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Latest Headlines

Latest Headlines

RuiYi banks $15M from A-list backers to amp up Chinese R&D

As more and more drugmakers set sights on China through partnerships and acquisitions, Sino-American biotech RuiYi is taking a more direct approach, raising $15 million in venture cash to develop novel drugs in the country, for the country.

5AM Ventures has $250M and an eye out for early-stage biotechs

Menlo Park, CA's 5AM Ventures has pieced together a fourth fund, roping in $250 million with its eye on a new generation of promising drug developers.

5AM Ventures plots $240M fund as biotech investments crater

Biotech bankroller 5AM Ventures has its sights set on a $240 million fund, putting together its fourth war chest as industry venture deals continue their middling pace.

UPDATED: Yale biotech spinout launches with $18M and a new approach to cancer

Canaan Partners and 5AM Ventures are launching a new Yale spinout focused on a new approach to shutting down proteins.

Gene therapy startup snags $30M A round

The San Francisco-based gene therapy startup Audentes Therapeutics has rounded up an impressive $30 million A round. OrbiMed Advisors led the round with 5AM Ventures and Versant Ventures joining in.

Pearl lands $65M round to fuel PhIII COPD showdown with Novartis, GSK

Pearl Therapeutics has grabbed a hefty $65 million venture round, enough to bankroll the launch of a key late-stage COPD drug program that--one way or another--will prove transformational for the biotech.

Startup biotech hauls in $23M A round for antiviral work

5AM Ventures and Canaan Partners have joined forces to lead a $23 million A round for a startup antiviral biotech based in Radnor, PA. Novira Therapeutics is developing capsid-targeting antivirals for hepatitis B and HIV.

Biotech startup Atterocor grabs $16M A round for cancer compound

Newly hatched Atterocor has gained the wherewithal to push ahead with a lead drug for adrenal cancer. The Ann Arbor, MI-based biotech snapped up $16 million from Frazier Healthcare and early-stage specialist 5AM Ventures, the company announced this morning.

5AM Solutions gets $1.2M contract for tissue bank

Reston, VA-based 5AM Solutions has landed a $1.2 million contract with the Arizona Biomedical Research Commission to develop a centralized, virtual tissue bank called caTissue Suite. Available free...