Tech Company Financing Transactions

Mersana Therapeutics Funding Round

Wellington Management Company, Arrowpoint Partners and Cormorant Asset Management invested in a $33 million Series C funding round for Mersana Therapeutics. The financing round was announced on 6/16/2016.

Transaction Overview

Announced On
6/16/2016
Transaction Type
Venture Equity
Amount
$33,000,000
Round
Series C
Proceeds Purpose
Mersana plans to use the proceeds to further develop its pipeline programs and expand its proprietary ADC platform. The Company currently anticipates filing an Investigational New Drug (IND) application for lead candidate XMT-1522, a novel HER-2 targeting therapy, in mid-2016, and plans to initiate a Phase 1 proof of concept clinical trial shortly thereafter. Mersana's second program, XMT-1536, a novel anti-sodium-dependent phosphate transport protein 2B (anti-NaPi2b) ADC, is currently advancing into IND-enabling studies.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
840 Memorial Dr.
Cambridge, MA 02139
USA
Email Address
Overview
Mersana Therapeutics, Inc. (NASDAQ: MRSN) is focused on developing novel oncology agents based on Fleximer, a stealth material that enhances the pharmacokinetics and safety of drugs.
Profile
Mersana Therapeutics LinkedIn Company Profile
Social Media
Mersana Therapeutics Company Twitter Account
Company News
Mersana Therapeutics News
Facebook
Mersana Therapeutics on Facebook
YouTube
Mersana Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Anna Protopapas
  Anna Protopapas LinkedIn Profile  Anna Protopapas Twitter Account  Anna Protopapas News  Anna Protopapas on Facebook
Chief Medical Officer
Dirk Huebner
  Dirk Huebner LinkedIn Profile  Dirk Huebner Twitter Account  Dirk Huebner News  Dirk Huebner on Facebook
Chief Scientific Officer
Timothy Lowinger
  Timothy Lowinger LinkedIn Profile  Timothy Lowinger Twitter Account  Timothy Lowinger News  Timothy Lowinger on Facebook
VP - Bus. Development
Eva Jack
  Eva Jack LinkedIn Profile  Eva Jack Twitter Account  Eva Jack News  Eva Jack on Facebook
VP - Finance
Brian DeSchuytner
  Brian DeSchuytner LinkedIn Profile  Brian DeSchuytner Twitter Account  Brian DeSchuytner News  Brian DeSchuytner on Facebook
VP - Manufacturing
Michael Kaufman
  Michael Kaufman LinkedIn Profile  Michael Kaufman Twitter Account  Michael Kaufman News  Michael Kaufman on Facebook


 

 

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About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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