Wilson Sonsini - ECP

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Wilson Sonsini Advises RA Capital Management on Rivus Pharmaceuticals’ $132 Million Series B

  • 09/26/22
  • Client Highlights
  • Biotech
  • Life Sciences

On September 22, 2022, Rivus Pharmaceuticals, a clinical-stage biopharmaceutical company dedicated to improving cardio-metabolic health, announced the completion of a $132 million Series B financing led by RA Capital Management with participation from Bain Capital Life Sciences, BB Biotech AG, and existing investors Longitude Capital, Medicxi, and RxCapital. Wilson Sonsini Goodrich & Rosati advised RA Capital in the transaction.

Funds from the Series B will primarily be used to further support clinical advancement of lead candidate HU6, a first-in-class Controlled Metabolic Accelerator (CMA) designed to treat cardio-metabolic disease by addressing obesity, a primary driver of disease.

The Wilson Sonsini team that advised RA Capital on the transaction includes:

Jennifer Fang
Amanda Creedon
Elke Trilla

Patents and Innovations
Mike Hostetler
Deborah Smith
Celine Bonnefous

Eva Yin

Technology Transactions
Morgan Brown

For more information, please see Rivus Pharmaceuticals' news release.

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