• Valo Therapeutics has secured €19 million in funding from European and Australian investors to advance its PeptiCRAd cancer immunotherapy platform through Phase 1B clinical trials in Italy, Australia, and Germany.
• The company will establish a new Italian subsidiary in Naples to conduct clinical trials, scale up virus manufacturing, and support research activities in Southern Italy.
• PeptiCRAd technology uses tumor antigen-coated oncolytic viruses to enhance anti-tumor immune responses in solid tumors, potentially offering new treatment options for currently undruggable cancers.