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Viela, a New MedImmune Spinout, Raises $250 Million from China Investors

publication date: Feb 28, 2018

Viela Bio, a brand new spinout from MedImmune, announced a $250 million Series A funding led by three China investors: Shanghai's 6 Dimensions Capital (an investment firm formed in 2017 by the merger of Frontline BioVentures and WuXi Healthcare Ventures), plus Hong Kong's Boyu Capital and Beijing's Hillhouse Capital. Viela will focus on inflammation and autoimmunity, based on an initial six molecules (three clinical-stage candidates and three preclinical molecules) donated by MedImmune. More details....

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