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Good morning. I’m still in denial that it’s the first day of October, but alas we have some biotech news to get to.
Atlas, Bain raise $400 million for new obesity startup
Atlas, Bain, and RTW Investments announced this morning that they have co-led a $400 million Series A financing for a new obesity startup called Kailera Therapeutics. It’s one of the largest Series A rounds in the biotech industry this year, and speaks to just how much attention obesity drugs have garnered from investors.
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