Elizabeth Eaton’s Post

View profile for Elizabeth Eaton, graphic

Life Sciences Communicator & Storyteller

What a day for biotech financings! CatalYm GmbH, one of four companies who raised a megaround today, snagged an $150-million series D to move its GDF-15 inhibitor visugromab into first-line lung cancer patients. The protein plays a key role in fetomaternal tolerance, but cancer can hijack that mechanism to avoid immune detection, CEO Phil L'Huillier told me. Targeting GSF-15 also has another benefit -- it can reduce the nausea and vomiting triggered by other cancer treatments. “When we neutralise GDF-15 to treat cancer, not only are we treating the cancer through the immune mechanism, but we’re also treating the sickness that’s often associated with chemotherapies, radiotherapies, and ADCs ,” L'Huillier explained. For more on CatalYm's clinical plans and the American Society of Clinical Oncology (ASCO) data that triggered Tuesday's round, read the story here: https://lnkd.in/gDcHZQUm

CatalYm pockets $150M to advance GDF-15 inhibitor after making a splash at ASCO

CatalYm pockets $150M to advance GDF-15 inhibitor after making a splash at ASCO

ml.firstwordpharma.com

To view or add a comment, sign in

Explore topics