Tech Company Financing Transactions
Myricx Bio Funding Round
Abingworth, Novo Holdings and Brandon Capital Partners joined a $115 million Series A funding round for Myricx Bio. This venture round was announced on 7/8/2024.
Transaction Overview
Company Name
Announced On
7/8/2024
Transaction Type
Venture Equity
Amount
$115,000,000
Round
Series A
Investors
Abingworth (Lead Investor)
Novo Holdings (Lead Investor)
Proceeds Purpose
The company intends to use the funds to advance its proprietary pipeline of N-Myristoyltransferase inhibitor (NMTi) ADCs through clinical proof of concept, targeting clinically validated tumor-associated antigens and addressing unmet needs in oncology.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Gridiron Building, 1 Pancras Square, King's Cross
London, N1C 4AG
UK
London, N1C 4AG
UK
Phone
Undisclosed
Website
Email Address
Overview
Myricx Bio ("Myricx") is a UK biotech company focused on the discovery and development of a completely novel class of selective cytotoxic payloads for antibody drug conjugates (ADCs), based on inhibitors of N-myristoyltransferases (NMT) for the treatment of cancer. NMT is an enzyme that adds a specific lipid modification to a number of protein targets key to cancer cell survival.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Ed Tate
Chief Executive Officer
Robin Carr
Chief Operating Officer
Julie Mead
Chief Scientific Officer
Francesca Zammarchi
Co-Founder
Andrew Bell
Co-Founder
Roberto Solari
Vice President
Robert McLeod
VP - Operations
Nikki D'Arcy
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