May 19, 2021 -- Interius BioTherapeutics has raised $76 million in fundraising to advance its gene and cell therapy (GCT) platform.
Initially, Interius will use the funding to treat hematologic malignancies by leveraging its platform to generate chimeric antigen receptor (CAR) T cells in vivo. This method bypasses the need for ex vivo manipulations and potentially toxic preconditioning chemotherapy required for standard CAR T-cell treatments. The company is focused on immuno-oncology indications that are not amenable to current gene therapy modalities.
The oversubscribed series A financing was co-led by Cormorant Asset Management and Fairmount Funds.