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AlloVir gets $121mm via Series B
May 2019
Executive Summary
AlloVir Inc. (formerly ViraCyte; developing cell therapies for virus-associated diseases) raised $121mm through its Series B financing led by Fidelity Management and Research Co., which was joined by Gilead Sciences (adds a board observer), F2 Ventures (adds a director), Redmile Group, Invus, EcoR1 Capital, Samsara BioCapital, and Leerink Partners. AlloVir will use the proceeds for Phase III trials of its lead antiviral program Viralym-M (ALVR105).
Deal Industry
-
Biotechnology
- Gene Therapy, Cell Therapy
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Financing
- Private Placement
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AlloVir gets $121mm via Series B
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