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Novartis, Zurich University Spin-out Anaveon Tackles IL-2 Challenges With Fresh Funds

 
• By Eleanor Malone

Syncona and Novartis Venture Fund have invested CHF35m in Anaveon, which reckons it can overcome the toxicity and half-life limitations of the cytokine interleukin-2 to enhance the body’s immune response to tumors.

Boyman_Onur
Andreas Katopodis (l) and Onur Boyman (r) • Source: Shutterstock

Only a little over a year after its founding, Anaveon has completed a CHF35m series A financing to advance selective interleukin-2 (IL-2) receptor agonists from preclinical studies into the clinic.

Set up by two immunotherapy experts, Onur Boyman, professor and chair in the department of immunology at the University of...

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