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Oncologie Completes $80 Million B Round for US-China Oncology Development

publication date: Jun 10, 2019

Oncologie, a Boston-Shanghai biopharma, raised $80 million in a Series B funding to support its biomarker driven in-licensing of mid-stage oncology assets. The round was led by existing investors Nan Fung Life Sciences and Pivotal BioVentures China, and joined by new investors including Panacea Venture Healthcare and Korea Investment Partners. Oncologie is developing three candidates for cancer including its lead molecule, bavituximab, an immune-modulatory mAb that targets phosphatidylserine, a phospholipid that inhibits the ability of immune cells to recognize and fight tumors. More details....

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