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Ankyra Therapeutics Announces $45 Million Series B Financing And Appoints Howard L. Kaufman M.D. As Chief Medical Officer

Nov 12, 2021almost 4 years ago

Amount Raised

$45 Million

Round Type

series b

Boston

Description

Ankyra Therapeutics, a company developing cancer therapies based on tumor localized immune potentiating agents that boost anti-tumor immune responses, today announced the closing of a $45 million Series B financing. Proceeds from the financing will be used to progress Ankyra’s lead molecule, ANK-101 through Investigational New Drug (IND) enabling studies and into Phase 1 clinical trials, as well as advance additional cytokine programs.

Company Information

Company

Ankyra Therapeutics

Location

Boston, Massachusetts, United States

About

Ankyra Therapeutics is a biotechnology company that has developed a highly differentiated technology platform that expands the therapeutic window of cytokine drugs by forming a stable depot in the tumor after local administration leading to prolonged immune activation and potent local and systemic immunity with reduced systemic toxicity.

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