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Alternative Bio Lands $15 Million to Develop Oncology Drugs based on Novel Enzymes

publication date: Dec 15, 2022

Alternative Bio raised $15 million in a seed round to develop a novel class of post-translational modifying enzymes as cancer treatments. The company’s technology is based on the work of three well-known academics in biomedical health with expertise in the areas of signaling, gene expression regulation, cancer biology and drug discovery. ABio has an innovative discovery platform to advance candidates that are aimed at some of the world’s most intractable cancers. The seed round was co-led by three China investors: Eight Roads Ventures, F-Prime Capital and Sequoia China Seed Fund. More details....

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