.
MergerLinks Header Logo

Announced

Completed

Omega Funds and TCG X led a $153m Series C round in Artios Pharma.

Financials

Edit Data
Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Biotechnology

United Kingdom

biotechnology company

Completed

Minority

Private Equity

Acquisition

Private

Venture Capital

Friendly

Single Bidder

Cross Border

Synopsis

Edit

Omega Funds and TCG X led a $153m Series C round in Artios Pharma, a DNA Damage Response company, with participation from Avidity Partners, Invus, Deep Track Capital, Sofinnova Partners, Tetragon Financial Group, RTW Investments, Soleus Capital, Piper Heartland Healthcare Capital, CaaS Capital Management, and Schroders Capital. "Artios’ deep expertise in DNA damage response and novel approach to drive the search for new and better cancer treatments is an ideal match for Omega Funds. Supporting Artios in its mission to advance its portfolio of best-in-class and first-in-class small molecule DDR programs, including its DNA polymerase theta (Polθ) inhibitor, which is poised to enter the clinic, is a welcome addition to our portfolio of life science investments targeting our world's most urgent medical needs," Michelle Doig, Omega Funds Partner, Head of Corporate Development.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US