Neurodegenerative disease startup Prevail Therapeutics has raised series A funding from backers including Alexandria Venture Investments.
US-based gene therapy developer Prevail Therapeutics has secured $75m in a series A round featuring Alexandria Venture Investments, the venture capital arm of life sciences real estate trust Alexandria Real Estate Equities.
OrbiMed, Pontifax Fund, RA Capital Management, EcoR1 Capital, Omega Funds, BVF Partners, Boxer Capital and Adage Capital Management also took part in the round.
Prevail is working on gene therapies to treat genetically-defined neurodegenerative diseases such as Parkinson’s disease. Its lead product candidate, known as PR001, is concentrated…