Verge Genomics

Verge Genomics Secures $98 Million in New Financing

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星期四, 十二月 16, 2021

Verge Genomics, a tech-enabled drug discovery company pioneering the use of artificial intelligence (AI) and human data to develop new drugs, announced today it has closed an oversubscribed $98 million equity financing.

Key Points: 
  • Verge Genomics, a tech-enabled drug discovery company pioneering the use of artificial intelligence (AI) and human data to develop new drugs, announced today it has closed an oversubscribed $98 million equity financing.
  • Verge has built an end-to-end, AI-driven drug discovery platform that includes one of the fields largest proprietary genomic datasets from human brain tissue.
  • Verge has built an end-to-end drug discovery and development platform, featuring one of the fields largest and most comprehensive proprietary patient genomics datasets in neuroscience.
  • www.merckghifund.com
    Shumaker, Loop & Kendrick LLP and Green Shoots Consulting, LLC acted as advisors to Merck GHI in connection with the Verge Genomics transaction.

Verge Genomics Presents Preclinical Data Supporting Broad-Spectrum Potential of Its Novel, Oral Antiviral at the 31st European Congress of Clinical Microbiology & Infectious Diseases

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星期三, 七月 7, 2021

The results will be presented at the 31st European Congress of Clinical Microbiology & Infectious Diseases (ECCMID) online meeting being held July 9-12, 2021.

Key Points: 
  • The results will be presented at the 31st European Congress of Clinical Microbiology & Infectious Diseases (ECCMID) online meeting being held July 9-12, 2021.
  • There remains an urgent need for oral antiviral treatments for SARS-CoV-2 and its variants, said Alice Zhang, CEO and Co-Founder of Verge Genomics.
  • Verge has demonstrated potent antiviral activity in vitro and improvement of SARS-CoV-2-induced pathology in vivo by the PIKfyve inhibitor, VRG101.
  • Verge is focused on developing therapeutics for serious genetic diseases using human genomics and machine learning.