Indapta Therapeutics Names Mark W. Frohlich, M.D., Chief Executive Officer And Raises Over $50 Million In Series A Financing And Commitments To Advance Development Of G-Nk Cell Therapy To Treat Multiple Types Of Cancer

Indapta Therapeutics, Inc., a privately held biotechnology company developing an NK (natural killer) cell therapy platform for the treatment of blood and solid tumor cancers, today announced it has appointed Mark W. Frohlich, M.D., chief executive officer and raised over $50 million in Series A financing and commitments co-led by RA Capital Management, LP, Vertex Ventures HC and Leaps by Bayer, the impact investment arm of Bayer AG. The Myeloma Investment Fund, the venture philanthropy subsidiary of the Multiple Myeloma Research Foundation, and Lonza also participated in the round. In connection with the financing, Laura Stoppel, Ph.D., principal at RA Capital Management, LP, Lori Hu, managing director at Vertex Ventures HC, and Fabio Pucci, Ph.D., senior director of venture investments health at Leaps by Bayer, joined Indapta’s board of directors.