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Loki Therapeutics Announces Seed Financing To Develop Therapeutics That Enhance Longevity And Treat Immune-System Related Diseases

Loki Therapeutics Announces Seed Financing To Develop Therapeutics That Enhance Longevity And Treat Immune-System Related Diseases

01/25/22, 7:15 AM
Round Type
seed
Loki Therapeutics, a company developing next- generation therapeutics that leverage vaccination recall antigens to enhance longevity and treat immune-system related diseases, including cancer, today announced that it has secured seed financing led by Formic Ventures. With this additional funding, Loki has been able to raise a total of $2 million to date. Loki plans to utilize proceeds from the funding for the manufacturing of clinical grade materials and regulatory work to enable the company's first-in-human clinical trial.

Company Info

Company
Loki Therapeutics
Additional Info
Loki Therapeutics is developing next-generation therapeutics that leverage vaccination recall antigens to enhance longevity and treat immune-system related diseases, including cancer, by delivering vaccine recall antigens to tumor cells with genetically attenuated bacterial vectors. Loki's AWAKETM platform offers a completely new approach to treating cancer and other diseases caused by immune-system breakdown by activating and redirecting pre-existing memory T cells created during vaccination to target and eliminate cancer cells, as well as target other immune-related diseases. Key to AWAKE is its utilization of attenuated Listeria Monocytogenes for the precise delivery of recall antigens to tumor environments and into the tumor cell. Loki's lead development program – AWAKE-LM-TT – capitalizes on the childhood vaccination for tetanus toxoid (TT) to generate an immune response to solid tumors and metastases presenting the tetanus antigens. Loki is currently advancing AWAKE-LM-TT as a potential treatment for metastatic pancreatic cancer, as well as metastatic ovarian cancer. Loki is also pursuing additional development programs based on other childhood vaccines, including polio (AWAKE-LM-PV) and mumps. For more information on Loki Therapeutics please visit www.lokitx.com.