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13.07.26 - 06:30
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ANTENGENE-B Receives USD60 million Upfront Payment from UCB (AAStocks)
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ANTENGENE-B (06996.HK) announced that, under the global exclusive licensing agreement reached with UCB for the CD19/CD3 bispecific T-cell engager (TCE) antibody ATG-201, it has received the first upfront payment of USD60 million from the company. The company expects the payment to further strengthen the group's cash position, pr......
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10.06.26 - 14:06
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SonoThera Closes Oversubscribed $125 Million Series B Financing to Advance Clinical Development of Ultrasound-Mediated Nonviral Genetic Medicines (Business Wire)
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Financing was led by Vida Ventures, with participation from ARK Invest, CureDuchenne Ventures, Leaps by Bayer, Otsuka Pharmaceutical, SymBiosis, UCB Ventures SA, Vivo Capital, and existing investors
Proceeds will support clinical advancement of lead programs in Duchenne muscular dystrophy (DMD) and autosomal dominant polycystic kidney disease (ADPKD)
SAN FRANCISCO--(BUSINESS WIRE)--#biotech--SonoThera, a biotechnology company developing next-generation genetic medicines to address the root causes of disease, today announced the closing of an oversubscribed $125 million Series B financing round to advance its lead programs in Duchenne muscular dystrophy (DMD) and autosomal dominant polycystic kidney disease (ADPKD) into the clinic and expand its pipeline of targeted, redosable genetic medicines.
The financing was led by Vida Ventures, with participation from ARK Invest, CureDuchenne Ventures, Leaps by Bayer, Otsuka Pharmaceutical, SymBiosis, UCB Ventures SA, Vivo Capital, and existing investors ARCH Ventur...
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04.05.26 - 17:45
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EDDING GENOR Partner Candid Therapeutics to Be Acquired by UCB (AAStocks)
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EDDING GENOR (06998.HK) announced that Belgian pharmaceutical group Union Chimique Belge (UCB) will acquire Candid Therapeutics. Under the terms of the agreement, UCB will pay an upfront payment of USD2 billion, together with up to USD200 million in potential future milestone payments. The acquisition is expected to be completed......
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04.05.26 - 02:03
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Two River and Vida Ventures Extend Track Record of Company Creation and Value Realization Following the Candid Therapeutics′ Acquisition by UCB (Business Wire)
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LOS ANGELES, BOSTON & NEW YORK--(BUSINESS WIRE)--Two River, LLC (“Two River”) and Vida Ventures (“Vida”), both part of the Bellco Health ecosystem, today acknowledged the announced acquisition of Candid Therapeutics (“Candid”), a privately held clinical-stage biotechnology company redefining the treatment of autoimmune and inflammatory diseases through novel T-cell engagers (TCEs), by UCB (Euronext: UCB), a global biopharmaceutical company, for up to $2.2 billion, including $2.0 billion upfront.
Two River and Vida played central roles in the creation and early development of Candid. Two River, together with Third Rock Ventures, helped found Candid, continuing Two River's consistent track record of founding and scaling innovative biotechnology companies as a leading incubator. Candid was formed through the merger of TRC 2004—founded by Two River—and Vignette Bio, bringing together complementary capabilities with an experienced management team to establish a leader in autoimmune TCE therapi...
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