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Adverum Biotech raises $127.5M for gene therapy.
Adverum Biotechnologies is conducting a private placement to raise $127.5 million, which will be used to invest in their clinical-stage gene therapy programs.
Novo Holdings, a holding and investment company, and Novo Nordisk are acquiring three fill-finish sites for $11 billion.
This comes as a part of Novo Holdings' acquisition of contract drugmaker Catalent.
These deals aim to expand capacity for popular weight-loss drug Wegovy and increase Novo Nordisk's filling capacity from 2026 onwards.
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Adverum Biotech recauda 127,5 millones de dólares para terapia génica.