1. Scrip
  2. >>Archive

CRISPR Therapeutics raises $64m 'validating' uncertain patent position

 
• By Sukaina Virji

CRISPR Therapeutics, which is focused on developing drugs using CRISPR-Cas9 gene-editing technology, has added additional funds to its series A and series B rounds, which now total $89m. The "heavily oversubscribed" financings were led by GSK's venture arm SR One and Celgene, respectively, and included new investors New Enterprise Associates and Abingworth, along with founding investor Versant Ventures. The fresh cash includes $35m of new series A and $29m of new series B funds.

CRISPR Therapeutics, which is focused on developing drugs using CRISPR-Cas9 gene-editing technology, has added additional funds to its series A and series B rounds, which now total $89m. The "heavily oversubscribed" financings were led by GSK's venture arm SR One and Celgene, respectively, and included new investors New Enterprise Associates and Abingworth, along with founding investor Versant Ventures. The fresh cash includes $35m of new series A and $29m of new series B funds.

"We are a very attractive employer in this field, and we'll be making good use of that over the next six-to-nine months to assemble a strong R&D team in Cambridge...

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
Start Free Trial

Already a subscriber?

More from Archive

Final Chance To Have Your Say: Take Scrip's Reader Survey This Week

 
• By Eleanor Malone

Editor’s note: This is your final call to participate in the survey to better understand our subscribers’ content and delivery needs. The deadline is 20 September.

Shape Our Content: Take The Reader Survey

 
• By Eleanor Malone

Editor’s note: We are conducting a survey to better understand our subscribers’ content and delivery needs. If there are any changes you’d like to see in the coverage topics, content format or the method in which you receive and access Scrip, or if you love it how it is, now is the time to have your voice heard.

Galapagos Expands Point-Of-Care CAR-T Study To The US

 
• By Andrew McConaghie

CEO Paul Stoffels said gaining US clearance for an IND for its novel CAR-T product was demanding, but now opens up a pathway towards a pivotal study starting in 2025.

Analysts Split On Eisai’s Chances Of Changing EU Regulator’s Mind On Leqembi

 
• By Andrew McConaghie

A final rejection of Leqembi could also spell the same fate for Lilly’s rival drug but public outcry and demand for Alzheimer’s therapies might force the regulator’s hand

More from Scrip

Merus Raises $300m After ASCO Success

 
• By Andrew McConaghie

The company is raising the money to fuel development of its head and neck cancer candidate, petosemtamab, on the back of promising early data. Some analysts are stopping short of declaring it the winner against a rival product from Bicara, however.

Bayer Boosted By Third FDA Approval For Nubeqa

 
• By Kevin Grogan

US green light will further expand sales of the prostate cancer blockbuster.

Degron Eyes Deals For Novel Molecular Glue Degrader Assets

 
• By Dexter Jie Yan

Pursuing first-in-class molecular glue degraders using undruggable targets could eventually help Degron Therapeutics land sizable asset-based deals, CEO Lily Zou tells Scrip.