Gritstone Grabs $92.7m To Test Personalized Vaccines In Humans

Gritstone closed a Series B venture capital financing to advance its immunotherapy based on cancer patients' own neoantigens into clinical testing and to explore a new shared antigen platform.

Innovation concept presented by a consultant in management on webinar screen

Gritstone Oncology made a splash in 2015 with a $120m Series A venture capital round to fund the development of personalized neoantigen-targeting vaccines, and now the company has followed up with a $92.7m Series B round at a time of increasing interest in individualized immunotherapies.

Emeryville, Calif.-based Gritstone spent the past two years building its library of neoantigen data as well as its specialized manufacturing facilities. The company also fine-tuned its therapeutic platform and identified a second potential platform which could provide targeted off-the-shelf treatments

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