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Convergence spins out of GSK, gets $35.4mm in Series A round

Executive Summary

New Leaf Ventures, Apposite Capital, and SV Life Sciences have equally invested in newly launched UK biotech Convergence Pharmaceuticals Ltd.'s $35.4mm Series A financing. Each of the backers is contributing a board member.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Spin-Off
    • Venture Financing

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