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Inhibrx Biosciences Announces Loan Agreement with Oxford Finance

Jan 13, 2025over 1 year ago

Contract Type

agreement

San DiegoBiotechnologyTherapeuticsBiopharma

Description

Inhibrx Biosciences announced a five-year term loan facility for up to $150 million with Oxford Finance LLC. The loan provides strategic flexibility post data readouts expected later this year for their INBRX-109 and INBRX-106 programs.

Company Information

Company

Inhibrx

Location

11025 N. TORREY PINES ROAD, SUITE 200

San Diego, California, United States

About

Inhibrx is a clinical-stage biopharmaceutical company focused on developing a broad pipeline of novel biologic therapeutic candidates in oncology and orphan diseases. Inhibrx utilizes diverse methods of protein engineering to address the specific requirements of complex target and disease biology, including its proprietary protein engineering platforms.

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