Spruce Biosciences Secures Up to $50M Growth Capital from Avenue Capital.
ByAinvest
Thursday, Jan 8, 2026 8:08 am ET1min read
SPRB--
Spruce Biosciences secured up to $50 million in growth capital from Avenue Capital, with an initial funding of $15 million. This loan facility has a 42-month term and will support the advancement and potential launch of TA-ERT for the treatment of MPS IIIB. The funding extends Spruce's cash runway into 2027.
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