Allied with Roche and AstraZeneca, 4D Molecular bags $90M round for its gene therapy pipeline work
Gene therapy remains one of the hottest fields in biotech.
Right on the heels of striking collaboration deals with Roche and AstraZeneca, 4D Molecular Therapeutics is following up this morning with a big raise, adding $90 million to the bankroll through a Series B round for the gene therapy startup.
Their lead AAV gene therapy program is set to go into the next year.
Pfizer helped get Emeryville, CA-based 4DMT off the ground with a deal back in 2016, with researchers aimed at cardiac diseases. Then Roche expanded their deal on ophthalmology earlier this year, bagging rights to their lead drug 4D-110 — a drug for choroideremia, or inherited night blindness — in an effort that zeroes in on blinding retinal diseases. Then AstraZeneca stepped up with an alliance on chronic lung disease.
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