EyeBiotech Limited, a London, UK-based held ophthalmology biotechnology company, raised $65M in Series A funding.
The round was led by SV Health Investors with participation from Samsara BioCapital, Jeito Capital, and MRL Ventures.
The company will use proceeds from the Series A to assemble and develop a diversified pipeline of product candidates that combines scientifically compelling targets with innovative translational approaches.
Founded in August 2021 by David Guyer, M.D., and Anthony P. Adamis, M.D., working with collaborators at SV Health Investors, who provided seed funding and helped to recruit leadership and to initiate pipeline development, EyeBio is an ophthalmology biotechnology company dedicated to developing and delivering therapies to protect, restore, and improve vision in patients with sight-threatening eye diseases.
The EyeBio management team combines deep experience in ophthalmology with proven innovation and success in clinical development. Leadership includes:
- Sarah Milsom, Chief Operating Officer, who most recently was Vice President of Translation at Touchlight Genetics and has a background in life sciences strategy, development, and commercialization;
- Jonathan Prenner, M.D., Chief Medical Officer, a nationally recognized retinal specialist and current Clinical Professor and Chairman of the Department of Ophthalmology at Rutgers Robert Wood Johnson Medical School;
- Divya Chadha Manek, OBE, Senior Vice President of Clinical Development, who most recently was Director of Business Development and Marketing for the U.K.’s National Institute of Health Research (NIHR) Clinical Research Network. She also served as the clinical trials workstream lead with the U.K. Vaccine Taskforce (VTF) overseeing the U.K. COVID-19 vaccine clinical trials portfolio;
- Paul Stephens, Ph.D., Senior Vice President of Chemistry, Manufacturing, and Controls (CMC), who previously was Senior Director and Head of Antibody Biology at UCB and brings more than 35 years of experience in the biotechnology industry; and
- Sam Smart, Vice President of Finance, who most recently was Director of Operations at Artios Pharma and brings more than 25 years of experience in finance and operations.
The EyeBio Board of Directors is chaired by Kate Bingham, Managing Partner at SV Health Investors, who was most recently Chair of the U.K. Vaccine Taskforce (VTF). Other Board members include:
- Mike Ross, Ph.D., Managing Partner at SV Health Investors, where he has co-led the biotech franchise for more than 20 years, following more than 20 years in senior operating executive roles for leading biotechnology companies;
- Srinivas Akkaraju, M.D., Ph.D., Founder and Managing General Partner at Samsara BioCapital, with more than 20 years of experience in life sciences venture capital;
- Andreas Wallnoefer, Ph.D., Partner at Jeito Capital, who has extensive experience in the industry as a former member of the Roche R&D Executive Leadership team, where he was involved in several successful product developments, and subsequently as a biotech investor at BioMedPartners; and
- The two co-founders of EyeBio, Anthony P. Adamis, M.D., and David Guyer, M.D.
FinSMEs
22/02/2022