Venture cash piling on to beat 1Q total

Biotechnology companies announced another $242.5m in venture capital funding during the week ended Friday, 25 April, keeping the second quarter on track to beat the $1.1bn that biotech firms raised during the first quarter.

Biotechnology companies announced another $242.5m in venture capital funding during the week ended Friday, 25 April, keeping the second quarter on track to beat the $1.1bn that biotech firms raised during the first quarter.

Drug developers completed $508m worth of venture funding rounds between 1 and 18 April, which means the biotech sector has...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Alimentary/Metabolic

More from Therapy Areas

AstraZeneca Launches At-Home Flu Vaccine Amid Industry DTC Push

 

The drugmaker announced the launch of an at-home version of its nasal FluMist vaccine, as more companies are looking into direct-to-patient drug sales in response to Trump’s most favored nation pricing proposals.

Zydus Looks To Ride gIbrance Exclusivity Wave; GLP-1 Battle-Ready With Differentiated Pen

 
• By 

Ibrance is losing share to other drugs, but Zydus looks forward to a late 2027/early 2028 launch of its generic in the US where partner Synthon might have 180-day exclusivity. In India, as Lilly launches Mounjaro KwikPen, it hopes for a GLP-1 edge with a differentiated device and formulation.

Schrödinger Drops CDC7 Inhibitor SGR-2921 After Two Patient Deaths

 

The drug is one of multiple candidates in the class that have been pulled from development, though it is not the company’s lead candidate.