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Lion TCR announces USD20m from Series A financing round.

M2 PHARMA-May 28, 2018-Lion TCR announces USD20m from Series A financing round


Singapore biotech company Lion TCR Pte Ltd reported on Sunday the receipt of USD20m under its Series A financing round.

The Series A financing round was led primarily by undisclosed existing investors as well as other new investors: Yashang Capital and Westlake Ventures Capital.

Proceeds from this fundraising will be used by Lion TCR Pte Ltd to advance its on-going clinical trials of its lead candidate LioCyx (personalized HBV specific TCR T cell therapy against HCC) in major hospitals in China and Singapore, as well as for broadening its products pipeline to fight viral-related solid tumors and clearance of chronic hepatitis B.

Hepatocellular carcinoma (HCC) has over 700,000 new cases every year, the world second deadly cancer, of which 80% in Asia Pacific and 50% in China.

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Publication:M2 Pharma
Date:May 28, 2018
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