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New Deal


Announced

Completed

Perceptive Advisors led a $155m funding round in Kronos Bio.

Financials

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Transaction Value£118m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Pharmaceuticals

Acquisition

Completed

Venture Capital

United States

Private

biopharmaceuticals

clinical-stage

Private Equity

Friendly

Single Bidder

Synopsis

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Private equity firm Perceptive Advisors led a $155m funding round in Kronos Bio, a private clinical-stage biopharmaceutical company, with participation from BlackRock, Casdin Partners, Commodore Capital, EcoR1 Capital, Fidelity Management and Research Company, Surveyor Capital, T. Rowe Price Associates, Woodline Partners, GV, Invus, Nextech Invest, Omega Funds, Polaris Partners, and Vida Ventures. "We appreciate the strong support from this group of investors and believe this capital will help propel Kronos through our upcoming period of clinical development," Norbert Bischofberger, Kronos Bio President and CEO.

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