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Mythic Therapeutics Launches With New Approach To Improving Antibody Drug Conjugate Performance, Backed By $103 Million In Series B Financing

Mythic Therapeutics Launches With New Approach To Improving Antibody Drug Conjugate Performance, Backed By $103 Million In Series B Financing

12/15/21, 11:30 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgwaltham
Industry
science and engineering
health care
Round Type
series b
Mythic Therapeutics today announced its launch to develop smarter and safer antibody-drug conjugates (ADCs) with an oversubscribed Series B financing round of $103 million. Viking Global Investors led the round, along with new investors including Venrock Healthcare Capital Partners, Foresite Capital, Perceptive Advisors, and Highside Capital. Existing Mythic investors participating in the round include Venrock, First Round Capital, OMX Ventures, Lifeforce Capital, and Refactor Capital. The proceeds from Mythic’s Series B will finance the lead program through first-in-human clinical studies in lung cancer and fund pipeline development.

Company Info

Company
Mythic Therapeutics
Location
waltham, massachusetts, united states
Additional Info
Mythic Therapeutics is a product-platform company developing a pipeline of antibody-drug conjugates (ADCs) designed to exhibit unparalleled therapeutic index and efficacy. The Company’s FateControl technology specifically enhances ADC uptake in targeted tissues by manipulating the fate of the ADC within the cell, thereby expanding the disease and patient profiles that can be treated with Mythic’s ADCs. For more information, visit: www.mythictx.com