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Maia Biotechnology, Inc. Raises $8.0 Million Financing To Advance Pipeline Of Targeted Immuno-Oncology Studies

Maia Biotechnology, Inc. Raises $8.0 Million Financing To Advance Pipeline Of Targeted Immuno-Oncology Studies

05/19/21, 12:05 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgchicago
Money raised
$8 million
MAIA Biotechnology, Inc., a targeted therapy, immuno-oncology company focused on developing first-in-class oncology drugs, today announced that it has raised $8.0 million financing in a convertible note offering led by new investor Checkmate Capital Group with participation from other strategic and existing investors. The proceeds of the financing will advance the company’s targeted immuno-oncology programs and will support the initiation of a Phase 1/2 clinical trial evaluating THIO followed by Libtayo® (cemiplimab) in patients with advanced Non-Small Cell Lung Cancer (NSCLC). The Phase 1/2 clinical trial is expected to begin later this year.

Company Info

Company
Maia Biotechnology
Location
chicago, illinois, united states
Additional Info
MAIA Biotechnology, Inc. is a targeted therapy, immuno-oncology company focused on the development and commercialization of potential first-in-class drugs with novel mechanisms of action that are intended to meaningfully improve and extend the lives of people with cancer. Our lead program is THIO, a potential first-in-class cancer telomere targeting agent in clinical development for the treatment of telomerase-positive cancer cells. For more information, please visit www.maiabiotech.com.