Goldman Sachs leads $132 million investment in cancer start-up
A start-up cofounded by Massachusetts General Hospital oncologist Ryan Corcoran and serial entrepreneur Eric Murphy has raised $132 million to put toward new cancer drugs.
A start-up cofounded by Massachusetts General Hospital oncologist Ryan Corcoran and serial entrepreneur Eric Murphy has raised $132 million to put toward new cancer drugs.
With a new $132 million in hand, Alterome Therapeutics is finally divulging what it’s working on. The oncology company will be using its Series B raise to bring two programs — each designed to go after specific cancer-driving mutations — to the clinic within the next year.
Alterome is honored to be chosen to be Ranked #2 in the Small Business Category for the Best Places to Work San Diego 2023.
Alterome Therapeutics has been recognized for its involvement with Life Science Cares and its contributions to the San Diego community.
While the biotech put out a press release for its $64 million Series A, led by OrbiMed, it launched without a website and didn’t elaborate on its science beyond “alteration-specific targeted therapies for the treatment of cancer.”
If you missed the news of a new company launch backed by blue-chip investor OrbiMed early Wednesday morning, that was by design. Alterome Therapeutics quietly emerged from stealth with $64 million in its Series A…