What is Replimune?
Replimune Group, based in Massachusetts, is a pioneering biotechnology firm dedicated to developing advanced immunotherapies for cancer. The company's core focus lies in enhancing the anti-tumor effects of patient-specific immunotherapies and bolstering the immune system's overall response. By concentrating on improving both the chosen immunotherapy and the patient's immune system potency, Replimune aims to deliver more effective and targeted cancer treatments. Its work is at the forefront of immuno-oncology, seeking to transform patient outcomes.
How much funding has Replimune raised?
Replimune has raised a total of $376M across 5 funding rounds:
Series A
$30M
Series B
$55M
Stock Offering
$111M
Stock Offering
$80M
Stock Offering
$100M
Series A (2015): $30M with participation from Forbion, Atlas Ventures, and Omega Funds
Series B (2017): $55M led by Forbion, Cormorant Asset Management, Foresite Capital, Omega Funds, Atlas Venture, Bain Capital, Redmile Group, and Leerink Partners
Stock Issuance/Offering (2018): $111M supported by Undisclosed
Stock Issuance/Offering (2019): $80M featuring Undisclosed
Stock Issuance/Offering (2020): $100M backed by Undisclosed
Key Investors in Replimune
Forbion
Forbion is a leading European venture capital firm that helps companies bridge research and development through the team’s expertise in drug development and company building. Forbion is signatory to the United Nations Principles for Responsible Investment further demonstrating the company's philosophy that investments in companies should positively impact the health and well-being of patients.
Atlas Ventures
Atlas Venture is a pioneering early-stage venture capital firm focused on creating and building breakthrough biotechnology companies that translate cutting-edge science into life-changing medicines. The firm partners with exceptional life science entrepreneurs to support the launch and growth of innovative biotech startups. With a deep commitment to advancing medical innovation, Atlas Venture helps transform promising scientific discoveries into real-world health solutions. Its team brings seasoned expertise and strategic insight to nurture emerging ventures across the biotech landscape.
Omega Funds
Richard joined Omega Funds in 2008. His career spans 25 years in private equity investing and strategic consulting, all within life science and healthcare. At Omega, he is a member of the firms investment committee and acts as President of Omega Fund Management LLC; his primary investment focus is in drug discovery and development companies, and is actively involved in the firms secondary buyout practice and investments in academic spinouts. Previously, Richard was a General Partner at MVM Life Science Partners, a life science-focused venture capital firm, where he founded the firms US investment operations. He was previously a Vice President at Saunders, Karp & Megrue (SKM), where he specialized in healthcare growth capital and leveraged buyout transactions. Prior to SKM, now known as Apax Partners Inc., Richard was a Manager at LEK Consulting, providing strategic advice to life science companies; he consulted for more than three dozen small and large biotechnology firms. He was also an Associate with the M&A investment bank BT Wolfensohn. He has served on a number of boards of biotechnology, specialty pharmaceutical, and medical device companies. He serves on the advisory boards of the Deshpande Center at the Massachusetts Institute of Technology. Richard earned his AB and MBA degrees from Harvard University. Claudio joined Omega Funds in 2016. In addition to managing NeoMeds funds, Claudio assists with and advises on new investments for Omega and sits on the investment committee. Claudio joined NeoMed in 2001 and became a Partner in 2004. He has over 15 years experience of venture capital investing in healthcare in Europe and the US. Prior to NeoMed, Claudio was a Venture Partner with Genevest Consulting Group SA, Geneva. He has academic research experience in molecular biology from the Max Planck Institute and the University of Connecticut. Claudio has an MBA from Erasmus University, the Netherlands and a PhD degree in Genetics from the University of Pavia, Italy. Anne-Mari joined Omega Funds in 2009 ...
What's next for Replimune?
The recent major strategic investment in Replimune signals a critical phase of scaling and development. This capital infusion is expected to accelerate the company's research and development pipeline, potentially enabling the advancement of its lead therapeutic candidates through clinical trials and towards commercialization. The company's focus on innovative immunotherapies positions it to capitalize on the growing demand for advanced cancer treatments, with future growth likely driven by successful clinical outcomes and strategic partnerships within the pharmaceutical and biotech industries.
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