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Adcytherix Launches with € 30m in Seed Funding to Develop Next Generation Antibody Drug Conjugates
Adcytherix Launches with € 30m in Seed Funding to Develop Next Generation Antibody Drug Conjugates
Vision is to establish a leading ADC developer to treat high unmet need diseases such as cancer.
Founded by the team that founded and sold Emergence Therapeutics to Eli Lilly and Company.
Seed round led by Pontifax and includes top-tier life science investors.
Marseille, France, 11 June 2024: Adcytherix SAS today announced its incorporation and seed funding of € 30 million to develop novel antibody-drug- conjugates (ADCs) for the treatment of high unmet need diseases such as cancer.
The company was founded by Jack Elands and Pontifax Venture Capital with Xavier Preville and Carsten Dehning as co-founders. Adcytherix' senior management team comprises Jack Elands (CEO), Carsten Dehning (CFO) and Xavier Preville (VP, Head of Research and Preclinical Development).
The seed round ...