2Q PREVIEW: Obesity, orphan drug sales; M&A updates
This article was originally published in Scrip
Second quarter earnings reports will be the first-ever opportunity for some companies to report drug sales data or quarter-to-quarter revenue increases, including some high-profile obesity therapies and newly approved treatments for orphan diseases.
You may also be interested in...
Managing partner Corey Goodman said venBio didn’t have trouble closing its fund, because the venture capital firm prepared its investors for an economic downturn months ago.
Flagship Pioneering raised $1.1bn to fund life science companies emerging from Flagship Labs. ARCH, another frequent start-up co-founder, raised two funds totaling $1.46bn to back early-stage biotech.
Aspen Neuroscience, Pandion and iTeos raised $70m, $80m and $125m, respectively. Also, Glide Healthcare closed a €416m ($450m) fund; ElevateBio, Kallyope and SutroVax reveal VC mega-rounds; and Dragonfly adds new funding to its partnering proceeds.