7 years ago
Crescendo Biologics Secures $70M in Series B to Advance Cancer Treatment
Crescendo Biologics, a UK-based developer of multi-functional biologics, has raised $70 million in Series B financing
The round was led by Andera Partners with participation from Biodiscovery V, Quan Capital, Sofinnova Partners, IP Group, EMBL and Takeda Ventures
The company plans to use the funds to advance its lead program, CB307, into clinical trials and expand its internal pipeline of products.
ProblemHealthcare
"making cancer treatments more effective by amplifying the body's immune response"
Solution
"developing multi-functional biologics that stimulate the local activation of tumour-specific T-cells, leading to enhanced tumour control and reduced systemic side effects"