Eikon Takes TLR7/8 Agonist Into Phase III With Latest VC Mega-Round

The company is moving its toll-like receptor 7/8 agonist into late-stage development for melanoma as it closes a $350.7m series D venture funding round.

Screen display representing venture capital investment
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Eikon Therapeutics has raised another venture capital mega-round – bringing its total funding to date to $1.1bn – to build what it calls a “21st century biotechnology company.” The new financing will allow the Roger Perlmutter-helmed company to move its lead asset, EIK1001, into Phase III development.

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