Compass Therapeutics raises $130 million to develop I-O candidate

13 July 2018

East Coast, USA-based immuno-oncology (I-O) startup Compass Therapeutics has finished raising $132 million to take its lead candidate into the clinic and identify two more clinical candidates.

The round was led by OrbiMed Advisors and included F-Prime Capital, Cowen Healthcare Investments, Thiel Capital and others.

The firm focuses on identifying antibody drug candidates, with an initial focus on T cells, NK cells and macrophages. Lead immuno-oncology candidate CTX-471 is currently in late IND-enabling studies.

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