Division of Bayer AG
Latest From BlueRock Therapeutics
Start-Up Quarterly Statistics: Financings Continue Quarterly Declines Despite Big Venture Deals And IPOs
A review of biopharma start-up dealmaking and financing activity from July through September 2019, based on data from Strategic Transactions. Fundraising activity fell 23% from the second to the third quarter, but start-up M&A surged, led by Vertex's acquisition of Semma.
Century Therapeutics brings in $250m for its cell therapy programs in a series A round, while immunotherapy specialist BioNTech sets a record for series B, raising $350m. Another five firms brought in rounds of $100m or greater...
Bayer will acquire the 40.8% of BlueRock that it doesn't already own as the firm's largest investor via a $225m series A round in 2016. A clinical trial for BlueRock's Parkinson's disease candidate is expected to begin later this year.
- Therapeutic Areas
- Immune Disorders
- Neurology, Nervous System
- North America
- Company Type
- Parent & Subsidiaries
- Bayer AG
- Senior Management
Emile Nuwaysir, PhD, Pres. & CEO
Shane Kovacs, CBO & CFO
Joachim Fruebis, PhD, Chief Dev. Officer
- Contact Info
Cambridge, MA 02142
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