Yet another biotech start-up emerged from stealth this morning, indicating that there is no shortage of funding for companies with break-through technology.
The latest to do so is Nested Therapeutics, a company pioneering a next-generation precision medicine platform to address hard-to-treat cancers.
The US biotech today announced the completion of a $90 million Series A financing led by the Life Sciences Investing business within Goldman Sachs Asset Management, bringing the total financing to $125 million since Versant Ventures founded the company. New investors participating in the Series A include Foresite Capital, Avidity Partners, Cowen Healthcare Investments, and Section 32.
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