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Ophthotech Raises $36 million, In-licenses Aptamers

 
• By Chris Morrison

Three venture capital firms funded the ophthalmology start-up with a $36 million Series A that will pay for the acquisition of two IND-stage drug candidates: the similarity to another start-up, Lux Biosciences, is startling. Can the founders of Eyetech take the Lux model and build another success for SVLS, HBM Bioventures, and Novo AS?

Success in the biopharmaceutical start-up world is bound to be imitated. But it isn’t often that the imitation is a carbon copy of the original, as is seemingly the case with SV Life Sciences, HBM BioVentures and Novo AS’ new venture Ophthotech Corp.

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