Chinook launched less than two years ago to develop precision medicines for chronic kidney diseases and will have three drugs in the clinic in 2021, including a Phase III candidate for IgA nephropathy.
Chinook raised $65m last year but will have $275m later this year • Source: Shutterstock
Chinook Therapeutics, Inc. emerged a year ago with preclinical precision medicines for chronic kidney diseases and $65m in series A venture capital. Now, the company is about to close a merger with Aduro Biotech, Inc. and announced a $106m private placement financing, which will give Chinook at least $275m in total capital to advance its pipeline.
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