EraCal Therapeutics AG Closes Seed Financing Round

EraCal Therapeutics AG, established as a spin-off from the University of Zurich and Harvard University, completes an oversubscribed seed financing round. Investors included Bernina BioInvest, Redalpine, the UZH Life Sciences Fund and private investors. The seed capital will be used to advance the preclinical development of Era-107, an appetite modulator that has a more specific effect than previous drugs and therefore causes fewer side effects. VISCHER acts as legal advisor to EraCal Therapeutics AG in the seed financing round. The VISCHER team includes Christian Wyss (Partner, Corporate / M&A), Luzius Zumstein (Associate, Corporate / M&A), Dr. Sara Ianni (Associate, Corporate / M&A), and Adrian Briner (Associate, Tax).

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Categories: Life Sciences, Pharma, Biotech, Private Equity & Venture Capital, Startup Desk, Deals & Cases