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Asher Bio Closes $108 Million Series B Financing

South San Francisco, CA, September 1, 2021 (Business Wire) — Asher Biotherapeutics, a biotechnology company developing precisely-targeted immunotherapies for cancer, autoimmune, and infectious diseases, today announced the closing of an oversubscribed Series B financing, which raised $108 million. The financing was led by Wellington Management Company LLP, and included new investors RA Capital Management, Janus Henderson Investors, Logos Capital, Marshall Wace and Alexandria Venture Investments, and, along with existing investors Third Rock Ventures, Invus, Boxer Capital of Tavistock Group, Mission BioCapital, and other undisclosed institutional investors. More

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Pillar Biosciences Announces Appointment of Randy Pritchard as Chief Executive Officer

Natick, MA. & Shangai, September 1, 2021 (Business Wire) — Pillar Biosciences, an innovative next-generation sequencing (NGS) solutions in-vitro diagnostics (IVD) company, today announced the appointment of Randy Pritchard as Chief Executive Officer. The company’s founder, industry veteran and renowned scientific innovator, Gang Song, Ph.D., will transition to the role of Chairman of the Board, where he will be responsible for leading the Board, ensuring governance standard and focusing on all strategic matters for Pillar Biosciences. In his new role as CEO, Mr. Pritchard will look to accelerate the company’s efforts to make precision oncology accessible for all patients throughout the patient journey. More

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Ziopharm Oncology Appoints Kevin S. Boyle, Sr., as Chief Executive Officer and Announces other Executive Promotions

Boston and Houston, August 30, 2021 (GLOBE Newswire) — Ziopharm Oncology, Inc. (“Ziopharm” or the “Company”) (Nasdaq: ZIOP), today announced the appointment of Kevin S. Boyle, Sr. as its new Chief Executive Officer, effective today. As previously planned, Heidi Hagen, Interim CEO, is returning to her position as a member of the Board of Directors (the “Board”). Mr. Boyle has also been named to the Board. In addition, today the Company has announced promotions within its senior leadership. More

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Seattle biotech firm Shape Therapeutics inks gene therapy deal with Roche worth up to $3B

Seattle, August 24, 2021 (Globe Newswire) — Shape Therapeutics Inc. (ShapeTX), a biotechnology company developing RNA technologies to shape the future of gene therapy, today announced a multi-target strategic collaboration and license agreement with Roche (SIX: RO, ROG; OTCQX: RHHBY). Through this partnership ShapeTX will apply its proprietary RNA editing platform RNAfix™ and potentially leverage its AAVid™ technology platform for next-generation tissue-specific adeno-associated viruses (AAVs) for the development of gene therapy for certain targets in the areas of Alzheimer’s disease, Parkinson’s disease, and rare diseases. More

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Immunitas Therapeutics Completes $58 Million Series B Financing

Waltham, MA., August 18, 2021 (PRNewswire) — Immunitas Therapeutics (“Immunitas”), a single cell genomics-based therapeutics company, today announced the completion of a $58 million Series B financing led by Agent Capital with participation from Medical Excellence Capital (MEC), 120 Capital, Solasta Ventures, Mirae Asset, Ono Venture Investment, The Mark Foundation for Cancer Research, NS Investment, BrightEdge (American Cancer Society), and The Leukemia & Lymphoma Society Therapy Acceleration Program® (LLS TAP). More

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Vigil Neuroscience Completes $90 million Series B Financing

Cambridge, MA. August 18 2021, (Business Wire) — Vigil Neuroscience, a biotechnology company harnessing the power of microglia for the treatment of neurodegenerative diseases, today announced the completion of a $90 million Series B financing to further advance Vigil’s proprietary pipeline of microglia-targeted medicines for the treatment of neurodegeneration. The financing was led by Vida Ventures with participation from existing investors Atlas Venture, Northpond Ventures and Hatteras Venture Partners as well as new investors including Surveyor Capital (a Citadel company), Cormorant Asset Management, Invus, OrbiMed, Rock Springs Capital, Deep Track Capital, Logos Capital, Pivotal bioVenture Partners, and Lightstone Ventures. More

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Medtronic to Acquire Intersect ENT in $1.1 billion

Dublin and Menlo Park, CA, August 6, 2021 (PRNewswire) — Medtronic plc (NYSE:MDT), the global leader in medical technology, today announced that it has entered into a definitive agreement with Intersect ENT (NASDAQ: XENT), a global ear, nose, and throat (ENT) medical technology leader dedicated to transforming patient care, in which Medtronic will acquire all outstanding shares of Intersect ENT for $28.25 per share in an all-cash transaction implying an enterprise value of approximately $1.1 billion. The boards of directors of both companies have unanimously approved the transaction. More

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Ultrasound Disruptor Exo Secures $220M in Series C Funding Round

Redwood City, CA, August 2 2021 (Business Wire) — Exo (pronounced “echo”), a pioneering health information and devices company, closed a $220 million Series C investment round led by RA Capital Management and joined by BlackRock, Sands Capital, Avidity Partners and Pura Vida Investments that will fund the commercialization of its handheld ultrasound device and its intuitive point-of-care ultrasound workflow solution, Exo Works. Prior investors also participated. More

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ByHeart Secures $90M Series B Financing and Achieves All of its Clinical Trial Endpoints

NEW YORK, July 26, 2021 (PRNewswire) — ByHeart, the baby nutrition company founded by Ron Belldegrun and Mia Funt, today announces it has secured $90M in series B funding, following their $70M series A in April 2020. This coincides with the completion of the brand’s 311 baby, multicenter clinical trial – the largest conducted by a new US infant formula brand in over 25 years – successfully meeting all of its endpoints. More

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BlueRock Therapeutics Announces New Board Chair, New President and CEO

biopharmaceutical company and wholly-owned subsidiary of Bayer AG, announced today that Emile Nuwaysir, Ph.D., current President and CEO, will transition to the position of BlueRock Board Chair, effective August 1, 2021. Current Chief Scientific Officer Seth Ettenberg, Ph.D., will assume the role of President and CEO. BlueRock will continue in its mission to create authentic cellular medicines to reverse devastating diseases and improve the human condition. More

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