Arix Bioscience plc’s portfolio company Aura completes $40 million Series D financing

  • Arix’s total interest in Aura increases to £8.5 million from £3.9 million
  • Arix commits $4.5million (£3.4 million[1]) to increase its stake to 7.7%
  • Proceeds to be used to support late stage clinical development; Phase 3 trial expected to start in H1 2020

LONDON, 2 April 2019: Arix Bioscience plc (“Arix”, LSE: ARIX) a global venture capital company focused on investing and building breakthrough biotech companies, today announces that it has committed $4.5 million (£3.4 million1) to the $40 million (£31 million) Series D financing (“the financing”) of Aura Biosciences (“Aura”), a leader in the development of novel targeted therapies in ocular oncology.

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