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4:25 PM, Jul 06, 2018  |  BC Extra | Financial News

Biotech stocks rise after positive AD data

Biotech indexes gained Friday after Biogen Inc. (NASDAQ:BIIB) and Eisai Co. Ltd. (Tokyo:4523) reported 18-month data for BAN2401 to treat Alzheimer's disease. Biogen gained $58.67 (20%) to $357.48, adding about $12.3 billion in market cap,...
3:25 AM, Jul 06, 2018  |  BC Extra | Financial News

French Orphan company Dynacure raises €47M

Dynacure S.A.S. (Illkirch, France) raised €47 million ($54.7 million) in a venture round led by Andera Partners. Founding investor Kurma Partners S.A. also participated, as did existing investor Bpifrance and new investors Pontifax and IdInvest...
12:55 PM, Jul 05, 2018  |  BC Extra | Financial News

Nextbiotix raises €7M series A for microbiome-based therapy

Microbiome company Nextbiotix S.A.S. (Dijon, France) raised €7 million ($8.1 million) in a series A round led by Auriga Partners. Sofimac Innovation, Cap Innov'Est, INRA and Biocodex also participated. Nextbiotix plans to advance lead candidate NBX1650...
3:10 PM, Jul 03, 2018  |  BC Extra | Financial News

Stealth, AOBiome propose Hong Kong offerings

Stealth BioTherapeutics Corp. (Newton, Mass.) and AOBiome Therapeutics Inc. (Cambridge, Mass.) each proposed on Tuesday to list on Hong Kong Exchanges and Clearing Ltd. (HKEX). Stealth’s lead candidate is elamipretide, a mitochondrial-targeting tetrapeptide that binds and...
11:09 AM, Jul 03, 2018  |  BC Extra | Financial News

Sinovac terminates take-private deal, raises $86.7M

Vaccines company Sinovac Biotech Ltd. (NASDAQ:SVA) said it raised $86.7 million in a private placement and terminated a planned deal to take the company private. A special committee formed by the company's board determined that it...
10:07 AM, Jul 03, 2018  |  BC Extra | Financial News

Frazier names Caine executive partner

Frazier Healthcare Partners hired Andy Caine as an executive partner on its growth buyout team. He was a partner at Green Peak Partners. Since closing a $780 million growth buyout fund in April, Frazier has also...
2:00 PM, Jul 02, 2018  |  BC Extra | Financial News

WuXi AppTec to seek Hong Kong listing

WuXi AppTec Co. Ltd. (Shanghai:603259) announced in a filing Monday that its board has approved plans to list on the main board of the Hong Kong stock exchange. The company, which filed the document on...
4:14 PM, Jun 29, 2018  |  BC Extra | Financial News

I-Mab continues trend of large Chinese-led venture rounds

I-Mab Biopharma (Shanghai, China) raised $220 million Friday in a series C round led by Hony Capital, making it at least the fourth $200 million-plus VC round led by Chinese investors in the past two...
2:19 PM, Jun 28, 2018  |  BC Extra | Financial News

C-Bridge leads Nuance's series B

Nuance Biotech (Shanghai) Co. Ltd. (Shanghai, China) raised $20 million in a series B round led by C-Bridge Capital. Nuance is eligible to receive an additional $15 million from C-Bridge for acquiring new products. Nuance has...
2:16 PM, Jun 28, 2018  |  BC Extra | Financial News

Innovent, MicuRx seeking Hong Kong IPOs

Immuno-oncology company Innovent Biologics Inc. (Suzhou, China) and anti-infectives company MicuRx Pharmaceuticals Inc. (Hayward, Calif.) each filed Thursday to list on the Hong Kong stock exchange. Innovent's filing is underwritten by Morgan Stanley, Goldman Sachs, J.P....

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