VC-backed Editas Medicine hires CEO

Editas Medicine has hired Katrine S. Bosley as CEO. Previously, Bosley worked at Avila Therapeutics where she served as CEO. Based in Cambridge, Mass., Editas Medicine is a transformative genome editing firm. It is backed by Flagship Ventures, Polaris Partners, Third Rock Ventures and Partners Innovation Fund.

Clovis Oncology Signs $209 Million R&D Deal with Avila Therapeutics

Clovis Oncology has signed a development and commercialization agreement for Avila Therapeutics’ epidermal growth factor receptor (EGFR) mutant-selective inhibitor (EMSI) program, which is in pre-clinical development for the treatment of non-small cell lung cancer. Avila will receive up to $209 million in up-front and clinical milestone payments, plus possible royalty and sub-licensing fees.

Clovis Oncology last year raised $146 million in Series A funding from Domain Associates, New Enterprise Associates, Versant Ventures, Aberdare Ventures, Abingworth, Frazier Healthcare Ventures and ProQuest Investments. Avila Therapeutics has raised over $51 million from The Novartis Option Fund, Abingworth Management, Advent Venture Partners, Atlas Venture and Polaris Venture Partners.

Avila Therapeutics Raises $30 Million, Signs Novartis Deal

Avila Therapeutics Inc., a Waltham, Mass.-based covalent drug development company, has raised $30 million in Series B funding. The Novartis Option Fund led the round, and was joined by return backers Abingworth Management, Advent Venture Partners, Atlas Venture and Polaris Venture Partners. In related news, Avila has signed an option agreement with Novartis that could be worth a total of $200 million.

Avila Raises First Round

Avila Therapeutics Inc., a Waltham, Mass.-based drug company focused on cancer and viral diseases, has raised an undisclosed amount of Series A funding, according to VentureWire. Abingworth Management led the deal, and was joined by Advent Venture Partners, Atlas Venture and Polaris Venture Partners.

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