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March Biosciences Closes $28.4 Million Series A Financing for Advancing MB-105 Therapy

Oct 23, 2024over 1 year ago

Contract Type

partnership

HoustonBiotechnology

Description

March Biosciences has closed an oversubscribed $28.4 million Series A financing led by Mission BioCapital and 4BIO Capital, raising over $51 million to date. The funds will support the Phase 2 development of March Bio’s lead CD5 CAR-T therapy, MB-105, for T-cell lymphoma and pipeline candidates.

Company Information

Company

March Biosciences

Location

7255 Helix Park

Houston, Texas, United States

About

March Biosciences, Inc is a clinical-stage cell therapy company with a mission to transform patient care in the most challenging hematological malignancies. March Bio's lead asset is at the end of Phase I trials for T-cell malignancies, diseases with a dismal prognosis that is currently unaddressed by CAR-T and targeted therapy technologies. The company's pipeline is designed to expand on these early successes to more broadly impact other high-challenge cancers.

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