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Recently Funded|Amount: EUR 7.0M|Industry: Biotechnology Research

Aplagon Secures €7M to Revolutionize Thromboinflammatory Therapeutics in Vascular Medicine

Aplagon Oy

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2-10 employees employees (Est.)
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Aplagon Oy, a pioneering clinical-stage biopharmaceutical company founded on breakthrough research by Riitta Lassila and her esteemed colleagues at the Wihuri Research Institute in Helsinki, is excited to announce that it has successfully raised 7,000,000 in its latest funding round. This infusion of capital underlines the strong confidence investors have in Aplagon’s innovative approach and its commitment to transforming the treatment landscape for thromboinflammatory diseases. At the heart of the company’s research is its lead therapeutic, APAC—a heparin proteoglycan mimetic that uniquely combines potent anti-platelet and anti-coagulant attributes with anti-inflammatory effects. Designed to specifically target vascular injury sites, APAC not only provides long-term localized action but also minimizes systemic exposure, addressing critical safety and efficacy challenges in vascular medicine. The newly raised funds will be strategically allocated to advancing multiple aspects of Aplagon’s clinical pipeline, with a special emphasis on conditions that have significant unmet medical needs. Key initiatives include accelerating the development of APAC for indications such as arteriovenous fistula (AVF) maturation failure in hemodialysis patients and chronic limb threatening ischemia (CLTI), where innovative treatment options are urgently required to prevent amputations and major cardiovascular events. By bolstering clinical trials and expanding its research efforts, Aplagon aims to fortify its position as a leader in developing first-in-class therapeutics with the potential to redefine treatment paradigms for thromboinflammatory conditions. This funding milestone not only propels Aplagon closer to its mission of addressing critical vascular challenges but also reinforces its commitment to improving patient outcomes worldwide.
February 3, 2025

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