Shoreline secures $43M to advance cell therapy products

By The Science Advisory Board staff writers

April 7, 2021 -- Shoreline Biosciences has raised $43 million in capital to accelerate the advancement of its induced pluripotent stem cell (iPSC) platform, focused on the development of next-generation natural killer (NK) cell and macrophage cell therapies.

The funds will also support the company's research efforts to create NK cell-specific chimeric antigen receptors (CARs), switchable CAR-NK cell engagers, and macrophage-specific CARs.

In addition, Shoreline has entered a strategic relationship with the Advanced Cell Therapy Laboratory of the University of California, San Diego to secure good manufacturing practice (GMP) manufacturing of the company's cell therapy products.

The financing was led by Boxer Capital.

Copyright © 2021

Science Advisory Board on LinkedIn
Science Advisory Board on Facebook
Science Advisory Board on Twitter