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€80m Cash Boost Helps iOnctura Accelerate Eye Cancer Candidate

 
• By Kevin Grogan

The proceeds from the impressive series B financing will help progress roginolisib through Phase II trials.

Catherine Pickering
Catherine Pickering • Source: iOnctura

Decent-sized fundraisings have been few and far between in Europe of late but the Swiss/Dutch cancer specialist iOnctura SA has bucked the trend with a €80m series B financing.

The round was led by new investor Syncona, which has put in €30m with participation from the European Innovation Council (EIC) Fund as well as existing investors (M Ventures, Inkef Capital, VI Partners, Schroders Capital and 3B Future Health Fund)

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