of $37M in Series A financing led by Frazier Life Sciences and Velosity Capital.
Sudo Biosciences, a biopharmaceutical company committed to designing and developing a broad pipeline of best-in-class precision TYK2 (tyrosine kinase 2) inhibitors, announced the close of $37M in Series A financing led by Frazier Life Sciences and Velosity Capital.

Founded in 2020, Sudo's lead programs target the TYK2 pseudokinase domain. TYK2 is a key mediator in cytokine signaling pathways that have been linked to a broad range of immune-mediated inflammatory conditions. Inhibiting TYK2 has been shown to be beneficial in the treatment of psoriasis, psoriatic arthritis, and lupus. Additional evidence suggests that TYK2 inhibition could provide benefit in an even broader range of autoimmune disorders such as ulcerative colitis, Crohn's disease, ankylosing spondylitis, multiple sclerosis, and others.
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