Go to deals
Healthcare

Synairgen completes a successful equity placing to fund the company’s trial for COVID-19 patients

Synairgen plc has raised US$17.6 million to fund the company’s trial for COVID-19 patients.

Synairgen is a drug discovery and development company founded by University of Southampton Professors Stephen Holgate, Donna Davies and Ratko Djukanovic. The business, focused primarily on severe asthma and COPD, uses its differentiating human biology BioBank platform and world-renowned international academic Key Opinion Leader network to discover and develop novel therapies for respiratory disease. Leveraging its scientific and clinical facilities at Southampton General Hospital, the company uses in vitro and ex vivo models to progress opportunities into clinical development. The biobank of human samples is used in these models to increase confidence in the likelihood of successful drug development.

Oaklins Cavendish’s sister firm finnCap, based in the UK, advised Synairgen on its oversubscribed equity fundraising to fund the company’s trial of SNG001 (inhaled formulation of interferon-beta-1a) in COVID-19 patients, manufacture of the drug and to strengthen the company’s balance sheet.

Service
Funding, debt advisory & ECM
Parties

Talk to the deal team

 Geoff  Nash

Geoff Nash

Partner
London, United Kingdom
Oaklins Cavendish

Related deals

DierenDokters has been acquired by VetPartners
Consumer & Retail | Healthcare | Private Equity

DierenDokters has been acquired by VetPartners

DierenDokters, a leading group of fourteen veterinary clinics located across the Netherlands, has been acquired by VetPartners, a UK-based group of over 650 veterinary clinics and hospitals located across Europe. By partnering with VetPartners, DierenDokters welcomes a strong new shareholder that will help further enhance DierenDokters’ clinics’ service offering and allow the clinics to continue focusing on providing the best possible animal healthcare services.

Learn more
Connexicon Medical has been acquired by Advanced Medical Solutions PLC
Healthcare

Connexicon Medical has been acquired by Advanced Medical Solutions PLC

Connexicon Medical Ltd has been sold to Advanced Medical Solutions PLC.

Learn more
Therapy Equipment has been acquired by ESAB Corporation
Healthcare | Private Equity

Therapy Equipment has been acquired by ESAB Corporation

Owner Venture Managers has sold Therapy Equipment Ltd. to ESAB Corporation.

Learn more