Sionna Therapeutics launches with $111 million Series B financing
Boston, USA-based Sionna Therapeutics, a life sciences company founded in 2019 to develop highly effective and differentiated treatments for cystic fibrosis (CF), has announced the official launch of the company and the closing of a $111 million Series B financing.
The round was led by OrbiMed with participation from funds advised by T Rowe Price Associates, Q Healthcare Holdings, the sovereign wealth fund of Qatar, and previous investors including RA Capital, TPG’s The Rise Fund, Atlas Venture, and the Cystic Fibrosis Foundation. Sionna has raised about $150 million to date.
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