Blood stem cell therapy maker Garuda nabs $62M

Kyle LaHucik

Senior Reporter

Garuda Therapeutics brought in $62 million via a Series B to take its off-the-shelf cell therapies into the clinic next year.

The Boston-area biotech wants to rid the need for blood stem cell transplants and instead give patients self-renewing blood stem cells. The proceeds, which add to a $72 million Series A from September 2021, will bankroll two lead programs in hematological and oncology indications, Garuda said Tuesday morning.

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Blood stem cell therapy maker Garuda nabs $62M

Kyle LaHucik

Senior Reporter

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Blood stem cell ther­a­py mak­er Garu­da nabs $62M

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