Foley Served as Counsel to TCG Crossover in Entrada Series B Funding

14 April 2021 Media Contact: Dan Farrell News

Foley & Lardner LLP served as counsel to TCG Crossover in their significant Series B investment in Entrada Therapeutics.  The Boston-based biotech company raised $116 million in Series B funding in support of their new focus on neuromuscular diseases and getting their first Duchenne muscular dystrophy program into the clinic. 

The Company plans to use the investment proceeds to advance its diverse pipeline to the clinic. Included in this pipeline are several of Entrada’s oligonucleotide programs for the treatment of multiple neuromuscular diseases, led by Duchenne muscular dystrophy (DMD). In addition, Entrada is applying its proprietary Endosomal Escape Vehicle (EEV)TM platform to expand beyond neuromuscular diseases into additional therapeutic areas.

The Foley team was led by partners Louis Lehot and Nicole Hatcher.

About

Entrada Therapeutics' mission is to transform the treatment of devastating diseases and improve patients' quality of life by developing intracellular biologics. Leveraging its proprietary Endosomal Escape Vehicle (EEV)™ platform, Entrada is creating a diverse and expanding pipeline of oligonucleotide, antibody, enzyme, protein and peptide programs to efficiently target and engage underlying drivers of diseases. The Company’s novel approach addresses current challenges associated with both large and small molecule therapeutics and represents a fundamental advancement in the field of intracellular biologics. For more information about Entrada’s pipeline and the broad therapeutic potential of the Company’s EEV™ platform, please visit www.entradatx.com

TCG Crossover invests in high-growth companies in the life sciences and healthcare industries.

Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With approximately 1,100 lawyers in 24 offices across the United States, Mexico, Europe and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.  In California, Foley maintains five offices in Silicon Valley, San Francisco, Los Angeles, San Diego and Sacramento with over 130 lawyers across the region focusing on innovation at every stage of growth, from startups to fast-growing and mid-market businesses to mature global enterprises. Foley lawyers are known for their strong values-led, practical and commercial approach, and for deploying strategies and solutions that make sense.

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