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.
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.
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