Oxford University spinout Vaccitech has completed a series A financing round, securing £20 million ($27 million) in new money from Google’s venture capital arm GV, Sequoia China, and existing backer Oxford Sciences Innovation.
Based at the Oxford Science Park, the firm is working on a universal flu vaccine and five other vaccine-related products, based on a technology for inducing cellular immune responses using non-replicating viral vectors.
Vaccitech’s universal influenza vaccine is being tested in a Phase IIb efficacy trial, in which 862 people are enrolled in the first year of a two-year study.
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