Cantargia Confident About Nadunolimab’s Prospects For Pancreatic Cancer

Swedish Biotech Raises Funds To Advance IL1RAP Inhibitor

The selection of nadulonimab by the Pancreatic Cancer Action Network for its adaptive clinical trial is a strong validation of the Stockholm-based firm's compound, which is also being evaluated for lung cancer.

Pancreatic cancer
• Source: Archive

Sweden’s Cantargia AB is moving into the spotlight after raising more funds to advance its lead asset nadunolimab through late-stage trials in non-small cell lung and pancreatic cancers.

The Stockholm-based company is raising SEK250m ($24.6m) through a rights issue, securing financing for nadunolimab which targets interleukin 1 receptor accessory protein (IL1RAP) and has been designed to counteract tumor promoting systems and stimulate the immune system to recognize and destroy tumor cells

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