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0 -0.0017761989342806 -0.0017761989342806 -0.0017761989342806 -0.0035523978685612 -0.0106571936056838 -0.00888099467140317 0.00177619893428076
Stock impact report

Excalipoint debuts with $68.7m to progress TCE pipeline [Yahoo! Finance]

NovaBridge Biosciences - American Depositary Shares (NBP) 
Company Research Source: Yahoo! Finance
engager (TCE) therapies in immunology and oncology as it emerges with $68.7m in seed funding under its wing. Excalipoint, which operates under a NewCo model, obtained the financing through an oversubscribed seed round, in which it secured $41m in funding from co-leading Chinese investors like Apricot Capital, HSG and Yuanbio Venture Capital, as well as contributions from four other companies. After becoming fully operational and progressing elements of its pipeline, Excalipoint raised a further $27.7m in an extension round supported by prominent investors Lilly Asia Ventures and Eisai Innovation. With this cash in hand, Excalipoint will progress its pipeline of TCE therapies, which includes six programmes spanning several solid tumour indications and immunological diseases. According to the company, its pipeline looks to address the common challenges associated with TCE therapies by turning ‘cold' tumours ‘hot', while addressing the tumour microenvironment. The jewel in the co Show less Read more
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