{"id":384793,"date":"2020-11-19T07:03:16","date_gmt":"2020-11-19T12:03:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384793"},"modified":"2020-11-19T07:03:16","modified_gmt":"2020-11-19T12:03:16","slug":"achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/","title":{"rendered":"Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong>Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further A<\/strong><br \/>\n        <strong>dvance the Development of Personalised T cell Therapies to Treat Solid Tumours<\/strong>\n      <\/p>\n<p align=\"center\">\n        <em>&#8211; Financing includes leading US-based life science investors OrbiMed and Boxer Capital of Tavistock Group <\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>Stevenage, UK 19 November 2020<\/strong> \u2013 Achilles Therapeutics (\u201cAchilles\u201d), a clinical-stage biopharmaceutical company developing personalised T cell therapies targeting clonal neoantigens, a novel class of tumour target, today announced it has raised \u00a352.7 million in an oversubscribed Series C financing. OrbiMed, Boxer Capital of Tavistock Group, and other prominent US-based, healthcare-focused institutional investors join existing investors including RA Capital, Syncona, Forbion, Invus, Perceptive Advisors and Redmile Group.<\/p>\n<p align=\"justify\">Proceeds from this financing will be used to accelerate the Company\u2019s R&amp;D activities and further build the clinical network to support the Company\u2019s ongoing Phase I\/IIa trials, the THETIS trial in patients with recurrent or metastatic malignant melanoma and the CHIRON trial in patients with advanced non-small cell lung cancer. Both clinical trials use the Company\u2019s innovative personalised T cell therapy approach targeting clonal neoantigens and are currently enrolling patients with interim data expected from both studies in the first half of 2021. In addition, the financing will enable the continued build out of Achilles\u2019 manufacturing capabilities and broaden its growing pipeline of solid tumour pre-clinical product candidates.<\/p>\n<p align=\"justify\">\u201cAchilles has made tremendous progress since its founding in 2016, and with this financing round we are further strengthening our outstanding syndicate with more leading US healthcare investors. I am delighted with this strong support for our innovative platform, team, and ambitious development strategy,\u201d <strong>said Dr. Iraj Ali, CEO of Achilles Therapeutics<\/strong>. \u201cAs we progress our two lead programmes in non-small cell lung cancer and melanoma through clinical trials, we believe that our personalised T cell therapy approach has the potential to transform how certain cancers are treated, bringing much needed novel cancer therapies to patients.\u201d<\/p>\n<p align=\"center\">\u2013 Ends \u2013<\/p>\n<p>\n        <strong>Notes for Editors:<\/strong>\n      <\/p>\n<p>\n        <strong>About Achilles Therapeutics<\/strong>\n      <\/p>\n<p align=\"justify\">Achilles Therapeutics is a clinical stage, biopharmaceutical company developing personalised T cell therapies targeting clonal neoantigens: protein markers unique to the individual that are expressed on the surface of every cancer cell. The Company has two ongoing Phase 1\/2a trials, the THETIS trial in patients with recurrent or metastatic malignant melanoma and the CHIRON trial in patients with advanced non-small cell lung cancer (NSCLC). Achilles uses DNA sequencing data from each patient, together with the proprietary PELEUS\u2122 bioinformatics platform, to identify clonal neoantigens specific to that patient, and then develop personalised T cell-based therapies specifically targeting those clonal neoantigens.