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Osanni Bio Closes $50.0M

Recently funded · $50.0M UnknownHospitals and Health CareView source

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Osanni Bio, a biotech firm dedicated to reversing and preventing blindness, has secured $50.0M in funding from Merck KGaA. The investment will fuel the company's distinctive approach to tackling retinal diseases, which are often multi-factorial and complex.

Describing itself as "Designed for Sight," Osanni Bio aims to bring creativity to science through design thinking, developing therapies in areas where others aren't. Its mission is to create fundamentally different solutions for sight-threatening conditions, ultimately changing the future of vision.

A pioneering gene therapy company just filed for bankruptcy. And in the same week, a new gene editing biotech launched with $230 million. That's West Coast biotech in a nutshell.

🧬Here's everything that happened this week in West Coast biotech:FUNDINGSaturnus Bio launched with $50M from Merck KGaA to develop gene-targeted therapies for rare inherited cardiomyopathies - structured as a built-to-buy deal, with Merck holding an exclusive acquisition option if the science succeeds.Osanni Bio emerged from three years of stealth with $190M to advance seven programs across eye d

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