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Private Equity and Public Equity Portfolio News: RapidMicro Biosystems Raises $81 million to Continue Global Expansion of Automated Pharmaceutical QC Platform to Improve Data Integrity and Safety in Biologics, Vaccines and Cell and Gene Therapy Manufacturing

LOWELL, Mass., March 16, 2021 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc., the leading provider of data integrity and automation technology for microbial detection in biopharmaceutical manufacturing, today announced the…

Private Equity Portfolio News: RefleXion Adds Ally Bridge Group to Investor Syndicate

Expands Series D financing by $40M March 02, 2021 10:00 AM Eastern Standard Time HAYWARD, Calif.–(BUSINESS WIRE)–RefleXion Medical, a therapeutic oncology company pioneering the use of biology-guided radiotherapy (BgRT)* for…

Private Equity Portfolio News: Ally Bridge Group Co-leads Mainstay Medical’s $108 Million Equity Financing

Funding to support U.S. commercial launch and global expansion February 16, 2021 08:00 AM Eastern Standard Time DUBLIN–(BUSINESS WIRE)–Mainstay Medical Holdings plc (“Mainstay” or the “Company”) today announced the closing…

Public Equity Portfolio News: Next-Gen Proteomics Company Nautilus Biotechnology to List on Nasdaq through Merger with Arya Sciences Acquisition Corp III

Nautilus Biotechnology has entered into a definitive merger agreement with Arya Sciences Acquisition Corp III (Nasdaq: ARYA). Upon closing, the combined company is expected to be listed on Nasdaq under…

Private Equity Portfolio News: Syapse Announces $68 million Strategic Investment with Ally Bridge Group and Northpond Ventures to Expand Delivery of Real-World Evidence Through Syapse’s Learning Health Network

February 02, 2021 10:00 ET — Financing to support expanded partnering opportunities with life sciences, health systems, regulators and molecular labs — — Syapse committed to delivering real-world insights to…

Private Equity and Public Equity Portfolio News: MedAvail Completes $84 million Private Placement Led by Ally Bridge Group

November 18, 2020 06:13 PM Eastern Standard Time MISSISSAUGA, Ontario & PHOENIX–(BUSINESS WIRE)–MedAvail Holdings, Inc. (“MedAvail”), a leading technology-enabled pharmacy organization that embeds automated pharmacy services directly into clinics and…

Public Equity Portfolio News: miRagen Therapeutics, Inc. Announces Acquisition of Viridian Therapeutics, Inc.

Acquisition includes clinical stage anti-IGF–1R monoclonal antibody, VRDN-001, intended for the treatment of thyroid eye disease (TED). Company plans to use private placement financing proceeds of $91 million to advance multiple compounds through phase 2 proof of concept studies in TED and to expand its orphan…

Public Equity Portfolio News: Nuvation Bio and Panacea Announce Business Combination Agreement, Creating a Publicly Listed Leader in Oncology Drug Development

NEW YORK – – October 21, 2020 – Nuvation Bio, Inc., a biopharmaceutical company focused on revolutionizing cancer treatment by discovering, developing and delivering therapies that tackle some of the greatest needs in…

Private Equity Portfolio News: Biotechs Tap Growing US Government Support

Federal funding for dementia and Alzheimer’s studies has surged, as venture funding focuses on other diseases Aug 20, 2020 Wall Street Journal Alzheon Inc. will be holding Phase 3 clinical…

Public Equity Portfolio News: Cerevel Therapeutics and Arya Acquisition Corp II Announce Business Combination, Creating a Publicly Listed Leader in Neuroscience Drug Development

July 30, 2020 07:00 AM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–Cerevel Therapeutics, Inc. (“Cerevel Therapeutics”), a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, and Arya…

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