Martin Silverstein

Mana joins the hec­tic fight against sol­id tu­mors with an ‘off-the-shelf’ can­di­date an­gling for an IND this year

The hunt for ef­fec­tive ther­a­pies for sol­id tu­mors has heat­ed up in ear­ly 2021 with a string of biotechs tout­ing big in­vestor checks and name-brand col­lab­o­ra­tions to chase those hard-to-treat lumps. Now, with one of its can­di­dates al­ready in the clin­ic for leukemia, Mana Ther­a­peu­tics is tak­ing a new round of fund­ing to join the fray.

On Fri­day, Mana un­veiled a $35 mil­lion Se­ries A fi­nanc­ing round that will help push the Boston-area biotech’s lead can­di­date through a Phase I tri­al and could help the com­pa­ny se­cure an IND for an off-the-shelf al­lo­gene­ic mol­e­cule tar­get­ing trans­plant-in­el­i­gi­ble AML and sol­id tu­mors with­in the year.

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