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Ribon Therapeutics Raises $65M in Funding

Ribon Therapeutics, a Cambridge, Mass.-based clinical stage biotechnology company developing therapeutics targeting stress support pathways in cancer and inflammation, closed a $65m financing. The round was led by Deerfield Management and U.S. Venture Partners, with support from new investors Avego BioScience Capital, GV (formerly Google Ventures), Monashee Investment Management and Peregrine Ventures, along with existing investors AbbVie Ventures, Bristol Myers Squibb, Euclidean Capital, John...
United Kingdom Osage University Partners Bristol Myers Squibb Novartis Venture Fund Column Group Jjdc Inc

Follow the Money: AI-Powered Drug Discovery, Remote Access Labs

July 1, 2021 July 1, 2021 | Insilico Medicine closes a Series C for AI-powered drug discovery, while other investments fuel remote access labs, natural products, high throughput screening, and more. $550M: VC Fund for Therapeutics for Unmet Needs venBio has announced the closing of venBio Global Strategic Fund IV, LP (โ€œvenBio Fund IVโ€), its fourth life sciences venture capital fund, exceeding its target and closing on approximately $550 million in capital commitments in an over...
North Pond United States Black Diamond Vastra Gotalands Lan Rock Springs San Diego

Circle Pharma Raises $66M in Series C Financing

Circle Pharma Raises $66M in Series C Financing Circle Pharma, Inc., a South San Francisco, Calif.-based macrocycle drug discovery and development company focused on intractable cancer targets, raised $66m in Series C financing. The round was co-led by The Column Group and Nextech Invest with participation from Pandect Bioventures, together with new investors including Euclidean Capital, Pavillion Capital, Hartford HealthCare Endowment and Eli Lilly and Company. The company intends to use the f...
Davidj Earp Eli Lilly Circle Pharma Inc Column Group Circle Pharma South San Francisco

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Appia Bio Launches With $52 Million Series A Financing and Establishes Scientific Advisory Board

Appia Bio Launches With $52 Million Series A Financing and Establishes Scientific Advisory Board Proceeds will be used to progress stem cell derived CAR-engineered invariant natural killer T cells (CAR-iNKT) to the clinic in hematological and solid tumor indications News provided by Share this article Share this article LOS ANGELES, May 11, 2021 /PRNewswire/ -- Appia Bio, Inc., an early stage biotechnology company developing engineered allogeneic cell therapies from hematopoietic stem cells (HS...
University Of Southern California United States Los Angeles Lili Yang Edmund Kim Lyell Immunopharma

Eikon Therapeutics closes $148M financing to develop super-resolution microscopy

Eikon Therapeutics closes $148M financing to develop super-resolution microscopy 06ย Mayย 2021 California-based firm to integrate advanced optics, machine learning with biochemistry; its target application is drug discovery. Eikon focuses on live-cell super-resolution microscopy for drug discovery.Eikon Therapeutics, a Hayward, California-based company focused on live-cell super-resolution microscopy and engineering for drug discovery, has this week announced that it has closed a $148 million S...
United States Robert Tjian Eric Betzig Luke Lavis Russ Berman Roger Perlmutter
Source: optics.org

Stealthy Eikon unveils $148M in funding and ex-Merck exec Perlmutter at helm

Stealthy Eikon unveils $148M in funding and ex-Merck exec Perlmutter at helm Eikon Therapeutics joins a growing number of startups researching how proteins move in cells as a basis for drug discovery. Roger Perlmutter joins Eikon as its CEO just four months after he retired as Merckโ€™s top research executive. Shares0 ย  Eikon Therapeutics, a new biotech startup that uses advanced techniques for visualizing proteins and combines that capability with computational approaches to drug screening ,...
United States Roger Perlmutter Eric Betzig Xavier Darzacq University Of California Merck Research Laboratories

Investegate |RTW Venture Fund Ltd Announcements | RTW Venture Fund Ltd: New Investment in Tenaya Therapeutics

RTW Leads $106 Million Financing Round in Tenaya Therapeutics RTW Venture Fund Limited (the "Company"), the London Stock Exchange-listed investment company focused on identifying transformative assets with high growth potential across the life sciences sector,ย is pleased to note the announcement by Tenaya Therapeutics, Inc. ("Tenaya") on 01 March 2021 of its completion of a $106 million Series C financing round led by RTW Investments, LP (the "Investment Manager"). The Company, alongside other...
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