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Pinnacle Medicines Raises $89M Series B

TL;DR AI

Key summary

2 min read
  1. Pinnacle Medicines closed an oversubscribed $89 million Series B financing.

  2. The round was co-led by LAV and Foresite Capital with participation from several venture firms including OrbiMed.

  3. The company develops oral peptide therapeutics using AI and physics-based molecular simulation and is advancing programs for immunology and cardiometabolic targets.

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