Maverix motivated to make milestones in SOTIO deal
Czech investor the PPF Group and the affiliated biotech company SOTIO have announced a deal with Maverix Oncology, a private company with a proprietary pipeline of targeted, small molecule cancer chemo-immunotherapeutics.
PPF has committed to investing $6.5 million in ongoing Series A financing, contingent on key development milestones, to Maverix, which is aiming to secure a total of $20 million in funding and the round will remain open for additional investors to join.
IND-enabling studies
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