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Asia Deal Watch: Heartseed Licenses Lead Cell Therapy Candidate To Novo Nordisk

Executive Summary

Novo gets worldwide development and commercial rights except for Heartseed’s home market in Japan. LianBio unveils licensing partnerships with Lyra, Landos and Nanobiotix.

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Public Company Edition: Prime Medicine raised $175m, making its offering the sixth-largest out of 19 biopharma IPOs in the US this year. Also, Oculis and AUM opted to go public via SPAC mergers, Insmed raised $775m from multiple financings and Dice capitalized on positive data with a $300m offering.

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Finance Watch: 2021 Biopharma VC Funding Tops Full-Year 2020 Total

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