Dechert advised AlgoTherapeutix, a French biotech company which develops topical pain relief treatment for chemotherapy-induced peripheral neuropathy (CIPN), in its €12 million Series A fundraising.
This financing round was co-led by Bpifrance, through its InnoBio 2 fund, and by Omnes, and also involved other existing and new private investors. The funds will allow AlgoTherapeutix to take ATX01 into clinical development in chemotherapy-induced peripheral neuropathy.
The Dechert team advising AlgoTherapeutix included corporate partner Anne-Charlotte Rivière and corporate associate Louis Taslé d’Héliand.
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