BW Therapeutics Announces Opening Of Series A Round And Strategic Partnering Initiatives
TAMPA, Fla., Jan. 10, 2020 /PRNewswire/ -- BW Therapeutics, Inc. announced today the opening of its Series A fundraising process and kick-off of a strategic partnering initiative. The funds raised will be used to further the development of its TYN-21 program, a novel, proprietary formulation of paclitaxel that is expected to provide equivalency to Abraxane, a leading oncology drug.
BW Therapeutics CEO and Co-Founder, Kevin Sill, Ph.D., commented, "We look forward to partnering with investors to join us in taking our TYN-21 program to the next stage and ultimately a partnership with a major biopharma partner." Brad Sullivan, Ph.D., COO and Co-Founder said, "Our market research has revealed a desire for a cost-competitive alternative to Abraxane. TYN-21 is well positioned to meet this need due to its rapid and inexpensive development path."
About BW Therapeutics:
BW Therapeutics was founded in 2019 as a biotechnology company focused on the development of TYN-21, a 505(b)(2) formulation of Abraxane. BW Therapeutics intends to develop TYN-21 through NDA approval with the proceeds from its Series A financing. BW Therapeutics will be attending the Biotech Showcase Conference in San Francisco, CA on January 13-15, 2020 and the BIO CEO & Investor Conference in New York, NY on February 10-11, 2020. Please visit us at www.bwtherapeutics.com.
Media Contact
Brad Sullivan, COO
info@bwtherapeutics.com
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SOURCE BW Therapeutics
