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Business

Prevail raises big money for Parkinson’s

by Ryan Cross
March 19, 2018 | A version of this story appeared in Volume 96, Issue 12

In another impressive first round of funding for a New York City biotech firm, Prevail Therapeutics has raised a $75 million series A. Prevail launched with seed funding last year to develop adeno-associated virus (AAV)-based gene therapies for neurodegenerative diseases related to lysosomal dysfunction, including a subset of Parkinson’s disease. Prevail will use Regenxbio’s AAV9 vector, which targets the nervous system.

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