Finance Watch: Investors Can't Get Enough Of NASH, Including Start-Ups With Novel Drugs

Terns raised an $80m Series B round for NASH and cancer programs, while 89Bio launched with a $60m Series A to fund drugs for NASH and other liver and metabolic diseases. Also, Stoke leads recent VC deals with $90m Series B.

Finance Watch

Investors can't seem to get enough of biopharmaceutical companies developing drugs for non-alcoholic steatohepatitis (NASH), an indication with potentially millions of patients, no approved therapies and a growing list of players vying for a piece of the pie, including recently funded Terns Pharmaceuticals Inc. and 89bio.

Terns Pharmaceuticals, operating from San Mateo, Calif. and Shanghai, China, revealed an $80m Series B venture capital round on Oct....

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