A biotech startup breaks a 3-year silence, displaying a $65M raise and a next-gen approach to PARP
Victoria Richon’s team at Ribon Therapeutics has been cruising under the biotech radar for the past 3 years. But with a $65 million B round to discuss with plans to move into the clinic, it’s time for a public display on just what they’ve been working on.
Over the past few years a whole group of players has been advancing PARPs into the market for cancer, throwing a monkey wrench in a mechanism cells use to repair damage. But while rivals stack up behind Lynparza from AstraZeneca and Merck, Ribon is taking it all one big step down the road.
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