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Asieris Pharma Closes $15 Million B Round Financing

publication date: Dec 27, 2017

Asieris Pharma, a China company focused on cancer, raised "over" $15 million in a B round. The company will use the capital to support a China Phase III trial of APL-1202, a repurposed oral inhibitor of MetAP2. APL-1202 is a 50-year-old wide spectrum antibiotic that recently has been shown to have an anti-angiogenesis effect. It will be tested as a treatment for patients with relapsed non-muscle invasive bladder cancer (NMIBC). The B round was led by Lapam Capital. More details....

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