Burges Salmon advises Edinburgh biotech firm on £9m funding

Burges Salmon advises Edinburgh biotech firm on £9m funding

Katie Carter

Burges Salmon has advised cancer therapeutics company Cumulus Oncology Limited on the £9 million funding package it secured from the Scottish National Investment Bank and Eos Advisory.

An Edinburgh-based team from Burges Salmon’s corporate and M&A team advised Cumulus Oncology, led by senior associate Katie Carter, partner Danny Lee, associate Victoria MacAulay and solicitor Scott Patterson.

Ms Carter said: “Cumulus Oncology is a fantastic company that drives scientific innovation and de-risks science. We’ve been working with Cumulus Oncology since 2020 and it has been a pleasure to advise the team on this significant financing which supports the development of cancer research and shines a light on Scotland’s flourishing biotech capabilities.”

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