Lifordi Immunotherapeutics Secures Strategic Investment From Sanofi Ventures And Additional Capital From Existing Investors
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- New strategic investment from Sanofi Ventures, and funding from existing investors ARCH Ventures, 5AM Ventures, and Atlas Venture Funds support an ongoing Phase 1 study to evaluate LFD-200, and provides for CMC preparations to ensure Phase 2 clinical supply Phase 1 study of LFD-200 in RA is progressing as planned, with initial data from healthy participants in the coming months
Click image above to view full announcement.
About Lifordi
Lifordi Immunotherapeutics, Inc. is a clinical-stage biotechnology company leading the way by leveraging the success of antibody-drug conjugates (ADCs) to develop treatments for autoimmune and inflammatory disorders. The Company's lead ADC, LFD-200, is in a Phase 1 clinical trial. Preclinical studies demonstrated efficacy in multiple disease models by targeting myeloid and lymphoid cells using a highly internalized cell surface membrane protein (VISTA). Lifordi has also applied its novel drug delivery platform to other diverse payloads, such as small molecules, antisense oligonucleotides (ASOs) and siRNA. As experienced drug developers in immunology and inflammatory diseases, together with expert clinical advisors, a strong partnering track record, and funding from ARCH Venture Partners, 5AM Ventures, and Atlas Venture, Lifordi is committed to changing how immune and inflammatory diseases are treated. For more information, please visit .
About Sanofi Ventures
Sanofi Ventures is the corporate venture capital arm of Sanofi, investing globally in early-stage biotech and digital health companies aligned with Sanofi's mission to chase the miracles of science. Areas of focus include immunology, oncology, rare diseases, vaccines, and digital innovation.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.


Comments
No comment