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BAYN Bayer AG

28.55
0.495 (1.76%)
07 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Bayer AG TG:BAYN Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.495 1.76% 28.55 28.53 28.57 28.65 28.035 28.05 317,947 22:50:04

Bayer Leads Series B Financing in US Biotech Company

15/10/2020 12:55pm

Dow Jones News


Bayer (TG:BAYN)
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From May 2019 to May 2024

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   By Pietro Lombardi 
 

Bayer AG's impact-investment arm is leading a $17 million series B financing round in U.S. biotech company Azitra Inc.

Leaps by Bayer is investing $8 million in the clinical-stage medical dermatology biotech company, it said Thursday.

"The partnership will focus on developing cutting-edge skin products using engineered and wild-type bacteria for biotherapeutic, over-the-counter (OTC) and cosmetic applications leveraging Azitra's technology platform for both live therapeutic products (LBPs) and consumer programs," it said.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com; @pietrolombard10

 

(END) Dow Jones Newswires

October 15, 2020 07:40 ET (11:40 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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