The infusion of capital speeds development of a novel ELANE‑targeted cancer therapy with broad preclinical efficacy, enhancing Onchilles' prospects for clinical success and signaling strong investor confidence in the biotech sector.
Onchilles Pharma announced a $25 million Series A1 financing to push its lead ELANE‑target injectable, N17350, into clinical proof‑of‑concept studies. The round attracted new investors Invivium Capital, Kennedy Lewis Investment Management and UCM Ventures, alongside existing backers LYZZ Capital Advisors and Lincoln Park Capital Fund.
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