1. Scrip
  2. >>Therapy Areas

Israeli Startup Ayala Taking BMS Cancer Drug Into Phase II With $17m Financing

 
• By Lucie Ellis-Taitt

Ayala Pharma, which launched in late 2017, has raised $17m via a series A financing round to propel its lead precision cancer therapy into Phase II – an asset it licensed from Bristol-Myers Squibb.

Israeli Flag in Jerusalem, israel
Emerging Israeli biopharma flies flag for ex-BMS cancer therapy

Ayala Pharma, an Israeli oncology company built around targeted cancer therapies licensed from Bristol-Myers Squibb Co., has raised $17m to take its lead asset into Phase II trials.

The emerging company, based in Rehovot, was founded in December 2017 and is backed by local investors Israeli Biotech Fund...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from Anticancer

More from Therapy Areas