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TORL BioTherapeutics closed an oversubscribed $158M Series B-2 financing round to advance clinical development of its novel antibody-drug conjugate oncology pipeline.

Apr 10, 2024over 1 year ago

Amount Raised

$158 Million

Round Type

series b

Culver CityBiotechnologyHealth Care

Description

TORL BioTherapeutics has closed an oversubscribed $158M Series B-2 financing round, with the proceeds intended for advancing the clinical development of its novel antibody-drug conjugate oncology pipeline.

Company Information

Company

TORL BioTherapeutics

Location

Culver City, California, United States

About

TORL BioTherapeutics is building a preeminent biopharmaceutical company dedicated to the discovery, development, and commercialization of antibody-based therapies to improve and extend the lives of people with cancer worldwide. Through a strategic partnership with the Slamon Research Lab at UCLA, TORL has exclusive development and commercial rights to a large program of biologics-based drugs for promising, and novel cancer targets.

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