Venture Funding Deals: MedImmune Spinout Viela Lands $250m Series A

China's JW Therapeutics nets $90m for cancer cell therapy, including backing from biotechs Celgene and WuXi. Meanwhile, Foghorn sounds out a $50m A round for its gene trafficking technology applications.

Venture Funding Reg column image

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 in March 2018.

Viela Bio, a new company developing autoimmune and inflammatory disease therapeutics, raised $250m in its Series A round. Boyu Capital, 6 Dimensions Capital and Hillhouse Capital led, and were joined by Temasek and Sirona Capital

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