Top 10 Pharma Drug Discovery Delivery Capital Raises and Investors in the U.S. – July 1st – 31st, 2026
Several interesting transactions closed in the Pharma Drug Discovery Delivery sector over the past month. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
PIPE
- BridgeBio Pharma, transformative treatments for patients with genetic diseases, received $1 billion of development capital from HCRx and Sixth Street Partners.
Buyout/LBO
- Obagi Cosmeceuticals, skin care products that prevent the early signs of skin aging, was acquired by Bridgepoint Group through a $460 million LBO.
- PANTHERx Rare, a pharmacy company that specializes in rare and specialty diseases, was acquired by Warburg Pincus and Abu Dhabi Investment Authority through a $7 billion LBO.
Merger/Acquisition
- Nuvalent, precisely targeted therapies for patients with cancer, was acquired by GSK for $9.781 billion.
- Xoma, a biotechnology royalty aggregator that helps biotech companies achieve their goal of improving human health, was acquired by Ligand Pharmaceuticals for $870.55 million.
Later Stage VC
- AdvanCell, radiopharmaceutical therapies that treat cancer using targeted alpha-emitting radionuclides, raised $315 million of Series D venture funding.
Early Stage VC
- Crystalys Therapeutics, develops and commercializes dotinurad, a next-generation inhibitor for the treatment of gout, raised $130 million of Series B venture funding in a deal led by Frazier Healthcare.
- Dash Bio, clinical bioanalysis platform that offers tech-enabled services for drug development, raised $30 million of Series A venture funding.
- Lynch Regenerative Medicine, regenerative medicine products that promote skin rejuvenation and tissue regeneration, raised $15 million of venture funding.
Seed Round
- Accipiter Biosciences, biotechnology platform that engineers de novo biologics for the treatment of complex diseases, raised $10.49 million of Seed-2 funding.
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Raheem Suleman
Managing Director
Over two decades of experience in capital markets across capital raising, FX, futures, and stocks. Expertise in both business and technical aspects of trading and relationship management. Valuable insights into Asian and Middle Eastern capital markets. Broad understanding of the financial markets, and the insurance and reinsurance sectors. Extensive experience in the hospitality industry, managing multiple properties with responsibilities ranging from capital raising to daily operations. Completed the executive education program in private equity at the Wharton School. B.S. in Economics and Finance from the University of Waterloo. FINRA Series 7 and 63 licensed.
- Email: rsuleman@castleplacement.com
- (C) (646) 852-8007
Please contact me if you have any questions or would like to discuss your capital raise:
Email: rsuleman@castleplacement.com
(C) (646) 852-8007
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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement® does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.







