With Varda Space, leading Silicon Valley players make big bet on making drugs in space

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Pharmaceutical scientists come up against a hard limitation here on Earth: gravity. Varda Space wants to change that.

The company has raised a massive new round to turn space into the “ultimate high ground” for the production of critical pharmaceutical components that can be brought back to Earth and used to make finished drugs. 

The company’s $187 million Series C funding round announced Thursday will be used to build out a new laboratory facility that could transform Varda’s orbital manufacturing process into a lucrative…



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With Varda Space, leading Silicon Valley players make big bet on making drugs in space


Pharmaceutical scientists come up against a hard limitation here on Earth: gravity. Varda Space wants to change that.

The company has raised a massive new round to turn space into the “ultimate high ground” for the production of critical pharmaceutical components that can be brought back to Earth and used to make finished drugs. 

The company’s $187 million Series C funding round announced Thursday will be used to build out a new laboratory facility that could transform Varda’s orbital manufacturing process into a lucrative…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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