Date: Monday 23 Sep 2019 (Sharecast News) - Clinical-stage biotechnology company PureTech Health announced on Monday that its majority-owned affiliate, Vedanta Biosciences, has added $16.6m ( 13.34m) to its Series C financing round, bringing the total capital raised to $62.1m. Over 41.2 million shares were sold, with the initial price of $18. Additionally, the European Patent Office (EPO) recently granted Vedanta Biosciences three patents in its foundational intellectual property (IP) family covering the use of bacterial consortia of clostridium species in autoimmune diseases, including IBD. Vedanta Biosciences has raised $50 million to move multiple microbiome modulators into the clinic. Vedanta Biosciences signs $241 million licensing deal with Janssen and J&J Innovations Vedanta, founded in Boston, was based on intestinal flora technology that failed to attract the interest of Japanese firms. One of the first to launch, Vedanta Biosciences of Cambridge, MA, has raised $50 million with plans to take advance a number of drugs—precise cocktails of bacteria—into clinical testing. Participants include the Bill Melinda Gates Foundation, Bristol-Myers Squibb, Rock Springs Capital, Invesco Asset Management, Seventure, and PureTech Health Vedanta Biosciences, a Dublin, Dec. 29, 2020 (GLOBE NEWSWIRE) -- The "Global Microbiome Therapeutics Market 2020: A Benchmark of the Top 10 Companies" report has been added to ResearchAndMarkets.com's offering. This past September, the company held its IPO and raised more than $742 million. Vedanta Biosciences is a developer of immunotherapies designed to treat immune-mediated and infectious diseases. The Vedanta Biosciences arm of biopharma company PureTech announced that preliminary results from its Phase 1a/1b clinical study of its live ... PureTech affiliate resTORbio prices $85.0m IPO. Vedanta Biosciences, a company seeking to treat immune and inflammatory diseases through modulating the microbiome, received USD$50 million in venture funding in 2016 [19]. It is a unique case of technology developed at a Japanese university being used to establish a spin-off company overseas. 11/24: Silver Sands Updates Virginia Silver Project Exploration in … Buy or sell Trigemina stock pre IPO via an EquityZen fund. Vedanta Biosciences announced the appointment of Troy Ignelzi as an independent member of its Board of Directors. If you're an investor anticipating the potential $100 million-plus IPO of microbiome company Seres Therapeutics, your wait should be over before the. {LONGTERMINVESTORS} INDIA DAYBOOK: Vedanta, T-Bills, Quess Corp IPO, Banking Risk Today: RBI to hold t-bills auction; Quess Corp IPO opens; Vedanta, UPL, Corporation Bank among cos to hold shareholders' meetings. Evelo Biosciences is dedicated to improving the lives of patients globally through the development of a new modality of medicines – monoclonal microbials. $9,400,000 Grant businesswire. The company's immunotherapies include a suite of proprietary assays to select pharmacologically potent strains, vast proprietary datasets from human interventional studies, and facilities for cGMP-compliant manufacturing of EquityZen is a marketplace for shares of proven pre IPO tech companies. Monoclonal microbials are orally delivered medicines that modulate systemic immunology and biology through direct interactions with … The new patents protect Vedanta’s therapeutic candidates in development for … 11/24: ... VEDANTA BIOSCIENCES: Appoints Troy Ignelzi, Chief Financial Officer at Karuna Therapeutics, to Its Board of Directors: BU. Vedanta Biosciences, Inc. 23 Sep 2019. EquityZen is a marketplace for shares of proven pre IPO tech companies. By Josh White. Vedanta Biosciences, Inc. operates as a pre-clinical stage company developing a microbiome immune system drug discovery platform and drug candidates for the treatment of immune-mediated diseases. Bristol-Myers Squibb Company BMY announced that it has signed a collaboration deal with Massachusetts-based, privately held Vedanta Biosciences, Inc.. Vedanta Biosciences Stock vedantabio.com | BioTech | Founded: 2010 | Funding to Date: $112,070,000 Developer of immunotherapies designed to treat immune-mediated and infectious diseases. Explore Vedanta Biosciences Inc.'s investment information, scientific platforms, therapeutic approaches, indications and more here! This report profiles companies actively involved in developing microbiome therapeutics.Microbiome present in the human body has a major role to play in the overall functioning … VC-backed Entasis Therapeutics debuts IPO Entasis Therapeutics. PureTech's Vedanta Biosciences adds $16.6m to Series C funding. Vedanta Biosciences has recently been granted four U.S. patents covering pharmaceutical compositions of therapeutics targeting inflammatory bowel disease (IBD) and other immune-mediated and infectious conditions. *A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: Obtains access to the information in a personal capacity; September 24, 2019 A Cambridge, Mass.-based biotech company, raised $16.6 million in Series C-2 funding from QUAD Investment Management, SV Investment Corp., Shinhan Investment-Private Equity, Shinhan Capital-Yeollim Partners, Partners Investment Co., FC Capital, and SymBiosis Read More 26 Sep 2018. Clinical-stage biotechnology company PureTech Health announced on Monday that its majority-owned affiliate, Vedanta Biosciences, has added $16.6m (£13.34m) to its Series C … Vedanta Biosciences, Inc. Biotechnology Cambridge, MA 4,218 followers Pioneering rational design of drugs made of defined bacteria consortia that … HONG KONG EXCHANGES AND CLEARING: Proposes To Shorten IPO Settlement Time From "T+5" To "T+1" AQ. ... Vedanta Biosciences is developing a class of drugs that work by … Vedanta plans to take the program forward into Phase 2 studies over the next 12 months. → A Big Pharma vet has joined Cambridge, MA upstart Vedanta Biosciences to help develop and expand on its microbiome-derived bacteria portfolio. Vedanta Biosciences controls a foundational portfolio of more than 40 patents and has built what is believed to be the world's biggest library of bacteria derived from the human microbiome. Vedanta Biosciences has partnered with the NYU Langone Medical Center to develop microbiome-derived immunotherapies specifically for use paired with checkpoint inhibitors. $75,000,000 IPO PE HUB. 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