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Series B brings in $37.5mm for Applied Genetic Technologies

Executive Summary

Applied Genetic Technologies Corp. (gene therapies for retinal diseases) has raised $37.5mm through its Series B venture round. Alta Partners and SR One led the financing and was joined by new investor Osage University Partners and current shareholders InterWest, Intersouth Partners, and MedImmune Ventures. The company will use the money to continue developing a Phase II alpha-1 antitrypsin deficiency therapy and to start working on treatments for achromatopsia and x-linked rentinoschisis.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
    • Gene Therapy, Cell Therapy
  • Pharmaceuticals
    • Drug Delivery
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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