Grey Wolf Raises $49m To Bring ‘Tumor Unmasking’ Candidate To Clinic

Series B Financing Oversubscribed

The UK biotech will use the funds to advance the development of its first-in-class ERAP1 inhibitor, which could circumvent the limitations of poor tumor visibility and T cell exhaustion.    

Man in blue suit holding a white mask, unmasking concept
Grey Wolf's Lead Candidate Unmasks Tumors And Stimulates T-Cells • Source: Shutterstock

Grey Wolf Therapeutics, Ltd. has closed an oversubscribed $49m series B financing in a bid to hasten its lead program to the clinic and validate its novel approach to unmasking tumors with poor visibility.

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Seeking cell therapy approaches to cure type 1 diabetes, Vertex abandons a candidate encapsulated to avoid immune system detection but hopes to file another candidate for approval in 2026.