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HBMAT, a Harbour Biomed JV, Closes Seed Round for Novel Endocrine Therapies

publication date: Jan 27, 2023

HBM Alpha Therapeutics (HBMAT), a novel endocrine disease biotech incubated by Harbour BioMed  of the US and China, completed a seed financing to advance its two leading candidates. The company is developing novel antibody therapies for congenital adrenal hyperplasia and polycystic ovary syndrome, with the lead candidate currently in IND-enabling stage. HBMAT, headquartered in Cambridge, MA is a JV formed by HBM and Boston Children's Hospital, an affiliate of Harvard Medical School, which owned the original rights to the two candidates. The financing will be used to advance the molecules into clinical trials. More details....

Stock Symbol: (HK: 02142)

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