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Oyster Therapeutics raised $60 million

Oyster Therapeutics, a London-based startup, secured $60 million in an extended Series A round to fund the development of protein degraders designed to eliminate tau protein aggregates in Alzheimer's patients.

Field
industry news
What they did
London biotech startup Oyster Therapeutics raised $60 million in a Series A funding extension to develop drugs that break up tau protein clumps.
Why it matters
Current treatments targeting amyloid proteins only modestly improve cognition and do not stop or reverse Alzheimer's disease, leaving room for better complementary medicines.
#tau protein#alzheimer's#protein degraders#oyster therapeutics#series a

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