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Two UB researchers receive investments from Empire Discovery Institute

University at Buffalo Teams will seek to develop treatment options that could benefit patients with multiple sclerosis, hemophilia and more BUFFALO, N.Y. Two University at Buffalo drug development and discovery projects have received investments from the Empire Discovery Institute. One project focuses on an immunotherapy platform developed by UB pharmacy researcher Sathy Balu-Iyer and his team that could benefit patients who are receiving gene therapy for a variety of diseases. The other will seek to design a therapy for multiple sclerosis (MS) that leverages a novel drug target discovered by a team led by UB medical researcher M. Laura Feltri.

Big Money for Gene Editing, Engineering, Structure-Based Drug Design, and Data Management

April 29, 2021 April 29, 2021 | Illumina joins the Gates Foundation in a global pathogen genomics initiative, new money for immune profiling, and Benchling nets $200M for their cloud platform.   $375M: Fund for Growth-Stage Medtech, Digital Health  Endeavour Vision has closed Endeavour Medtech Growth II (EMG II) LP at USD 375 million in capital commitments. The fund will pursue the same strategy as its predecessor: to support growth-stage medtech and digital health innovations that advance the standard of care and bring efficiencies to healthcare systems. Both new and returning investors supported EMG II LP, including public pension funds, multi-manager funds, family offices, and high-net-worth individuals. EMG II LP builds on Endeavour Vision’s two decades of healthcare investing, which to date has included over USD 500 million invested in 42 companies 21 of which have exited via an acquisition or IPO. The fund has already supported seven companies with investm

Pharma firm GH Research raises $125m to advance trials

Pharma firm GH Research raises $125m to advance trials Image: © Gorodenkoff/Stock.adobe.com The Dublin-based biopharmaceutical company will be moving its main product for treating neurological disorders onto further clinical trials. Biopharmaceutical firm GH Research has raised $125m in a Series B round to push further into trials of its drug for treating depression. The round was led by Boston firm RA Capital, which specialises in health and life sciences, and RTW Investments, another US health-focused investor. There was also participation from BVF Partners and several other investment firms. GH Research, founded in 2018 in Dublin, is developing a drug called GH001 for treating depression and other psychiatric and neurological conditions. It said its drug has the potential to lead to “rapid and durable remissions in depression”.

GH Research Announces Closing of $125 Million Oversubscribed Series B Financing

GH Research Announces Closing of $125 Million Oversubscribed Series B Financing Co-lead investors RA Capital and RTW Investments, LP invest alongside existing investor BVF Partners and other new investors in Series B financing Use of proceeds to support further clinical development of GH001 (5-MeO-DMT) in Treatment-Resistant Depression (TRD) and to advance GH001 into further clinical development in additional psychiatric and neurological disorders News provided by Share this article Share this article DUBLIN, April 12, 2021 /PRNewswire/ GH Research Ireland Ltd ( GH Research , the Company or We ) today announced the closing of a $125 million Series B financing co-led by RA Capital and RTW Investments, LP, U.S.-based biopharmaceutical investment firms, alongside existing investor BVF Partners. Other new investors in the Series B round included Acuta Capital Partners, Boxer Capital, Cormorant Asset Management, Deerfield Management Company, Logos Capital, Surveyor Capital (a C

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