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Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent

Xconomy

and San Diego’s Avalon Ventures. Stengone said the new funding also will help the company evaluate the use of AVB-620 in other types of cancer surgery, to advance new cancer drugs that rely on Avelas’ proprietary technology, and to expand the company’s current roster of “seven employees and an army of consultants.”.

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Bio Roundup: CAR-T & Migraine Races, Intra-Cellular, Rockefeller & More

Xconomy

—Xconomy’s Jeff Buchanan reported from a panel at BioForward in Wisconsin , where biotech executives discussed the implications of last week’s controversial approval of Sarepta Therapeutics’ (NASDAQ: SRPT ) eteplirsen (Exondys 51) for Duchenne muscular dystrophy.

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