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Life science firm picks Greenville, Pitt County for nearly 300 new jobs
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Life science firm AmGen picks Holly Springs for plant, hundreds of jobs at $120,000 pay
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Published: May 05, 2021 By Mark Terry
There’s money on the move and venture capital firms launch several biotech companies with hefty Series A financing rounds. Here’s a look.
Esker Launches with $70 Million Series A
San Francisco-based Esker Therapeutics, a Foresite Labs-incubated company,
launched with a $70 million Series A financing. The round was led by Foresite Capital. The company focuses on autoimmune diseases and so-called precision therapies that target patients most likely to benefit from them.
The company’s precision analytics platform is powered by Foresite Labs. The technology platform is made up of high-quality curated genetic, clinical and medical record data, a systems immunology approach for prospective data collections and tools for building patient registries. Its lead pipeline product is ESK-001, a highly selective TYK2 inhibitor with greater selectivity for TYK2 over JAK1, initially in development for psoriasis. It is currently in a Phase
by Chantal Allam May 5, 2021 .
DURHAM – Isolere Bio, a Duke University, female-led spinout focused on “reimagining the manufacturing of complex therapeutics,” has landed $7 million in seed funding from lead investor Northpond Ventures.
It’s now getting ready to scale.
“We are thrilled to be teaming up with a top-tier, science-driven investor who believes in and shares our mission of delivering technologies for a healthier and safer world,” said Kelli Luginbuhl, Ph.D., Isolere’s founder and CEO.
The funding will support “development, scaleup, and commercialization” of its most advanced purification technology platform.
Kelli Luginbuhl, Ph.D., Isolere’s founder and CEO
Biogen s $200M expansion is another boost to NC s growing biopharma sector
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