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Osanni Bio raises $190M to advance ophthalmology and cardiology pipeline, including dry AMD candidate

on June 24, 2026

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Osanni Bio has closed a $190 million Series B financing led by Patient Square Capital to advance its pipeline in ophthalmology, cardiology, and beyond.

The funding will support clinical development of its lead candidate for dry age‑related macular degeneration (dry AMD) and help bring six other preclinical assets into the clinic.

Osanni is adopting a hub‑and‑spoke model, with pipeline programs spun off into focused affiliate companies ('Avians') once they reach key milestones.

Sources:

Discreet biotech Osanni Bio starts making noise with $190M

Osanni Bio Closes $190 Million Series B Financing Led by Patient ...

The Future Outlook of Dry AMD One Disease or Many

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So excited to finally announce my latest company, Osanni Bio! We are focused on bringing the best of biotech to bear on sight-threatening retinal diseases. It's going to be a hell of a lot of fun… | D. Michael Ackermann | 72 comments

Aves Cardiology discipline Ophthalmology specialty Osanni Bio Patient Square Capital pipeline Series B

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