Back Bay Life Science Advisors

The DNB//Back Bay Partnership’s #MarketUpdate report for the week ending July 12th is now available. Highlights include:    ➡️ US equities finished the week with minor gains as a better-than-expected CPI print further increased the likelihood of rate cuts     ➡️ Eli Lilly and Company completed its first acquisition of 2024, buying Morphic Therapeutic and their pipeline of oral integrin drugs targeting chronic diseases for a total of $3.2B, representing a 77% premium to Morphic’s average share price in the ten days prior to the announcement     ➡️ Myricx Bio continued the trend of biotech mega-rounds in 2024, closing a Series A for $115.3M backed by Novo Holdings and Abingworth    Read the full update here: https://bit.ly/4d0zFe6     #healthcaremarket #investmentbanking #corporatebanking #marketsinc #markettrends #financing #BBLSA #DNB 

The DNB//Back Bay Partnership’s #MarketUpdate report for the week ending June 28th is now available. Highlights include:    ➡️ US equities slipped slightly as new personal consumption expenditure (PCE) data did not alter market expectations surrounding the timing of Fed interest rate cuts    ➡️ Alnylam Pharmaceuticals reported positive topline results from the highly anticipated HELIOS-B trial in ATTR-CM, prompting the market cap to appreciate $11B over the week; competitor BridgeBio, which is testing a therapeutic within ATTR-CM, shed $1B in market cap the day of the HELIOS-B readout     ➡️ Zealand Pharma, a company focused on metabolic diseases, raised $1B in a PIPE, making it the largest PIPE in the past three quarters    ➡️ Two clinical-stage AI drug discovery companies, Recursion Pharmaceuticals, and Formation Bio, raised $200M and $372M, respectively, illustrating continued strong capital flows toward AI    ➡️ Venture financing over this last quarter showed the largest amount of capital flow since Q1 2022, emphasizing the ongoing belief in restoring resilience in private financing within the life sciences    Read the full update here: https://bit.ly/3XSVV5v     #healthcaremarket #investmentbanking #corporatebanking #marketsinc #markettrends #financing #AI #drugdiscovery #therapeutics #BBLSA #DNB

We're excited to support The Food Project at West Cottage Farm this year, ensuring they have a bountiful harvest. The fruits and vegetables grown will be sold at discounted rates to the local Dorchester community throughout the summer, helping families through SNAP/HIP programs and working to reduce health inequity.    A special shout-out to our new interns, Alexa Gilbert, John S. Rogers, and Caroline Schuldt, for quickly “getting into the weeds” and making a meaningful impact here at Back Bay! Your hard work and dedication are truly commendable.    #Givingback in the Greater Boston area is a vital part of our #companyculture at #BBLSA, and we're looking forward to our community-focused activities for 2025!    #CSR #CommunitySupport #LocalFarming #HealthEquity #SNAP #HIP #BackBayTeam #InternsMakingADifference 

Say hello to Caroline Schuldt, our newest summer intern!     Caroline is from St. Louis, MO, and is a rising junior at the University of Pennsylvania, where she is majoring in Philosophy, Politics & Economics with a minor in Consumer Psychology.    Caroline is a true powerhouse both in and out of the classroom. She competes on the D1 Women’s Rowing team and recently showcased her skills at the National Championships. Balancing academics and athletics is no easy feat, and Caroline manages it with grace and determination, while working two jobs on campus and participating in the Wharton Leadership Academy.  In her free time, Caroline enjoys running, cycling, painting, and nannying. Her dedication and diverse interests are truly inspiring.    Join us in welcoming Caroline and wishing her an incredible journey with us!    #SummerIntern #LifeSciences #Research #Innovation #TeamGrowth #CareerDevelopment

