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Cash Injection Fuels Viela Bio's NMOSD FDA Filing

 
• By Jo Shorthouse

New and existing investors in Viela Bio have raised $75m in the latest funding round, allowing the AstraZeneca spin off to progress its NMOSD antibody to regulatory filing in the US. However, established companies may have stolen a march on commercializing a treatment.

Rocket
Do we have lift off? New cash has the potential to propel inebilizumab into orbit • Source: Shutterstock

The MedImmune LLC spin-out Viela Bio Inc. has raised $75m in a series B financing that it will use to push forward US Food and Drug Administration approval of its monoclonal antibody (MAb) inebilizumab for the rare autoimmune disease neuromyelitis optica spectrum disorder (NMOSD).

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