California Biotech Insights

November 13, 2024

November 13, 2024
November 11, 2024
Recent Funding: Avid Bioservices (SoCal) to be Acquired for $1.1 Billion by Private Equity Firms Avid Bioservices, a California-based biologics CDMO, is set to be acquired by GHO Capital Partners and Ampersand Capital Partners for $1.1 billion. The deal, which offers a 13.8% premium on Avid’s current stock price, comes after a challenging year for […]

November 7, 2024
November 4, 2024
Recent Funding: Evommune (SF) Raises $115M to Advance Immune-Focused Drugs for Chronic Skin Conditions Evommune has secured $115 million in Series C funding to support its pipeline projects of treatments for chronic immune conditions, with a focus on oral therapies for skin disorders. The Palo Alto biotech will use the funds to advance Phase 2 […]

October 31, 2024