Microbiome Drug Developer Raises $50m For First-In-Human Studies
PureTech Health business Vedanta Biosciences Inc. – a company developing a new class of therapies designed to modulate the human microbiome – has raised $50m through new equity investments to advance several of its programs into the clinic.
You may also be interested in...
Events are moving fast in the microbiome field. The sector is expecting results from numerous initial clinical studies during 2018, from across a spectrum of approaches and mechanisms of action, which could lead to new rounds of financings and M&A activity.
During a month when only two biotechnology companies have gone public, private drug developers continue to raise hundreds of millions of dollars in venture capital.
A rush in the 2010s of high-tech and digital companies focused on women’s health and wellbeing are maturing, adding weight to the more traditional women's health market that has struggled to get attention from investors in the past.