Venture Capital

New Name, New Board, New Focus: Altrubio Relaunches With $63M Series A

by fiercebiotech.com posted 5months ago 43 views
New name, new board, new focus: AltruBio relaunches with $63M series A aarmstrong Wed, 04/14/2021 - 15:56.: AltruBio would like to reintroduce itself. After shifting from oncology to immunology, swapping out the board and completing a name change, the biotech is relaunching with a $63 million series A funding round. "We put aside our oncology product to be able to 100% focus on this first in class and novel molecule we have," said CEO Judy Chou, Ph.D., speaking of the immune checkpoint agonist antibody neihulizumab. Leading the series A funding was aMoon, an Israeli health tech and life sciences venture capital fund.

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