Latus Bio launches with $54 million in Series A financing

7 May 2024

Philadelphia, USA-based Latus Bio, a biotech developing novel gene therapy candidates for disorders of the central nervous system (CNS), has announced its launch and an initial close of $54 million in Series A financing.

The funding round is being led by 8VC and DCVC Bio. To date, Samsung Life Science Fund (created by Samsung C&T, Samsung Biologics, Samsung Bioepis and Samsung Venture Investment Corporation), The Children’s Hospital of Philadelphia Foundation, Benjamin Franklin Technology Partners, Modi Ventures, and Gaingels have joined as syndicate partners.

Originating from the lab of co-founder Professor Beverly Davidson at the Children's Hospital of Philadelphia (CHOP), Latus is developing CNS gene therapy candidates, using proprietary technologies that have been used to identify and engineer novel adeno-associated virus (AAV) capsid variants with the aim of showing unprecedented potency, specificity, and safety.

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