5 years ago
Amphista Therapeutics Raises $7.5 Million for Oncology Pipeline Advancement
Amphista Therapeutics, a Glasgow, Scotland-based biopharmaceutical company, has secured $7.5 million in Series A funding led by Advent Life Sciences
The funding will be used to advance Amphista's oncology pipeline to the clinic
The company's technology focuses on developing cancer therapeutics that harness the body's natural processes to degrade and remove disease-causing proteins.
ProblemHealthcare
"Current cancer therapies are often ineffective or have harmful side effects because they target the wrong proteins or cannot reach the target protein effectively."
Solution
"Amphista Therapeutics has developed a new platform that uses small molecules to specifically target and degrade disease-causing proteins. This allows for more precise and effective cancer treatment with fewer side effects."