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Series C brings in $150mm for gene therapy start-up Orchard Therapeutics

Executive Summary

Orchard Therapeutics Ltd. (autologous ex vivo gene therapies) brought in $150mm through an oversubscribed Series C round led by Deerfield Management, which was joined by new investors RA Capital Management, Venrock, Foresite Capital, Perceptive Advisors, Cormorant Asset Management, ArrowMark Partners, Sphera Global Healthcare, Medison Ventures, Driehaus Capital Management, Ghost Tree Capital Group, and US- based health care focused funds, along with returning backers Temasek, Baillie Gifford, RTW Investments, Cowen Healthcare Investments, and Agent Capital. Cowen served as the placement agent.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Gene Therapy, Cell Therapy
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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