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Artios Pharma Hooks Novartis & Pfizer In Over-Subscribed £65M Series B Round

 
• By Mike Ward

With DNA damage repair pathways attracting a lot of attention as potential targets against various cancers, three-year old Artios Pharma has raised £65 million in an over-subscribed Series B round to fund the clinical development of its pipeline through to 2023.

US dollars

Artios Pharma Ltd., the Cambridge, UK-based biotech focusing on the DNA damage response (DDR) to develop first-in-class cancer treatments, has raised £65 million ($83 million) in a series B round led by Andera Partners (formerly EdRIP) and LSP (Life Science Partners) alongside new investors Novartis Venture Fund and Pfizer Ventures and existing shareholders Arix Bioscience, SV Health Investors, M Ventures, IP Group and Abbvie Ventures.

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