At an 'inflection point': GentiBio reels in $157M ahead of what CEO Adel Nada sees as a Treg boom
GentiBio CEO Adel Nada says regulatory T cells (or Tregs) are now where CAR-Ts were at the beginning of the last decade — at an inflection point. With a handful of drugmakers zeroing in on the protective class of immune cells, Nada says big developments are coming. And the proof, he says, is in his company’s latest megaround.
Nada unveiled a $157 million Series A round on Wednesday morning from some big-name backers like the Novartis Venture Fund and RA Capital Management. With a raise like that, it’s hard to imagine that a public debut is too far down the road for GentiBio.
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