FierceBiotechFierceBioResearcherFierceVaccinesFiercePharma   FierceHealthcare

IRX Therapeutics raises $25M Series A

New York-based IRX Therapeutics announced that it has raised $25 million in a Series A. The new money will be used to further develop IRX's cancer and viral disease product platform, including IRX-2 (citoplurikin), its lead candidate for cancer treatment. IRX researchers are developing a therapy that stimulates a coordinated cellular immune response that can enable a patient's own immune system to fight disease. IRX has reported positive mid-stage data and say they plan to launch a late-stage trial.

- check out IRX's release

ALSO: Canada's Inimex Pharmaceuticals has rounded up $22 million in venture funds to conduct the first clinical trials of its IDR drugs. Report

Related Articles:
Top 20 VC deals of 2007
E&Y forecasts new wave of biotech deal-making
In VC market, life sciences dominate

More stories about Drug Trials   Venture Capital   immune system   pharmaceuticals   Canada  

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.

More information about formatting options

What is 15 + 52?
To combat spam, please solve the math question above.