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BioWorld - Saturday, February 7, 2026
Home » Topics » Private » Series B

Series B
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Ros Deegan, CEO, Omass Therapeutics

No ‘easy targets’ for Omass, which adds $95M series B for small-molecule work

April 28, 2022
By Nuala Moran
Omass Therapeutics Ltd. has raised £75.5 million (US$94.6 million) in a series B round, as it continues to advance five small-molecule programs against previously intractable membrane-bound targets to the clinic.
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Gold dollar sign

Ashvattha lands $69M series B, Huadong licensing deal

April 27, 2022
By David Ho
Ashvattha Therapeutics Inc. secured $69 million in a series B financing that it said will strengthen its ability to develop hydroxyl dendrimer-based medicines and accelerate efforts to advance its candidates to the clinic.
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Newco news

On heels of $70M series B round, China’s Medilink Therapeutics poised to enter clinic with ADC pipeline

March 29, 2022
By Tamra Sami
After securing $70 million in series B funding, Chinese biotech Medilink Therapeutics Co. Ltd. is gearing up to enter the clinic with its next-generation antibody-drug conjugates (ADCs).
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Antibody-drug conjugate
Newco news

On heels of $70M series B round, China’s Medilink Therapeutics poised to enter clinic with ADC pipeline

March 28, 2022
By Tamra Sami
After securing $70 million in series B funding, Chinese biotech Medilink Therapeutics Co. Ltd. is gearing up to enter the clinic with its next-generation antibody-drug conjugates (ADCs).
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Spotlight raises $36.5M to advance non-viral gene editing tech, lead I-O program

March 22, 2022
By Michael Fitzhugh
Spotlight Therapeutics Inc., a company developing cell-targeted in vivo CRISPR gene editing biologics, has raised $36.5 million in series B financing to support advancement of its first-in-class immuno-oncology program and further applications of its in-house technology platform. The financing round was co-led by new investors GordonMD Global Investments and Epiq Capital Group, with participation from Magnetic Ventures, as well as existing investors GV, Emerson Collective and others.
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Lungs

Kither developing therapies for cystic fibrosis, IPF with €18.5M series B

March 16, 2022
By Nuala Moran
While full details of the underlying science are due to be published in a peer reviewed journal, Kither Biotech Srl has announced its closure of an €18.5 million (US$20.4 million) series B financing with which it aims to translate its approach to rare respiratory diseases into the clinic.
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Precirix closes €80M series B with plans to complete phase II cancer trial

March 16, 2022
By Nuala Moran
Targeted radiopharmaceutical specialist Precirix NV has closed an €80 million (US$87.8 million) series B financing, enabling it to complete phase II development of CAM-H2, a potential treatment for HER2-positive metastatic breast cancer and gastric cancer. The round follows initial data showing there were no dose limiting toxicities in the first cohort of patients in the phase I/II trial, and a positive review from the safety committee.
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Coins and charts

Inxmed raises $50M to develop cancer therapy in the US, China

March 15, 2022
By Doris Yu
Inxmed Co. Ltd. has raised $50 million in a series B round to support clinical trials of its lead candidate, IN-10018, for the treatment of multiple cancers in both the U.S. and China. Inxmed plans to use the funds to invest in trials of IN-10018, bring more stroma-targeting candidates into clinic trials, and improve the firm’s R&D capabilities.
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Coins and charts

Inxmed raises $50M to develop cancer therapy in the US, China

March 9, 2022
By Doris Yu
Inxmed Co. Ltd. has raised $50 million in a series B round to support clinical trials of its lead candidate, IN-10018, for the treatment of multiple cancers in both the U.S. and China. Inxmed plans to use the funds to invest in trials of IN-10018, bring more stroma-targeting candidates into clinic trials, and improve the firm’s R&D capabilities.
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Feyi Ayodele and Olufunmilayo Olopade

Cancer IQ nets $14M for cancer screening software

March 7, 2022
By Catherine Longworth
Investors are backing precision medicine company Cancer IQ Inc. with $14 million to expand use of its cancer prevention platform. The series B funds will be used to scale the company’s cancer screening service among diverse, uninsured, and rural populations in the U.S.
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