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European Biotechnology Network!
The European Biotechnology Network is dedicated to facilitating co-operation between professionals in biotechnology and the life sciences all over Europe.
The non-profit organisation brings research groups, universities, SMEs, large companies and indeed all actors in biotechnology together to build and deliver partnerships.
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iOmx hits the ground running22.09.2016 Backed by MPM Capital and Sofinnova, immuno-oncology specialist iOmx Therapeutics has raised €40m in its first round of financing. The German company had just been founded in spring.
iOmx Therapeutics develops first-in-class cancer therapeutics addressing novel immune checkpoint modulators on tumour cells. Now, the Martinsried-based company has managed to raise €40m to continue building its pipeline of drug candidates against half a dozen of its proprietary immune-oncology targets. MPM Capital and Sofinnova Partners are contributing the lion’s share of the investment. Wellington Partners and Merck Ventures are chipping in a „smaller portion“, iOmx chairman Sebastian Meier-Ewert told European Biotechnology’s German-language sister magazine transkript.
“IOmx is one of the first companies to find targets based on the signature of actual immunosuppressive molecules on the surface of the primary tumour,” Meyer-Ewert told
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European Biotechnology Network AISBL
Rue de la Science 14b
1040 Brussels, Belgium
Tel: +32 27 33 72 37