3 years ago
Pheon Therapeutics Secures $68 Million Series A for ADC Development
Pheon Therapeutics, a London, UK-based Antibody Drug Conjugate company, has raised $68 million in Series A funding
The round was led by Brandon Capital, Forbion, and Atlas Venture, with participation from Research Corporation Technologies
Pheon Therapeutics is advancing a pipeline of monotherapies for novel targets and/or with novel payloads based on Antibody Drug Conjugates (ADCs)
The company intends to use the funds to advance its lead ADC program to clinical proof-of-concept and establish a pipeline of novel ADCs.
ProblemLife Sciences
"treating solid tumors and liquid cancers that have not responded to other treatments"
Solution
"developing a pipeline of monotherapies using Antibody Drug Conjugates (ADCs) for novel targets and/or with novel payloads"