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    [{"orgOrder":0,"company":"GRO Biosciences","sponsor":"Atlas Venture","pharmaFlowCategory":"D","amount":"$60.0 million","upfrontCash":"Undisclosed","newsHeadline":"GRO Bio gathers $60M series B to take gout rival to Krystexxa into clinic","therapeuticArea":"Rheumatology","highestDevelopmentStatus":"Preclinical","country":"U.S.A","productType":"Large molecule","productStatus":"New Molecular Entity","date":"July 2024","url1":"","url2":"","graph1":"Large molecule","graph2":"GRO Biosciences"}]

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              GRO Bio gathers $60M series B to take gout rival to Krystexxa into clinic

              Details:

              The Proceeds from the financing will be used to advance the Company’s lead program ProGly-Uricase into the clinic for the treatment of refractory gout and to broaden the GRObio pipeline.

              Lead Product(s): Undisclosed

              Therapeutic Area: Rheumatology Product Name: Undisclosed

              Highest Development Status: Preclinical Product Type: Large molecule

              Partner/Sponsor/Collaborator: Atlas Venture

              Deal Size: $60.0 million Upfront Cash: Undisclosed

              Deal Type: Series B Financing July 19, 2024

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