M&A  June 28, 2019

Boulder biotech PanTheryx company raises $50M

PanTheryx CEO Mark Braman. Courtesy PanTheryx
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BOULDER — PanTheryx Inc. has landed a $50 million investment from New York-based health investment firm Perceptive Advisors.

The Boulder-based biotechnology company said in a press release this week that the financing will be used to accelerate its pipeline of medical foods and biologic treatments for C. difficle infections and other gastrointestinal tract issues, and to expand the reach of products currently on the market, such as its flagship anti-diarrheal drink mix DiaResQ.

PanTheryx CEO Mark Braman. Courtesy PanTheryx

Key to the company’s pipeline is colostrum, the first milk produced by a…

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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