Back to School: How biopharma can reboot drug development. Access exclusive analysis here

Ebb & Flow Focus

Symphony Capital is taking a new tack on the SWORD financing model. Rather than forming a new public entity - a stock warrant off-balance sheet research and development company - to develop compounds from a pharma or biotech company, Symphony is keeping it private.

The firm last week announced its first such venture: Symphony Neuro Development Co., which raised $43 million and in-licensed the neuroimmunophilin ligand GPI 1485

Read the full 680 word article

Trial Subscription

Get a two-week free trial subscription to BioCentury

SIGN UP

Article Purchase

This article may not be distributed to non-subscribers
More Info >PURCHASE