Ottimo Pharma Strengthens Leadership Team With Industry Veterans Rick Anderson As Svp Finance, Spencer Fisk As Chief Technical and Quality Officer, and Ling Zeng As General Counsel and Evp of Execution
Ottimo Pharma Strengthens Leadership Team With Industry Veterans Rick Anderson As Svp Finance, Spencer Fisk As Chief Technical and Quality Officer, and Ling Zeng As General Counsel and Evp of Execution
12/20/24, 10:42 AM
Location
bostonIndustry
biotechnology
Position
vice president
Ottimo Pharma announces the completion of a Series A financing round of over $140 million led by OrbiMed, Avoro Capital, and Samsara BioCapital. With this financing, Ottimo Pharma will accelerate the lead asset, Jankistomig, a first-in-class PD1/VEGFR2 bifunctional antibody for multiple solid tumor indications.
Company Info
Location
boston, massachusetts, united states
Additional Info
Ottimo Pharma is a private biotechnology company, co-founded in 2020 by Medicxi and Jonny Finlay, focused on the development of pioneering innovative cancer therapies for solid tumors. The Company's lead program, Jankistomig, is a PD1-VEGFR2 bi-functional antibody designed to target both immune checkpoint inhibition and angiogenesis in a single IgG therapy. By advancing this dual-pathway approach, Ottimo Pharma aims to improve cancer treatment outcomes and reduce overall healthcare burden. The Company boasts a world-class leadership team, including David Epstein as Chair and CEO, Mehdi Shahidi as Head of Development and CMO, and James Sabry as Vice-Chair of the Board. Ottimo Pharma anticipates filing an IND in late 2025.
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