Nextech Invest led a $145m Series E round in FogPharma.

Nextech Invest, a global, cancer therapeutics-focused venture capital firm, led a $145m Series E round in FogPharma, a clinical-stage biopharmaceutical company, with participation from RA Capital Management, Rock Springs Capital, General Catalyst, Marshall Wace, Samsara Biocapital, Foresite Capital, Symbiosis, Catalio Capital Management, Sixty Degree Capital and Alex Gorsky. "Millions of colorectal cancer patients have been told by their oncologists that no more can be done for them. We believe FOG-001 may represent the long-awaited major technological breakthrough needed to address one of the most common yet unaddressed oncogenic signaling pathways. This financing will allow us to execute on our expanded clinical development and commercialization strategy to deliver FOG-001 to patients, while simultaneously strengthening our discovery efforts against other compelling intracellular targets that drive a range of diseases," Mathai Mammen, FogPharma Chairman, President and CEO.