Morphic Raises $51.5M to Develop Next-Generation Integrin Therapies for IBD, Other Diseases

Morphic Raises $51.5M to Develop Next-Generation Integrin Therapies for IBD, Other Diseases
Morphic Therapeutic announced that it has raised $51.5 million through Series A financing to advance products and bring them into clinical testing. The Massachusetts-based company specializes in oral integrins. SR One and Pfizer Venture Investments led the round, with participation from other investors that included Omega Funds and AbbVie Ventures. The company was founded in 2015 on work from the lab of Tim Springer, a professor at Harvard Medical School and Boston Children’s Hospital, who initially discovered integrins in the 1980s — spawning the first generation of integrins. Currently there are six injectable integrin treatments approved for inflammatory bowel diseases (IBD), such as Crohn’s disease and ulcerative colitis, a
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