Flag­ship biotech 'Rings' in $85M+ for next-gen gene ther­a­py ef­fort

An­oth­er Flag­ship Pi­o­neer­ing cre­ation is spot­light­ing a fund­ing round this week, as Ring Ther­a­peu­tics brought in an $86.5 mil­lion Se­ries C, part of a strong March for pri­vate biotechs de­spite wor­ries about a fi­nanc­ing slow­down for drug R&D.

Some next-gen­er­a­tion gene ther­a­py mak­ers think it’s time to pass the ba­ton from one-and-done treat­ments that use ade­n­ovirus as­so­ci­at­ed (AAV) vec­tors to new de­liv­ery meth­ods. Ring be­lieves that its anellovirus-based can­di­dates can be dosed more than once.

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