Exosome Pioneer Evox's Series B Gives It Needed Financial Runway, CEO Says

Privately held Evox Therapeutics raised £35.5m ($45.4m) of new capital in a series B financing round, adding to the £10m injected by a series A seed financing a year ago.

Exosome
Evox is developing exosomes to deliver drugs to currently inaccessible areas • Source: Shutterstock

Flush with fresh funds from a series B financing, two-year old exosome specialist Evox Therapeutics will now progress its lead preclinical program into man and seek more collaborations with big pharma to augment the two it already has, the Oxford-based biotech's CEO told Scrip.

Keeping to its business strategy outlined to Scrip in January, Evox raised £35.5m ($45

More from Financing

More from Business

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

 
• By 

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

 
• By 

BioMarin’s chief business officer James Sabry told Scrip that Inozyme’s enzyme replacement therapy INZ-701 aligns with the company’s existing portfolio and its areas of dealmaking focus.

Regeneron Wins PCSK9 Court Battle Against Amgen

 

A federal court jury found Amgen liable for violating antitrust laws in allegedly preventing Praluent from competing against Repatha.