Announced
Completed
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Biotechnology
Completed
Venture Capital
biotechnology
Private
Friendly
Acquisition
Private Equity
Germany
Cross Border
Minority
Synopsis
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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