6 years ago
Achilles Therapeutics Secures £100 Million in Series B Funding for Personalized Cancer Immunotherapy
Achilles Therapeutics, a UK-based biopharmaceutical company developing personalized cancer immunotherapies, raised £100 million in Series B financing
The round was led by RA Capital Management, with participation from Syncona Investment Management Limited, Forbion, Invus, Perceptive Advisors and Redmile Group
The company plans to use the funds to conduct two human proof-of-concept studies using a personalized T cell therapy approach targeting clonal neoantigens in non-small cell lung cancer and melanoma
The financing will also enable Achilles to continue building out its manufacturing capabilities and broaden its solid tumor pre-clinical product pipeline.
ProblemBiotechnology
"Cancer treatment resistance led to significant unmet medical need in non-small cell lung cancer and melanoma"
Solution
"Personalized T cell therapies targeting clonal neoantigens in solid tumours using PELEUS™ bioinformatics platform"