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21 May, 2020

Ally Bridge Group Leads US$150 million Financing for Three U.S. Companies Amidst the COVID-19 Pandemic, Bringing Total Ally Bridge-led Private Life Science and Healthcare Investments to US$650 million over the Last 24 Months

NEW YORK and HONG KONG, May 21, 2020 /PRNewswire/ — Ally Bridge Group (“ABG”), a leading global life science investment group, has announced that it led three investments in the U.S. — two medtech and one telehealth — in April, 2020 amidst the COVID-19 pandemic. Each of the three companies is a commercial-stage leading innovator re-setting the standard of care […]

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21 May, 2020

Ally Bridge Portfolio News – Rapid Micro Biosystems Raises $120 Million to Accelerate Global Expansion of Contaminant Testing Platform for Pharmaceutical and Vaccine Manufacturing

Proceeds will enable the company to meet growing demand for its automated microbial detection platform, currently used by a majority of the top 20 global biopharmaceutical companies, and support new product development for pandemic response. Global investor syndicate is led by Ally Bridge Group, joined by Endeavour Vision, and existing investors including Bain Capital Life […]

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21 May, 2020

Ally Bridge Portfolio News – Atea Pharmaceuticals Announces IND Clearance of AT-527 for COVID-19 and $215 Million Financing

May 20, 2020 06:00 ET | Source: Atea Pharmaceuticals, Inc. Proceeds to support the clinical development of Atea’s oral, direct acting antiviral medicine for COVID-19, in addition to advancing its diverse pipeline of treatments for viral diseases Investigational new drug application cleared by U.S. Food and Drug Administration to start Phase 2 study of AT-527, Atea’s oral purine […]

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9 May, 2020

Ally Bridge Portfolio News – GRAIL Announces $390 Million Series D Financing

MENLO PARK, Calif. — (BUSINESS WIRE) — GRAIL, Inc., a healthcare company whose mission is to detect cancer early, when it can be cured, today announced a $390 million Series D financing round. New investors including Public Sector Pension Investment Board (PSP Investments) and Canada Pension Plan Investment Board (CPP Investments), as well as two […]

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6 May, 2020

Ally Bridge Group Leads Pulmonx’s $66mn Financing to Support Commercial Acceleration of the Zephyr Valve System

REDWOOD CITY, Calif.–(BUSINESS WIRE)–Pulmonx Corporation, a commercial-stage medical technology company that provides a minimally-invasive treatment for patients with severe emphysema, announces a $66 million financing led by Ally Bridge Group, a leading global life science investor. The financing also attracted new investors Adage Capital Management, HealthQuest Capital, Partner Fund Management, and Rock Springs Capital, as […]

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1 May, 2020

Ally Bridge Group Leads Vida Health’s $25mn Financing to Scale Network and Meet Increased Demand for Virtual Care

San Francisco, April 30, 2020 — Virtual healthcare platform, Vida Health, announced today that it raised $25 million in new funding to meet the increased demand for mental and physical virtual care. The funding was led by Ally Bridge Group (ABG), a leading global life science investment firm. Returning investors include Yahoo! founder Jerry Yang’s […]

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16 March, 2020

Ally Bridge Portfolio News – WuXi Biologics and Vir Biotechnology Announce Collaboration for Global Development of Antibodies to Treat COVID-19

SAN FRANCISCO and SHANGHAI, Feb. 25, 2020 /PRNewswire/ — WuXi Biologics (“WuXi Bio”) (2269.HK), a leading global open-access biologics technology platform company offering end-to-end solutions for biologics discovery, development and manufacturing, and Vir Biotechnology, Inc. (“Vir”) (Nasdaq: VIR) today announced a development and manufacturing collaboration to advance and produce human monoclonal antibodies for the potential treatment of Coronavirus Disease 2019 (COVID-19), a […]

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21 February, 2020

Ally Bridge Group leads $30 mln investment in Israel’s Mavrik Dental

JERUSALEM, Feb 18 (Reuters) – Israel’s Mavrik Dental Systems has raised $30 million in a funding round led by life sciences investment firm Ally Bridge Group (ABG), the companies said on Tuesday. Mavrik provides technologies for in-office dental treatment. Following ABG’s investment, Mavrik will move commercial operations to the United States while keeping its product […]

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19 February, 2020

Ally Bridge Group Leads US$70 million Investments in Two Israeli Life Science Companies over the Last 2 Months

TEL AVIV, Israel, HONG KONG and NEW YORK, Feb. 18, 2020 /PRNewswire/ — Ally Bridge Group (“ABG”), a leading global life science investment group, has announced that it recently led US$70 million investments in two Israeli life sciencecompanies over the last 2 months. Each of the two companies is a commercial-stage, leading innovator re-setting the standard of care in its respective area. They include: […]

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16 December, 2019

Ally Bridge Group Leads More Than US$140 million in Financings for Three New Medtech Investments, Bringing Total Ally Bridge-led Private Life Science Investments to Above US$500 million over the Last 18 Months

HONG KONG and NEW YORK, Dec. 16, 2019 /PRNewswire/ — Ally Bridge Group (“ABG”), a leading global life science investment group, has announced that it recently led investments in three new medical technology companies. Each of the three companies is a commercial-stage, leading innovator re-setting the standard of care in its respective category. They include: Imperative Care (Campbell, CA) — A […]

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