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InxMed Raises $50 Million for Resistance-Fighting Cancer Therapies

publication date: Mar 4, 2022

Nanjing InxMed raised $50 million in a Series B round to develop innovative therapies that target the stroma microenvironment and drug resistance for hard-to-treat solid tumors. The company's lead drug, IN10018,  is a selective ATP-competitive focal adhesion kinase (FAK) small molecule inhibitor that is being tested in trials for  metastatic melanoma, platinum-resistant ovarian cancer and triple negative breast cancer. InxMed will use the funds to support clinical trials of IN10018 for multiple cancer types in the US and China, including starting pivotal trials. The Series B was led by CS Capital. More details....

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