Elucida Oncology nabs more funds for its take on ADCs, sees potential in radiotherapy partnership
Elucida Oncology has raised another approximately $30 million to bring its version of antibody-drug conjugates to more patients in the clinical setting, the company told Endpoints News.
The CDC has a different meaning over at the New Jersey biotech, which is developing what it calls “C’Dot-Drug-Conjugates.” The goal is to better attack cancerous tissue with smaller-sized nanoparticles, more potency and less adverse impact on patients’ health. Elucida’s take on the class of ADCs, which have ballooned in R&D popularity and surpassed the dozen milestone in terms of regulatory approvals, started in the labs of Cornell and has gone through further development at Memorial Sloan Kettering. The company came together a little under a decade ago, per SEC filings.
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