TORL BioTherapeutics LLC has closed a $96 million Series C financing. Proceeds will fund the ongoing clinical development of TORL-1-23, currently in a registrational Phase 2 study for platinum-resistant ovarian cancer. Updated results of TORL-1-23 will be presented at ESMO 2025. This financing aims to push pivotal studies toward key data readouts in 2027.
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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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