logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

ViroCell Biologics completed an oversubscribed convertible note offering led by First Light Asset Management LLC to accelerate its growth in viral vector manufacturing services.

Aug 14, 2024over 1 year ago
London

Investors

Dorset Opportunity Fund LpSartorius Stedim Biotech S.A.First Light Asset Management Llc

Description

ViroCell Biologics has successfully completed an oversubscribed financing round through a convertible note offering. The proceeds will be used to accelerate ViroCell's growth amid strong demand for its specialized services in viral vector design and manufacturing.

Company Information

Company

Virocell Biologics Ltd

Location

Vestry House

London, England, United Kingdom

About

ViroCell Biologics is an innovation-driven Contract Development and Manufacturing Organization (CDMO) that manufactures viral vectors and gene-modified cells to enable novel cell and gene therapies to enter clinical trials.

Related People

1 contact

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers