Immuno-Oncology Startup Snatches $67m In Series A
This article was originally published in Scrip
NextCure, a newly formed immuno-oncology company being led by Michael Richman, the former CEO of AstraZeneca plc-acquired biotech Amplimmune, has raised $67m in a series A financing round.
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Emerging Company Profile: Based on discovery research at Yale, NextCure hopes S15 and other novel targets will provide new inroads in immuno-oncology, while much of the field remains focused on PD-1 inhibitors and combinations.
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Through its Provention collaboration, Amgen partnered with the team that worked on AMG 714 at Celimmune, which the big biotech bought in 2017. Lilly will partner with NextCure to use the latter's FIND-IO platform for immuno-oncology drug discovery.