Varda Space Raises $187M to Make Medicines in Space

Varda Space just raised a whopping $187 million to take drug-making to the next level—literally. The company’s planning to produce key pharma ingredients in space, where zero gravity helps with things like crystallizing proteins. A new 10,000 sq. ft. lab in California will be planning which biologics should be sent to orbit. Varda’s already completed 3 space missions and aims for 4 more this year. They’re also building spacecraft in-house now and testing hypersonic tech for the U.S. military. The big goal? Solve tricky pharma problems and license out high-value patents.

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