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Nectin Therapeutics Announces Extended Series A Financing To Over $25M And Initiation Of Patient Dosing In Phase 1 Clinical Trial Of Ntx1088, First-In-Class Anti-Pvr Targeted Immunotherapy For Treatment Of Patients With Advanced Solid Tumors

PRIVATENov 30, 2022

Round Type

Series A

JerusalemBiotechnologyHealth CareTherapeutics

Investors

A Moon FundPeregrine VenturesThe Cancer Focus FundNew Investor Israel Biotech Fund

Description

Nectin Therapeutics Ltd., (Nectin) a biotechnology company developing novel targeted immunotherapies to address resistance to approved immuno-oncology (IO) treatments, announced today dosing of the first patient in its Phase 1 clinical trial of NTX1088, Nectin's first-in-class PVR (CD155) blocker, in cancer patients with locally advanced and metastatic solid tumors. The trial is being conducted at The University of Texas MD Anderson Cancer Center (MD Anderson) with an investment from the Cancer Focus Fund, LP. The trial will include up to 90 patients treated with NTX1088 as a monotherapy and in combination with a PD-1 blocker.

Quick answer

Nectin Therapeutics raised an undisclosed amount in a Series A round, dated November 30, 2022. Investors: A Moon Fund, Peregrine Ventures, The Cancer Focus Fund and New Investor Israel Biotech Fund. Nectin Therapeutics is based in Jerusalem, Jerusalem District, Israel.

How much did Nectin Therapeutics raise?
Nectin Therapeutics raised an undisclosed amount in a Series A round on November 30, 2022.
Who invested in Nectin Therapeutics?
A Moon Fund, Peregrine Ventures, The Cancer Focus Fund and New Investor Israel Biotech Fund are named as investors in this round.
What does Nectin Therapeutics do?
Nectin Therapeutics is a biotech company focused on unlocking the power of the immune system.
Where is Nectin Therapeutics based and how big is it?
Nectin Therapeutics is based in Jerusalem, Jerusalem District, Israel.
Who are the decision-makers at Nectin Therapeutics?
Fundz holds 1 contact at Nectin Therapeutics, including the Chief Executive Officer​. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

Companies in the same sectors as Nectin Therapeutics that raised within 45 days of this round, from Fundz verified event records.

  • MPC Therapeutics raised an undisclosed amount (Seed) on January 11, 2023.
  • Liquidia raised an undisclosed amount (Debt Financing) on January 9, 2023.
  • Inotrem raised an undisclosed amount (Funding Round) on January 9, 2023.
  • Synthekine raised $100M (Series C) on January 6, 2023.
  • HighTide Therapeutics raised $107M (Series C) on January 5, 2023.
  • Immune-Onc Therapeutics raised an undisclosed amount (Series B) on January 5, 2023.

Who to call at Nectin Therapeutics, and when

A new round usually means Nectin Therapeutics is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Nectin Therapeutics

Location

Jerusalem, Jerusalem District, Israel

About

Nectin Therapeutics is a biotech company focused on unlocking the power of the immune system. We are developing a collection of next-generation immunotherapy agents. Despite the unprecedented efficacy of existing immunotherapy agents, many patients either fail to respond, or following encouraging initial response, develop resistance over time. At Nectin, we have discovered novel resistance mechanisms and developed novel agents targeting these mechanisms for improved therapy.

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Related People

1 contact
Verified contactsFabian T., Chief Executive Officer​ hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Nectin Therapeutics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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