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OrsoBio Inks Oversubscribed $67 Million Series B

2024-09-06
MENLO PARK, CA, OrsoBio, a clinical-stage biopharmaceutical company, announced the close of an oversubscribed $67 million Series B financing.
OrsoBio, a clinical-stage biopharmaceutical company developing treatments for obesity and obesity-associated disorders, today announced the close of an oversubscribed $67 million Series B financing. The financing was co-led by new investors Ascenta Capital and Woodline Partners LP, with significant participation from existing investors Samsara Biocapital, Longitude Capital, Enavate Sciences, NuevaBio, and Eli Lilly and Company.
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