SpyBiotech cashes in on Serum Institute deal, netting $32.5M round for its 'superglue' VLP vaccine tech
Roughly five months after partnering with the Serum Institute of India to develop Covid-19 vaccines, SpyBiotech is ready for its next big thing.
The British biotech pulled in a $32.5 million Series A round last week, funneling the success of its collaboration into a venture-capital raise. SpyBiotech is planning to develop its VLP vaccine platform with the cash, but CEO Sumi Biswas told Endpoints News that could go in any number of directions.
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