Bil­lions for biotech: Ober­land boosts biotech fund-rais­ing past the $5B mark in a mat­ter of weeks

No­body ap­pre­ci­ates nab­bing a sweet late-stage in­vest­ment deal more than the Ober­land Cap­i­tal team.

Op­er­at­ing in a high­ly com­pet­i­tive field, the group backed John Hood’s suc­cess­ful come­back play for fe­dra­tinib, of­fer­ing up to $90 mil­lion a few years ago to get the ap­pli­ca­tion to­geth­er. There was cash for Es­pe­ri­on in the lead-up to its com­mer­cial­iza­tion work. A roy­al­ty deal pinned by GSK’s shin­gles vac­cine helped Agenus along.

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