3 years ago
CV6 Therapeutics Raises $9.2 Million to Advance Cancer Treatment
CV6 Therapeutics, a Belfast-based drug development biotechnology company, has secured $9.2 million in funding
Backers include QUBIS, Invest Northern Ireland, CoFund NI, and Techstart Ventures
The company plans to use the funds to advance its oncology asset CV6-168 into a Phase 1a clinical trial and continue scientific development work
CV6-168 is a unique cancer therapeutic that targets uracilation of cancer cell DNA, leading to cell death and immune system stimulation.
ProblemHealthcare
"Cancer is a major global health problem, and there is a need for new and effective therapies to treat it."
Solution
"CV6 Therapeutics is developing a new drug, CV6-168, which is a small molecule therapeutic that targets uracilation in cancer cells. This drug has shown promising results in preclinical studies and is now moving into a Phase 1a clinical trial."