Upstream Bio sails into mid-stage work with $200 million series B

8 June 2023

A series B financing round will swell the coffers of Massachusetts, USA-based biotech Upstream Bio to the tune of $200 million.

The company is focused on advancing new therapies to treat inflammation, and has raised capital from Enavate Sciences and Venrock Healthcare Capital Partners, as well as from a number of new investors.

The money will fund Upstream’s next stage of clinical development for UPB-101, a monoclonal antibody targeting the TSLP receptor.

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