Interview: Achilles Advances Armed With £100m

After receiving major backing for its strategy of targeting clonal neoantigens, Achilles's CEO tells Scrip that the UK firm's manufacturing prowess gives it an edge over competitors.

Achilleon
Achilles showing no sign of weakness • Source: Shutterstock

At a time when UK biotechs have struggled to access funds, Achilles Therapeutics Ltd. has bucked the trend, raising an impressive £100m to advance its personalized cancer immunotherapies targeting clonal neoantigens into the clinic.

New investor RA Capital led the series B round which included founding backer Syncona additional new investors Forbion Capital Partners,...

More from Financing

More from Business

UroGen Gets A First-Ever Bladder Cancer Approval Despite US FDA AdComm ‘No’ Vote

 
• By 

UroGen’s Zusduri was approved despite an advisory committee vote recommending against it in May. It is the first approved drug for a type of recurring bladder cancer.

Finance Watch: Scorpion Spinout Antares Launches With $177m For Precision Medicines

 
• By 

Private Company Edition: Antares’ lead asset will enter the clinic in 2026 after Lilly committed up to $2.5bn for Scorpion’s Phase I/II PI3Kα inhibitor STX-478. Also, Amplify raised $200m for its first biotech VC fund and Mosanna raised an $80m series A round, among other financings.

UCB Follows Fellow European Pharmas With Major US Investment

 
• By 

The Belgian drugmaker is boosting its biologics capacity over the pond.