Beam And Verve Benefit From Buzz Around Base-Editing Therapies
Excitement Around Next-Gen Gene-Editing
Companies claim their technologies provide more precise editing as they raise funds, but CRISPR companies remain in the lead.
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The company sees its gene-editing technology, which it compares to a DNA “word processor,” as having potentially broad applicability.
Public Company Edition: Among other recent large financings, BridgeBio Pharma launched a $650m note sale, CureVac closed a $517.5m follow-on offering and Revolution Medicines raised $260.9m.
Private Company Edition: The venture capital firm said it will back biopharma, diagnostics and other opportunities in health care. In addition to the Design and TScan mega-rounds, Verve raised $94m, Vera garnered $80m and Ixaka (formerly Rexgenero) closed a £40m ($54.7m) financing.