$84 million Series B extension takes BlossomHill’s fundraising beyond $257 million
Privately-held BlossomHill Therapeutics, a US biopharma focused on the design and development of next-generation medicines for cancer, has announced the closing of an $84 million Series B extension.
This brings total capital raised by the Californian company to $257 million to date.
Proceeds from the financing will be used to accelerate BlossomHill’s two lead clinical programs, BH-30643 (OMNI-EGFR inhibitor) and BH-30236 (CLK inhibitor), and to further advance the firm’s wholly-owned pipeline of intelligently designed cancer medicines.
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