Novartis plans to open a string of global digital labs; Rgenix snags a $40M round in push toward PhII

Vas Narasimhan has made no secret of his keen interest in making Novartis over with new digital technologies, and now he plans to open new offices around the world to help cement ties with a host of players in the field, from Apple and Google all the way to the upstarts just setting out. Chief digital officer Bertrand Bodson talked to Bloomberg about the digital labs, with the first now open in San Francisco.

Lepu Medical has led a $40 million C round for Rgenix, a biotech company pursuing Phase Ib/II clinical trials of the lead program RGX-104 in “multiple cancer indications.” Novo Holdings A/S, Sofinnova Partners, Alexandria Venture Investments, and the Partnership Fund for New York City’s Innovate NY Fund all joined in.

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Recursion Pharmaceuticals Salt Lake City, UT
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