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Saturday, Dec 21, 2024

Preview: Startup Lands $140 Million

 Capsida Biotherapeutics has emerged from stealth mode with a Series A investment and collaborative agreement together worth $140 million.The Newbury Park biotech firm secured funding from Versant Ventures and Westlake Village BioPartners worth $50 million, alongside a $90 million collaboration with Chicago-based pharma giant AbbVie.Capsida focuses on creating gene therapies.Read the full story in the June 21 issue of the San Fernando Valley Business Journal.

Antonio Pequeño IV
Antonio Pequeño IV
Antonio “Tony” Pequeño IV is a reporter covering health care, finance and law for the San Fernando Valley Business Journal. He specializes in reporting on some of the biggest names in the Valley’s biotechnology sector. In addition to his work with the Business Journal, Tony has reported with BuzzFeed News on the unsupervised use of Clearview AI, a controversial facial recognition technology. Tony, who also conducts freelance reporting, graduated from the USC’s Master of Science in Journalism program in 2021. He is in his fifth year as a journalist as of 2021.

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