InduPro Announces $85 Million Series A Financing, Appoints Prakash Raman, Ph.D. as CEO to Advance Next-Generation, Proximity-Based Protein Therapeutics for the Treatment of Cancer and Auto...
Merck & Company, Inc. (new) (MRK)
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Source: Yahoo! Finance
Series A proceeds fund advancement of the Company's lead programs to clinical readiness and the identification of additional candidates Dr. Raman, a seasoned industry veteran previously of Novartis and Flagship Pioneering, joins as CEO to advance InduPro pipeline SEATTLE and CAMBRIDGE, Mass. June 13, 2024 /PRNewswire/ InduPro, Inc., a biotechnology company defining protein spatial relationships to create novel therapeutics for the treatment of cancer and autoimmune diseases, today announced an $85 million Series A financing co-led by The Column Group and Vida Ventures with participation from investors, including MRL Ventures Fund (the therapeutics-focused venture fund of Merck & Co, Inc.), Emerson Collective and Euclidean Capital. The financing will support the advancement of the first expected clinical product candidate targeting cancer tissue based on the proximity of co-targeted pairs, from preclinical development to an expected IND filing in Q4 2025 for a Phase 1 clinical tri
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- 4/25/24 - Beat
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Sec Filings
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