$150 million Series C sets up Scorpion for next stage of growth
US oncology specialist Scorpion Therapeutics has closed a $150 million Series C financing.
Frazier Life Sciences and Lightspeed Venture Partners co-led the financing, which Scorpion plans to use to advance its pipeline of small molecule oncology programs, in particular, to expand clinical development of its allosteric, differentiated, mutant-selective PI3Kα inhibitor, STX-478.
Scorpion will also continue to advance its clinical-stage EGFR inhibitor franchise, including STX-721 and STX-241, and its discovery pipeline of next-generation precision oncology therapies.
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