California, USA-based Anaphore has raised $25.0 million in series A financing led by 5AM Ventures, Versant Ventures and Apposite Capital. The proceeds will be used to accelerate development of Atrimers - a new class of protein therapeutics the company is developing to address significant unmet medical needs in immune-mediated diseases and oncology.
Atrimers are novel drug candidates engineered from a fully-human serum protein that is naturally secreted as a trimeric structure. Anaphore's proprietary protein engineering platform - TrimerX - provides multiple approaches to generate Atrimers, therapeutics with biological, manufacturing and commercial advantages over traditional drugs such as antibodies, smaller protein scaffolds, and small molecules. Atrimers and the TrimerX platform are protected by significant intellectual property including over 13 patent families.
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