Tech Company Financing Transactions
Imvax Funding Round
On 7/20/2020, Imvax raised $112 million in Series C funding from HP Wild Holding AG, Invus and Magnetar Capital Return.
Transaction Overview
Company Name
Announced On
7/20/2020
Transaction Type
Venture Equity
Amount
$112,000,000
Round
Series C
Investors
Proceeds Purpose
The financing will enable Imvax to continue clinical development of lead product candidate IGV-001 for treatment of GBM through Phase 2. IGV-001 is a autologous tumor vaccine made from patients' tumor cells combined with an antisense molecule to affect a personalized immune response.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
601 Walnut St. 440 W
Philadelphia, PA 19106
USA
Philadelphia, PA 19106
USA
Phone
Website
Email Address
Overview
The approach is an autologous, cell-based treatment that activates the full array of patient-specific antigens, resulting in both an innate and adaptive immune response. The company's lead program is in glioblastoma multiforme (GBM), an extremely aggressive form of brain cancer with a significant unmet need.
Management Team
Title
Name
Email & Social
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