1. Scrip

Merus raises €31m as J&J third corporate VC to invest

 
• By Sukaina Virji

Merus of the Netherlands has added to its series B round with a further €31m, bringing the total round to €47.6m. Johnson & Johnson Development Corporation (JJDC) joined as a new investor, and existing investors Novartis Venture Fund, Pfizer Venture Investments, Bay City Capital, LSP (Life Sciences Partners) and Aglaia Oncology Fund also participated.

Merus of the Netherlands has added to its series B round with a further €31m, bringing the total round to €47.6m. Johnson & Johnson Development Corporation (JJDC) joined as a new investor, and existing investors Novartis Venture Fund, Pfizer Venture Investments, Bay City Capital, LSP (Life Sciences Partners) and Aglaia Oncology Fund also participated.

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