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Vectory Raises €31 Million In Seed Financing To Develop Next-Generation Gene Therapies Aimed At Muscular And Cns Disorders

Jun 15, 2021•over 4 years ago

Amount Raised

€31 Million

Round Type

seed

Amsterdam

Description

VectorY Therapeutics, a biotech company focusing on the development of innovative gene therapy approaches for the treatment of muscular and neurodegenerative disorders through vectorized antibodies, today announces the completion of a €31 million seed financing round.

Company Information

Company

Vector Y

Location

Amsterdam, New York, United States

About

VectorY combines the therapeutic potential of antibodies, RNA and gene therapy to develop long-lasting therapeutic solutions for muscular and neurodegenerative diseases with high unmet medical need. Founded in October 2020, and based in the Amsterdam Science Park, VectorY is a fully integrated gene therapy company focused on the development of innovative therapeutics based on a novel AAV gene therapy platform, antibody- and RNA-based targeted degradation technologies, and proprietary manufacturing technology. VectorY develops proprietary & partnered programs and product candidates are based on new technologies that will enable the next generation of highly scalable manufacturing processes within VectorY’s own manufacturing facilities. VectorY’s manufacturing capabilities will include a state-of-the-art multi-product GMP facility in the Netherlands, with the capability to deliver suspension based AAV viral vector manufacturing of up to 2000L for both clinical and commercial supply. For more information, see www.vectorytx.com.

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Medium Activity

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