LogicBio is developing treatments for orphan paediatric diseases, based on research conducted at Tel Aviv University, Stanford University and Children's Medical Research Institute.

US-based preclinical-stage gene-therapy developer LogicBio Therapeutics has raised $45m in an oversubscribed series B round that was led by venture capital firm Arix Bioscience.

The round included OrbiMed, Edmond De Rothschild Investment Partners, Pontifax, SBI and OrbiMed Israel Partners.

Founded in 2014, LogicBio is working on therapies for rare, life-threatening paediatric genetic diseases of the liver that have few, if any, treatment options.

The company’s approach is based on research conducted by Adi Barzel at Tel Aviv University, Leszek Lisowski,…