Oricell Therapeutics Announces US$70M Initial Closing of Series C Financing, to Accelerate Global Development of Solid Tumor CAR-T Therapies [Yahoo! Finance]
Talon Capital Corp. - Units (TLNCU)
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Source: Yahoo! Finance
innovative cancer immunotherapy, announced today the closing of a $70M Series C1 financing. The round was co-led by Beijing Medical and Health Care Industry Investment Fund, Qiming Venture Partners and a leading global healthcare fund, with participation from a sovereign wealth fund , NGS Super (NGS), E-Town Capital, Elikon Venture, and Talon Capital. Proceeds will accelerate Oricell's global expansion and clinical development, while strengthening its technological capabilities and paving ways to commercialization. Oricell is advancing a differentiated pipeline of CAR-T cell therapies for solid tumors, underpinned by three proprietary platforms developed over the past decade: Ori®Ab: antibody discovery and engineering library Ori®Armoring: enhancement of T-cell persistence and other crucial functions by TAs(Therapeutic Areas) OnGo (Fast) CMC: rapid, scalable and effective manufacturing Oricell has generated proof-of-concept (POC) clinical data across multiple pipeline CAR-
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