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iOmx raises EUR 40M series A round

14:27 EDT 22 Sep 2016 | BioCentury

Immuno-oncology company iOmx Therapeutics AG (Martinsried, Germany) raised EUR 40 million ($44.6 million) in a series A round co-led by MPM Capital and Sofinnova Partners. Other investors included Wellington Partners and the Merck Ventures subsidiary of Merck KGaA (Xetra:MRK).

The preclinical-stage biotech is developing antibodies against checkpoint targets found on tumors rather than immune cells. iOmx said its screens have identified about 20 such targets.

Original Article: iOmx raises EUR 40M series A round

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