We are thrilled to host the 9th Annual Nordic-American Healthcare Conference in NYC on March 26-27, 2025, with our partners at DNB!     NAHC is a premier platform uniting large and mid-cap public and private IPO-ready US and Nordic life science companies.    The 2025 conference will feature sessions on rare diseases, cardiovascular and metabolic disorders, oncology, and medtech.     Join us for in-depth panel discussions exploring key industry topics.    A heartfelt thank you to Nasdaq for your unwavering support over the years. We deeply appreciate your continued partnership.    Stay informed with the latest updates by visiting our website: https://lnkd.in/e6HM7tfu    Innovation Norway Business Sweden Shearman & Sterling LLP  

We are excited to welcome John S. Rogers as a new intern at #BBLSA. John is a rising senior at Northwestern University, majoring in economics and math, with a certificate in financial economics. He brings a strong passion for the intersection of life sciences and finance to our team.    John's previous experiences include internships at Allen & Company LLC. during his freshman summer, the Northwestern Endowment in his sophomore summer, and Rhaeos, a medtech startup, during his sophomore school year. Additionally, he serves as the president of Northwestern Capital Management, an asset management club on Northwestern's campus.    Outside of academics, John has a lifelong love for tennis and enjoys playing the piano as a hobby. Recently, he has taken up running and is training for a half marathon in the fall.    We look forward to the energy and expertise John will bring to our team at Back Bay Life Science Advisors!    #SummerIntern #LifeSciences #Research #Innovation #TeamGrowth #CareerDevelopment 

DNB//Back Bay was happy to support and take part of the 5th Norwegian Life Science Investor Partnering Day!     We always enjoy collaborating with The Life Science Cluster and look forward to many more exciting opportunities together.     #LifeScience #Innovation #InvestorInsights #BBLSA #DNB  

The DNB//Back Bay Partnership’s #MarketUpdate report for the week ending June 14th is now available. Highlights include:    ➡️ Markets continue to rally as the S&P 500 and the Nasdaq finished with their seventh positive week out of last eight thanks to a promising inflation readout and softer-than-expected employment data ➡️ Tempus AI made headlines with their $410.7M IPO, the second largest IPO this year for a US based biotech company behind CG Oncology, on the NASDAQ to further build out their capabilities in precision medicine and AI    ➡️ Catalyzed by their “impressive” results in a Phase I/II trial targeting a rare form of muscular dystrophy, Avidity Biosciences, Inc. raised $401M in a follow-on offering to fund the continued development of their antibody oligonucleotide conjugate (AOC) assets targeting several therapeutic areas    Read the full update here: https://bit.ly/3yY4dhN     #healthcaremarket #investmentbanking #corporatebanking #marketsinc #markettrends #financing #AI #biotech #therapeutics #BBLSA #DNB 

Are you contemplating taking your healthcare company public or embarking on what seems like an overwhelming journey?    Tune in to the latest episode of the DNB//Back Bay Healthcare Market podcast series, featuring expert insights from Marc Recht of Cooley LLP. Marc shares invaluable advice from his extensive experience, making this a must-listen for anyone navigating the path to going public.    Listen to the full episode here ➡️ https://bit.ly/3KjEYZP    #Healthcare #PodcastAlert #MarketInsights #PublicOffering #FinancialServices #CapitalMarkets #BuisnessStrategy #BBLSA #DNB #CooleyLLP

Please join us in welcoming Alexa Gilbert, our newest summer intern!    Alexa Gilbert is an incoming senior at Tufts University, pursuing a BS/MS in Biology. She is passionate about microbiome research, therapeutic development for allergies and autoimmune disorders, and the immuno-oncology clinical landscape. Alexa has previously held internship roles at Xilio Therapeutics, Inc. and Tessera Therapeutics, where she gained experience in business development, corporate strategy, and lab-based positions.     In addition to her interests in the #biotechnology industry and academic research, Alexa is a professional food photographer, co-director of Tufts’ hip-hop dance team, and a member of the Tufts alpine ski team. This summer, she is incredibly excited to join #BBLSA as a consulting intern!    #SummerIntern #LifeSciences #Research #Innovation #TeamGrowth #CareerDevelopment