Jason Foster, Ori Biotech CEO

UK up­start rais­es $100M in bid to dig­i­tize and stan­dard­ize cell and gene ther­a­py man­u­fac­tur­ing

There’s a gi­ant need for cell and gene ther­a­py man­u­fac­tur­ing op­tions go­ing for­ward, as com­pa­nies move to in­vest mas­sive­ly in­to that space. Ori Biotech is the lat­est, as the UK-based biotech an­nounced it has se­cured more than $100 mil­lion in its over­sub­scribed Se­ries B fund­ing round Tues­day.

No­valis Life­Sciences led the round. The Boston-based com­pa­ny is led by chair­man Mar­i­jn Dekkers and part­ner Paul Meis­ter, who built Ther­mo Fish­er Sci­en­tif­ic. Dekkers went on to be­come the CEO of Bay­er, and is cur­rent­ly al­so the chair­man at Gink­go Bioworks.

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