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Start-ups

Belgian biotech firm Confo Therapeutics raises $65 million

by Rowan Walrath
August 5, 2024 | A version of this story appeared in Volume 102, Issue 24
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Confo Therapeutics, a Belgian firm developing small molecules and antibodies that target G protein–coupled receptors, aims to start testing its drug candidates in humans with the help of $65 million in series B financing. The company plans to bring two medicines through Phase 1 clinical trials and get two more ready for the clinic, including molecules that target the receptor GPR75 for weight loss. Confo has previously partnered with Eli Lilly & Co. and Daiichi Sankyo.

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