Polygenic diseases company Character Biosciences has announced an oversubscribed $93 million Series B financing round to accelerate the advancement of its pipeline of precision therapies to treat degenerative eye diseases, starting with age-related macular degeneration (AMD).
To apply a precision medicine approach to the disease, the New Jersey firm has partnered with some 150 ophthalmology treatment centers across the USA to conduct an AMD-focused observational trial, integrating genetics with longitudinal clinical and imaging data for more than 6,500 consented patients.
This funding allows us to advance our lead programs into first-in-human trials
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