Anocca secures $46 million to advance KRAS-targeted T-cell therapy
Swedish biotech Anocca has raised about 440 million Swedish kronor ($46 million) in new financing to accelerate development of VIDAR-1, its gene-edited TCR-T cell therapy targeting mutant KRAS in pancreatic cancer. The funding, led by Mellby Gård with support from AMF, Ramsbury and other investors, will also advance earlier pipeline projects.
Recruitment is now open for a Phase I trial of VIDAR-1 at university hospitals across Sweden, Denmark, Germany and the Netherlands.
Chief executive Reagan Jarvis said the fundraising reflects investor confidence in Anocca’s discovery platform and in-house manufacturing. Investor Johan Andersson of Mellby Gård added that backing continues as the company moves into its first human studies.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
Free
7 day trial access
- All the news that moves the needle in pharma and biotech
- Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
- Receive The Pharma Letter daily news bulletin, free forever.
Become a subscriber
£820
Or £77 per month
- Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
- Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
- Daily roundup of key events in pharma and biotech.
- Monthly in-depth briefings on Boardroom appointments and M&A news.
- Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
More on this story...
Today's issue
Company Spotlight
More Features in Biotechnology
Copyright © The Pharma Letter 2025 | Headless Content Management with Blaze