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• Deal led by Rock Springs Capital and joined by Bain Capital Life Sciences, Deerfield Management, RA Capital Management and other investors • Proceeds will advance XTX202 (tumor-selective IL-2) and XTX101 (tumor-selective anti-CTLA4) into the clinic • Two investigational new drug (IND) applications planned in 2021
* Artios Pharma transitions to a clinical-stage precision medicine company * Advances next generation DNA Damage Response (DDR) treatment targeting ATR in patients with advanced or metastatic solid tumors
Plexium Announces $35m Financing to Advance Pipeline of Novel Protein Degraders - Company also announces appointment of biotech veteran Mike Grey as Chairman of the Board