Who: Avalyn Pharma
Funding round: $175m series C, announced on 27 September
Avalyn Raises $175m To Fund Inhaled Versions Of Pulmonary Fibrosis Drugs
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Financing Snapshot: Seattle biotech claims its targeted, inhalable versions of Esbriet and Ofev, both oral IPF drugs, may offer better tolerability and stronger efficacy than established products.
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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.