Thursday, 19 May 2022

Zumutor Biologics raises $6.2 M for oncology molecule

10 December 2021 | News

The funding will facilitate the IND filing of ZM008 and the start of Phase I trial in multiple cancers

Image credit: shutterstock.com

Image credit: shutterstock.com

A Next generation Tumor-Directed IO therapeutics company Zumutor Biologics raises $6.2 million for its oncology molecule Zumutor is privileged to have a host of investors: Accel Partners, Bharat Innovation Fund (BIF) and the new incoming deep tech investor Siana Capital participate in a Series A4 Fundraise of $6.2 million.

“I am excited about ZM008, this funding will facilitate the IND filing of ZM008 and start of Phase I trial in multiple cancers,” Dr Maloy Ghosh, CSO, Zumutor said. “Zumutor’s poised well with elegant data for the next stage of value inflexion” Kavitha Iyer, CEO, Zumutor said.

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