Venture Funding Deals: I-Mab Is The Mega-Round Leader With $220m Series C
• By Deanna Kamienski, Beth Allan, and Maureen Riordan
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Freeline Therapeutics, I-Mab Biopharma, Kaleido Biosciences and Precision BioSciences raised more than $100m each, but Chinese start-ups continue to bring in some of this year's largest venture capital mega rounds, with $220m in Series C cash to fund development of immuno-oncology and inflammatory disease drug candidates.
Derived from Strategic Transactions, Informa’s premium source for tracking life science deal activity, Venture Funding Deals provides a comprehensive monthly review of emerging biopharmaceutical companies that have raised venture capital. This month’s column covers financings announced in June.
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A court order encompassing funding, drug pricing, clinical trials and overall policy implementation aspects is expected to bring about a paradigm shift in the treatment of rare diseases in India. Sarepta, Roche and Sanofi are among the key players that have been part of pricing discussions.