Tech Company Financing Transactions
HEPHAISTOS-Pharma Funding Round
HEPHAISTOS-Pharma, based in Orsay, secured $2.2 million in investment from Xista Science Ventures and Noshaq.
Transaction Overview
Company Name
Announced On
1/24/2024
Transaction Type
Venture Equity
Amount
$2,170,000
Round
Seed
Investors
Xista Science Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to finance GMP transfer and advance its lead candidate towards the clinic. The proceeds from this financing round will enable HEPHAISTOS to industrialize its manufacturing process and prepare for the clinical phases, with the goal of advancing its lead candidate, ONCO-Boost, into clinical development for the treatment of solid tumors with high unmet medical needs, in particular sarcoma. The proceeds will also be used to open a new subsidiary in Liège, Wallonia.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
2 Rue Jean Rostand
Orsay, 91400
France
Orsay, 91400
France
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
A preclinical stage Biotech company developing the next generation of oncology treatments that will be boost immune system to treat incurable cancers. Immunotherapy has shown impressive results in the past 5 years by treating cancers like never seen before. Unfortunately, success levels are still very low and only 10% of patients can be cured today.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Martine Caroff
Chief Executive Officer
Frederic Caroff
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