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Windward Bio gets $165M to take China-derived drug into Phase 3 asthma trial

A Swiss biotech with two experimental medicines from China, plus an in-house discovery team, has brought in $165 million to advance into late-stage testing.

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A Swiss biotech with two experimental medicines from China, plus an in-house discovery team, has brought in $165 million to advance into late-stage testing.

The startup, Windward Bio, has raised a collective $365 million from a who’s who of investors since January 2025. Its backers include OrbiMed, Novo Holdings, SR One, Omega Funds, RTW, Qiming Venture Partners, Quan Capital, RA Capital, Sanofi Ventures and Harbour BioMed, among others.

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