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NightstaRx closes $45mm Series C round

Executive Summary

NightstaRx Ltd. (gene therapies for inherited retinal diseases) raised $45mm in its Series C financing to first-time backers Wellington Management Company and Redmile Group, which were joined by returning shareholders Syncona and New Enterprise Associates. The company will use the funds for pipeline development, including a Phase III trial of lead compound NSRREP1 for choroideremia, a Phase I/II study of NSRRPGR for X-linked retinitis pigmentosa, and a Phase I/II trial of a candidate for an inherited form of macular dystrophy.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
      • Macromolecule
  • Biotechnology
    • Gene Therapy, Cell Therapy
    • Large Molecule
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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