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Finance Watch: VC Mega-Rounds Surge Again, Led By Acelyrin’s $300m Series C

Clinical-Stage Firms Remain Private In Tough Stock Market

Executive Summary

Private Company Edition: Acelyrin will use its latest funding for Phase III development of izokibep in inflammatory diseases. Also, ArsenalBio raised $220m to take its programmable cell therapies into the clinic and RayzeBio’s $160m series D round will fund clinical trials for its radiopharmaceuticals. 

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