Announced
Completed
Financials
Tags
Single Bidder
Friendly
Private Equity
Domestic
Acquisition
Biotechnology
United States
Private
Completed
biotechnology
therapeutics
Venture Capital
Minority
Synopsis
RA Capital Management, an investment company, led a $60m Series A round in Lusaris Therapeutics, a biotechnology company, with participation from Venrock Healthcare Capital Partners, Deep Track Capital, Boxer Capital. “We aim to develop best-in-class neurotherapeutics that have the potential to reach more patients in need by decreasing the treatment burden on both patients and physicians. With encouraging preclinical data, a proven delivery technology, and an expected rapid and short psychotropic experience, LSR-1019 has the potential to be a transformative treatment for patients suffering from TRD and other serious mood disorders,” Neil Buckley, Lusaris Chief Operating Officer.
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