Biotech News
Spero Therapeutics Announces $105 Million Non-Recourse Non-Dilutive Financing Backed by a Portion of Utebzi Milestones & Royalties
Financing supports Phase 2 development of SP001, Spero's first immunology drug candidate, in-licensed from Innovent Biologics
Transaction unlocks immediate value from future Utebzi (tebipenem pivoxil) milestones and royalties, and positions Spero to participate in potential long-term commercial upside
Spero updates its...
