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Announced

Completed

RA Capital Management led a $27m Series B round in Vaxess.

Financials

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Transaction Value£23m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Completed

Friendly

United States

Minority

biomedical

Acquisition

Single Bidder

Biotechnology

Domestic

health care

biotechnology

Private

Private Equity

Venture Capital

Synopsis

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RA Capital Management, an investment company, led a $27m Series B round in Vaxess, a life sciences company developing a sustained-release vaccine patch, with participation from The Engine, Mission BioCapital, and Global Health Investment Corporation. The company intends to use the funds to support its recently-launched phase 1 trial for the H1 influenza vaccine delivered by VX-103.

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