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New Deal


Announced

Completed

Athos Service and MIG Capital led a $69m Series B funding round in iOmx Therapeutics.

Financials

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Transaction Value£55m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Biotechnology

Completed

Venture Capital

biotechnology

Private

Friendly

Acquisition

Private Equity

Germany

Cross Border

Minority

Synopsis

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Athos Service and MIG Capital led a $69m Series B funding round in iOmx Therapeutics, a cancer immunotherapy treatments developer, with participation from Wellington Partners, Sofinnova Partners and M Ventures. "In the vital world of cancer immunotherapy, iOmx's platform technology stands out because it screens for novel druggable immune checkpoint targets on tumor cells instead of T cells, thereby allowing the development of drugs that can prevent tumor immune evasion." He added: "We are pleased to join a world-class investor consortium and to begin to work with a highly talented and dedicated team at iOmx," Matthias Kromayer, MIG Capital Managing Partner.

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