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Simcha Raises $25 Million from China Investors for Novel Immunotherapies

publication date: Jun 25, 2020

Simcha Therapeutics, a novel biotech using "directed evolution" to develop immunotherapies based on improved cytokines, raised $25 million in a Series A financing from two China investors -- WuXi AppTec Corporate Venture Fund and Sequoia Capital China -- along with Connecticut Innovations. Simcha is based in New Haven, Connecticut. The company's lead program is based on a customized variant of interleukin-18 (IL-18), a cytokine designed to have more potent antitumor effects than its natural version. More details.....

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