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Venture Funding Deals: Stem Cell Venture BlueRock Launches With Major Funding

 
• By Deanna Kamienski, Beth Allan, Maureen Riordan, and Steven Muntner

With backing from Bayer and others, the US-based venture will develop iPSC therapies for cardiovascular and neurodegenerative diseases; other notable new financings involve Cerevance, Goldfinch Bio, NeuroPharma and Tenaya. Derived from Strategic Transactions, Informa’s premium source for tracking life sciences deal activity, the Venture Funding Deals column provides a comprehensive monthly review of emerging biopharmaceutical companies that have received venture funding. This month’s column covers deals announced November through December 2016.

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AnaBios Corp. (focused on pain and cardiovascular and neurodegenerative diseases) closed a $10m Series B round, which included a $4.2m investment from Italian VC firm Principia SGR. The company will use the proceeds to expand contract research operations and advance drug programs, which incorporate its Phase X ex vivo preclinical discovery technology.

The PhaseX platform generates human cell and tissue data to enable more reliable and better quality samples for improved lead optimization and candidate selection. AnaBios currently has five preclinical candidates in pain, including Nav1

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A Short History Of MASH Deals, Culminating In GSK/Boston Pharma

 
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Both high-profile failures and small investments that are yielding success so far characterize the dealmaking in MASH over the past 15 years or so.

BioMarin’s $270m Inozyme Buy Fits Right Into Enzyme Therapy Business

 
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Will Other Major MASH Deals Follow GSK/Boston Pharma?

 
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GSK’s $1.2bn payout for Boston Pharma’s efimosfermin is the first billion-dollar-plus MASH deal in nearly nine years, but several other advanced MASH programs could be positioned for takeout.

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First Blood-Based Test Cleared For Alzheimer’s Boosts Anti-Amyloid Drugs

 
• By Mandy Jackson

The US FDA approval of Fujirebio’s Lumipulse should boost access to medicines like Eisai’s Leqembi and Lilly’s Kisunla; the firms are praising patients’ access to earlier diagnoses.

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How Much Does Biopharma Contribute To The US Economy?

 
• By Jessica Merrill

A new IQVIA report highlights how the sector benefits the US through metrics like the economy, employment and health.