Axcentua closes double-digit million (SEK) Series-A Financing Round

Axcentua Pharmaceuticals AB closed its series-A financing round led by the entrepreneur William Gunnarsson, the former CEO and co-founder of Orphan Europe that now is part of the Recordati Group (Ticker REC). The financing will enable Axcentua to advance its multi-targeted lead small molecule AXP107-11 into clinical trials. The compound is intended for use as a combination therapy of different difficult-to-treat tumors such as pancreatic, liver, lung and prostate cancer. By applying the company’s unique crystal re-engineering strategy, AXP107-11 has been developed in less than 2 years to a