Cambridge, UK-based CellCentric today announced the completion of a $120 million Series C funding round.
The clinical-stage biotechnology company is developing inobrodib, a first in class oral cancer drug to treat specific cancers, notably multiple myeloma.
Inobrodib is currently undergoing a Phase IIa study in combination with dexamethasone and Bristol Myers Squibb’s (NYSE: BMY) Imnovid (pomalidomide) for relapsed or refractory multiple myeloma. A readout from the study at last year’s American Society of Hematology meeting showed a 75% overall response rate at the highest dose level.
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