iOnctura Secures €80 Million Series B to Advance PI3Kδ Cancer Therapy Through Phase II Trials
- iOnctura raised €80 million in Series B financing led by Syncona to advance its pipeline of oral cancer treatments targeting neglected and hard-to-treat cancers.
- Lead asset roginolisib, the first allosteric modulator of PI3Kδ, demonstrated promising efficacy in uveal melanoma with 70% overall survival rate and minimal toxicity in Phase I trials.
- The funding will accelerate Phase II trials for roginolisib in uveal melanoma and expand development into non-small cell lung cancer and primary myelofibrosis starting late 2024.
- Second asset cambritaxestat represents the only autotaxin inhibitor in clinical development for highly fibrotic tumors like metastatic pancreatic cancer.
iOnctura
Posted 2/25/2020
iOnctura SA