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BioWorld - Sunday, December 21, 2025
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Nerre raises $27.6M to develop treatment for disabling cough

July 7, 2021
By Nuala Moran
LONDON – Nerre Therapeutics Ltd. will have another go at delivering proof of efficacy for its chronic cough treatment, after raising £20 million (US$27.6 million) in a series B2 round.
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Sirnaomics closes $105M series E to advance polypeptide nanoparticle-based siRNA therapeutics in multiple cancers

July 6, 2021
By Elise Mak
Just five days after raising $105 million in a series E financing round, RNA interference therapeutics specialist Sirnaomics Inc. obtained another IND approval from the FDA for its dual-targeting small interfering RNA (siRNA) inhibitor STP-707 to start a basket study in oncology. Sirnaomics’ CEO Patrick Lu told BioWorld in an exclusive interview that an I.V. administration of STP-707 will be tested to tackle solid cancers that may have metastasized into other potential areas or tissue types in the body.
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Currus Biologics launches with AU$10M series A to tackle CAR T combo in solid tumors

June 29, 2021
By Tamra Sami
PERTH, Australia – Startup Currus Biologics Pty Ltd. has launched with a AU$10 million (US$7.5 million) series A round with the mission of improving the success of CAR T-cell therapies against solid tumors such as breast, ovarian and pancreatic cancers.
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Hummingbird Bioscience closes $125 million series C

May 18, 2021
By David Ho
HONG KONG – Hummingbird Bioscience Pte. Ltd. has raised $125 million in a series C financing to further investments in its early stage pipeline, as well as support the clinical development of its two lead oncology programs.
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Seeking ‘resilient’ antibodies, Alchemab closes $83M series A round

April 15, 2021
By Nuala Moran
LONDON – Antibody prospecting specialist Alchemab Therapeutics Ltd. has raised £60 million (US$82.7 million) in a series A round, to take programs in neurodegenerative diseases and cancer into the clinic.
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Hutchmed closes $100M private placement, expects third China approval and first FDA NDA this year

April 9, 2021
By Elise Mak
The newly renamed Hutchmed (China) Ltd., previously known as Hutchison China Meditech Ltd. (Chi-Med), plans to sell $100 million of its American depository shares at $30.50 per ADS in a private placement to funds affiliated with Baring Private Equity Asia.
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Clover bags $230M in series C, moves COVID-19 vaccine to phase II/III

Feb. 23, 2021
By Elise Mak
Chengdu-based Sichuan Clover Biopharmaceuticals Inc., known for its Trimer-Tag technology, raised $230 million in a series C financing round. The proceeds will, most notably, help it advance its COVID-19 vaccine candidate, S-Trimer (SCB-2019), to a global phase II/III trial by June. Following its $43 million series B round in December 2019, Clover said on Tuesday, Feb. 23, that it raised more than $400 million in the last 12 months. The company uses its Trimer-Tag technology platform to produce covalently-trimerized fusion proteins to develop protein-based vaccines and biologic cancer therapies.
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Australia’s Cyclopharm raises AU$30M ahead of U.S. launch of Technegas for pulmonary embolism

Jan. 26, 2021
By Tamra Sami
PERTH, Australia – Sydney-based Cyclopharm Ltd. raised AU$30 million (US$23.19 million) in a private placement that will enable the company to launch its Technegas combination product in the U.S.
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Coins and seedling

Scineuro launches with $100M series A to target CNS

Dec. 14, 2020
By Elise Mak
Scineuro Pharmaceuticals, based in Shanghai and Philadelphia, launched with a $100 million series A financing to focus on tackling central nervous system diseases. CEO Min Li told BioWorld the startup is “building a CNS portfolio through a combination of internal R&D and strategic collaborations.” Lilly Asia Ventures Fund and Arch Venture Partners co-led the round.
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Skeletal disorder firm Innoskel launches with $24M

Dec. 14, 2020
By Nuala Moran
LONDON – Innoskel has arrived on the scene with a €20 million (US$24.3 million) series A funding to advance development of gene therapies for type 2 collagenopathies, a group of rare skeletal disorders that affect the structure of connective tissues, leading to short stature.
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