Perceive Biotherapeutics announced it raised $40 Million in an initial filing from an offering of $78 Million

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Perceive Biotherapeutics is advancing a deep and diversified pipeline of targets and treatment modalities in multiple therapeutic verticals, with lead pipeline programs in ophthalmology. Perceive was founded on compelling research elucidating two novel protective biologies for treating retinal blindness, developed from foundational collaborations in genetic science and target validation. The Company is backed by Deerfield Management, Braidwell LP, Retinal Degeneration Fund, the venture arm of the Foundation Fighting Blindness, Catalio Capital Management, LP and others. For more information, please visit www.perceivebio.com