Press Release

COUR Pharmaceuticals Secures $105 Million Series A

January 30, 2024

Chicago – January 30, 2024 – Cooley advised COUR Pharmaceuticals, a clinical-stage biotechnology company focused on the development of first-in-class disease-modifying therapies designed to induce antigen-specific tolerance for immune-mediated diseases, on the close of its $105 million Series A financing, bringing its total raised to date to $130 million. Lawyers Winston Gu, Marc Recht, Christina Roupas, Yvan-Claude Pierre, Joyce Kim, Grant Page and Andrew Mettry led the Cooley team advising COUR.

The financing was co-led by Lumira Ventures and Alpha Wave Ventures, with participation from Roche Venture Fund, Pfizer (as part of the Pfizer Breakthrough Growth Initiative), Bristol Myers Squibb, Angelini Ventures and the JDRF T1D Fund. The proceeds will enable COUR to advance multiple wholly owned product candidates that leverage its immune tolerance platform, including phase 2a proof-of-concept clinical studies in myasthenia gravis and Type 1 diabetes, along with other pipeline opportunities.

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