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1:39 PM, Jan 23, 2018  |  BC Extra | Financial News

Exon skipping newco Skyhawk launches with $8M

RNA exon skipping drug company Skyhawk Therapeutics Inc. (Waltham, Mass.) debuted Tuesday with $8 million in a seed financing led by Alexandria Venture Investments, family investors Tim Disney and the Duke of Bedford, and other...
4:21 PM, Jan 22, 2018  |  BC Extra | Financial News

Biotech indexes gain on deals

Two multibillion dollar deals announced Monday pushed indexes up, with the smaller caps outpacing the big ones. The SPDR S&P Biotech ETF (XBI) was up 5.5%, while the NASDAQ Biotechnology Index (NBI) gained 3.2%. After Celgene...
4:08 PM, Jan 22, 2018  |  BC Extra | Financial News

CDH leads Harbour BioMed round

Harbour BioMed (Shanghai, China) raised an undisclosed series A+ round led by new investor CDH Investments. Existing investor Advantech Capital participated. This month, Harbour granted BeiGene Ltd. (NASDAQ:BGNE) and ImmunoChina Pharmaceuticals Co. Ltd. rights to its...
1:49 PM, Jan 22, 2018  |  BC Extra | Financial News

Eureka raises $60M series D

Cancer company Eureka Therapeutics Inc. (Emeryville, Calif.) raised $60 million in a series D round led by existing investor Acorn Pacific Ventures. New investor GP Capital also participated, as did all existing major investors. This quarter,...
11:11 AM, Jan 19, 2018  |  BC Extra | Financial News

Agios raises $475M in follow-on

Agios Pharmaceuticals Inc. (NASDAQ:AGIO) raised $475 million late Thursday through the sale of 7.1 million shares at $67 in a follow-on underwritten by J.P. Morgan, Goldman Sachs, Cowen, RBC Capital Markets and SunTrust Robinson Humphrey....
12:39 PM, Jan 18, 2018  |  BC Extra | Financial News

Swedish IPO scene stays hot

A recent report by VC firm Industrifonden showed that Scandinavian IPO activity continued its torrid pace in 2017, with Stockholm remaining one of the hottest destinations for new listings in all of Europe. The confluence of...
11:58 AM, Jan 18, 2018  |  BC Extra | Financial News

BeiGene raises $750M follow-on in busy month

BeiGene Ltd. (NASDAQ:BGNE) climbed $12.93 (13%) to $115.56 on Thursday after it raised $750 million through the sale of 7.4 million ADSs at $101 in a follow-on underwritten by Goldman Sachs, Morgan Stanley, Cowen, Leerink...
4:03 AM, Jan 18, 2018  |  BC Extra | Financial News

Pandion raises $58M series A

Pandion Therapeutics Inc. (Cambridge, Mass.) raised $58 million in a tranched series A round co-led by existing investor Polaris Partners and new investors Versant Ventures and Roche Venture Fund. BioInnovation Capital and SR One, also...
2:01 PM, Jan 17, 2018  |  BC Extra | Financial News

SV Health announces promotions

VC and growth equity firm SV Health Investors LLP (Boston, Mass.) promoted Denise Marks to chief administrative partner from CFO and Brent Faduski to CFO from controller....
11:30 AM, Jan 17, 2018  |  BC Extra | Financial News

AveXis raises $400M in follow-on

AveXis Inc. (NASDAQ:AVXS) raised $400 million late Tuesday through the sale of 3.9 million shares at $102 in a follow-on underwritten by Goldman Sachs, Jefferies, BofA Merrill Lynch and BMO Capital Markets. The price is...

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