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Worg Pharma Completes $57 Million Series B for Novel Allergy and Autoimmune Therapies

publication date: Sep 14, 2022

Shanghai Worg Pharma completed a $57 million Series B financing to advance clinical trials of its lead products and build its leadership team. Worg has two innovative technology platforms, both acquired from other companies, that have developed clinical-stage products: PCFiT for allergy vaccines and Apitope (antigen processing independent epitopes) that directly target the immunological basis of autoimmune diseases. In 2020, Worg closed a deal with Biomay, an Austrian company, for its PCFiT platform and its five allergy candidates. One year ago, Worg bought Apitope and its four immunotherapy candidates for autoimmune diseases. More details....

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