Banking & Finance  September 17, 2019

Boulder-based Edgewise Therapeutics raises $50M in Series B round

BOULDER  — Edgewise Therapeutics Inc. closed a $50 million Series B fundraising round for its research into musculoskeletal diseases.

According to a press release, Edgewise said the funding will be used to prepare its main drug candidate, a treatment for two forms of muscular dystrophy, for clinical trials. The company is seeking Investigational New Drug status from the U.S. Food and Drug Administration.

The round was led by Danish venture firm Novo Holdings A/S and California-based U.S. Venture Partners LP.

Edgewise, which is affiliated with the University of Colorado Boulder’s BioFrontiers Institute, is developing therapies for muscular disorders. CEO Kevin Koch told BizWest…

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Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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