How Much Did agtc Raise?
Funding & Key Investors

Applied Genetic Technologies (AGTC) has solidified its position within the competitive biotechnology landscape, securing a total capital infusion of $124.5M. This financial trajectory, punctuated by a recent strategic investment of $74.5M, underscores the market confidence in the firm's proprietary gene therapy platform. By leveraging these resources, the Alachua-based entity continues to advance its clinical-stage pipeline, targeting high-unmet-need conditions within the ophthalmology sector.

What is agtc?

agtc
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Founded in 1999, AGTC operates as a specialized clinical-stage biotechnology firm dedicated to the development of transformative gene-based therapies. The company distinguishes itself through a robust, proprietary platform designed to address severe, rare diseases that have historically lacked effective treatment options. By focusing on ocular health, AGTC occupies a critical niche in the life sciences market, bridging the gap between foundational genetic research and commercial-ready therapeutic applications. Their operational model emphasizes rigorous clinical validation, ensuring that their pipeline remains aligned with evolving regulatory standards and patient requirements in the ophthalmology space.

How much funding has agtc raised?

agtc has raised a total of $124.5M across 2 funding rounds:

2014

Stock Offering

$50M

2021

Stock Offering

$74.5M

Stock Issuance/Offering (2014): $50M, investors not publicly disclosed

Stock Issuance/Offering (2021): $74.5M, investors not publicly disclosed

Key Investors in agtc

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for agtc?

With the recent influx of capital, AGTC is well-positioned to accelerate its clinical development programs and expand its research capabilities. The strategic deployment of these funds will likely focus on scaling manufacturing processes and advancing late-stage clinical trials, which are essential for regulatory approval and eventual market entry. As the company transitions further into its growth phase, the focus will shift toward optimizing its therapeutic delivery mechanisms and exploring potential partnerships to enhance its commercial reach. Investors and industry stakeholders will be monitoring the firm's ability to translate its genetic research into scalable, patient-centric solutions that address the complexities of severe ophthalmic diseases.

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Frequently Asked Questions Regarding agtc Financial Insights

What are the most recent funding rounds that agtc has completed, and what were the funding rounds?
agtc has recently completed 2 funding rounds: Stock Offering on Feb 1, 2021, Stock Offering on Mar 26, 2014.
What is the total amount of funding agtc has raised to date?
agtc has raised a total of $124.5M in funding to date.
How many funding rounds has agtc completed?
agtc has completed 2 funding rounds.
How much funding did agtc raise in its most recent funding round?
agtc raised $74.5M in its most recent funding round.
Which was the largest funding round in agtc's history?
The largest funding round in agtc's history was $74.5M.
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