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Bardavon Health Innovations Secures $90 Million in Series C Funding to Advance True MSK ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. ....

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ElevateBio raises $525 million in funding from SoftBank, others

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(Reuters) - ElevateBio said on Monday it has raised $525 million in new funding led by Matrix Capital Management, to help increase manufacturing capacity and also advance development of its cell and gene therapies.
The new financing, one of the bigger fund raises in the healthcare sector this year, also included investment from SoftBank Vision Fund 2, the cell and gene therapy developer said.
The company is the largest shareholder in cell therapy developer Allovir Inc, and its other portfolio companies include HighPassBio, which is also developing a treatment for leukemia patients.
ElevateBio is seeing demand for manufacturing services from both its portfolio companies, as well as from academic researchers and biotech companies, said co-founder and Chief Executive Officer David Hallal. ....

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Cell and Gene Therapy Portfolio Builder ElevateBio Raises $525M in Financing

Cell and Gene Therapy Portfolio Builder ElevateBio Raises $525M in Financing
Cell and gene therapy company ElevateBio has completed a $525 million Series C financing, with plans to use the proceeds toward developing and expanding its technology platforms, growing its network of process development and GMP manufacturing capacity, advancing industry partnerships, and continuing to develop candidates through its portfolio of companies. [ElevateBio]
March 15, 2021
Cell and gene therapy company ElevateBio has completed a $525 million Series C financing, with plans to use the proceeds toward developing and expanding its technology platforms, growing its network of process development and GMP manufacturing capacity, advancing industry partnerships, and continuing to develop candidates through its portfolio of companies. [ElevateBio] ....

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