Scott Megaffin, Adiso Therapeutics CEO

Morn­ing­side re­veals its lat­est biotech ef­fort, seek­ing to tack­le wide range of in­flam­ma­to­ry dis­eases

Morn­ing­side Ven­tures un­veiled its lat­est bet Thurs­day morn­ing, one where it’s al­ready pro­vid­ed more than $60 mil­lion in cash.

The VC firm un­veiled Adiso Ther­a­peu­tics on Thurs­day, a Con­cord, MA-based biotech aim­ing to tack­le a wide va­ri­ety of in­flam­ma­to­ry dis­eases. Adiso launched with two com­pounds al­ready in the clin­ic and a third can­di­date still in pre­clin­i­cal stud­ies. The ini­tial fo­cus­es are ul­cer­a­tive col­i­tis and C. dif­fi­cile in­fec­tion.

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