$82 million series A round propels Exsilio into gene editing race
Biotechnology company Exsilio Therapeutics has announced its emergence from stealth mode with $82 million in series A financing.
The funding round was co-led by Novartis Venture Fund and Delos Capital, with contributions from OrbiMed, Insight Partners, J.P. Morgan Life Sciences Private Capital, CRISPR Therapeutics, Innovation Endeavors, Invus, Arc Ventures, and Deep Insight.
Exsilio, initially seed-funded by OrbiMed, plans to use the financing to advance its genomic medicines, which use naturally occurring, programmable genetic elements to precisely insert new genes into cells.
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