GMP-in-a-box company with Bob Nelsen backing lands $167M to develop its own cancer drugs
For the fourth time in as many weeks, a company focused on portable drug manufacturing is making noise.
This time, Nutcracker Therapeutics has brought in $167 million in a Series C round led by ARCH Venture Partners. The company will use the financing to help advance its pipelines of mRNA medicines for oncology, in addition to refining the manufacturing technology that spurred the biotech’s launch. Nutcracker will also grow its team, particularly on the medical side of things, as it has recently rounded out its executive team.
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