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Apic Bio of Massachusetts Raises $40 Million in Series A, Led by Morningside

publication date: Jan 7, 2019

Apic Bio, a Cambridge, MA gene therapy company, completed a $40 million Series A financing led by Morningside Venture of Hong Kong. Founded in 2017, Apic is a spin-out from the University of Massachusetts. It develops drugs that either silence a mutant gene and/or augment the normal gene to treat rare genetic diseases. The funding will support development of Apic's treatments for Alpha-1 Antitrypsin Deficiency (Alpha-1, AATD) and genetic Amyotrophic Lateral Sclerosis (ALS). More details....

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