<\/p>\n<p align=\"justify\">Achilles was founded in 2016 by lead investor Syncona Ltd and is supported by an international syndicate of life science investors including RA Capital, Forbion, Invus, Perceptive Advisors, Redmile Group, OrbiMed and Boxer Capital of Tavistock Group. For further information please visit the Company\u2019s website at:\u00a0<u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CgW8ldwR7-XkgndUvRB9_6kPnBas05SNdVPcTG8z6XpwndFwPcMnp4M1r1Ja5GZ1nIDr7MgL7LFoM586CAP7crXN4Z5ZKi6pKuFBO1Cj2pM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.achillestx.com<\/a>. <\/u><\/p>\n<p>\n        <strong>Further information:<\/strong>\n      <\/p>\n<p>\n        <strong>Achilles Therapeutics<\/strong><br \/>\n        <br \/> Dr Iraj Ali \u2013 Chief Executive Officer<br \/> +44 (0)1438 906 906<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZVbbr93ny6DTStZDvdLmB3HMnRwdz5O2736Hs2DghSQFXzpVk-sU-ztrsUX2Se_E02BZvqiS5XyNUO2x-_Bmus3aeqO858haRGNvXmJQUo4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>media@achillestx.com<\/u><\/a><\/p>\n<p>\n        <strong>Julia Wilson \u2013 Head of Communications<\/strong><br \/>\n        <br \/> +44 (0)7818 430877<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ITFiVqzpPjMtLlXmXMjz7GW5tfmo6u83G0YmuaCmwUbTfu5RpxkXMkd3p46_gHnQkXScYKO3VdovUphvqVnxJzgtAlmTeOjhqigadvw6GiI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>j.wilson@achillestx.com<\/u><\/a><\/p>\n<p>\n        <strong>Consilium Strategic Communications<\/strong><br \/>\n        <br \/> Mary-Jane Elliott, Sukaina Virji, Melissa Gardiner<br \/> +44 (0) 203 709 5000<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ff8cOQAKAzqmlAFrBq5HUg-vSXMInAVc9VINl1I14rTt243ZHSfBHMLcsKWUtbVNfOPfxxVxjxyYnAN8z97LFRRLtfcnmzftK4sbfN9KJPSymuRT2NPC4aRo_Qo0DAlr\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>achillestx@consilium-comms.com<\/u><\/a><\/p>\n<p>\n        <strong>US Investor Relations &#8211; Solebury Trout<\/strong><br \/>\n        <br \/> Lee Stern <br \/> +1 646-378-2922 <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=atnv_NEgMVN0xesV16WNkN55TjGSGw_WwwVQy5VxqJMKm9EL5HxcfK78fqpinp0bbDFWfUqUV2sy-ubaffxzZrMkuS2mWaAVCjQL5cBXsC4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>lstern@troutgroup.com<\/u><\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDQzOTg0OSM0MDA4MjI1NDIjNzAwMDExMzIz\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml-eu.globenewswire.com\/release\/track\/badd3df5-ec0b-41da-b838-6e2d38d82e86\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further A dvance the Development of Personalised T cell Therapies to Treat Solid Tumours &#8211; Financing includes leading US-based life science investors OrbiMed and Boxer Capital of Tavistock Group Stevenage, UK 19 November 2020 \u2013 Achilles Therapeutics (\u201cAchilles\u201d), a clinical-stage biopharmaceutical company developing personalised T cell therapies targeting clonal neoantigens, a novel class of tumour target, today announced it has raised \u00a352.7 million in an oversubscribed Series C financing. OrbiMed, Boxer Capital of Tavistock Group, and other prominent US-based, healthcare-focused institutional investors join existing investors including RA Capital, Syncona, Forbion, Invus, Perceptive Advisors and Redmile Group. Proceeds from this financing will be used to accelerate the Company\u2019s R&amp;D &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384793","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further A dvance the Development of Personalised T cell Therapies to Treat Solid Tumours &#8211; Financing includes leading US-based life science investors OrbiMed and Boxer Capital of Tavistock Group Stevenage, UK 19 November 2020 \u2013 Achilles Therapeutics (\u201cAchilles\u201d), a clinical-stage biopharmaceutical company developing personalised T cell therapies targeting clonal neoantigens, a novel class of tumour target, today announced it has raised \u00a352.7 million in an oversubscribed Series C financing. OrbiMed, Boxer Capital of Tavistock Group, and other prominent US-based, healthcare-focused institutional investors join existing investors including RA Capital, Syncona, Forbion, Invus, Perceptive Advisors and Redmile Group. Proceeds from this financing will be used to accelerate the Company\u2019s R&amp;D &hellip; Continue reading &quot;Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-19T12:03:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDQzOTg0OSM0MDA4MjI1NDIjNzAwMDExMzIz\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours\",\"datePublished\":\"2020-11-19T12:03:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\\\/\"},\"wordCount\":537,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMDQzOTg0OSM0MDA4MjI1NDIjNzAwMDExMzIz\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\\\/\",\"name\":\"Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/","og_locale":"en_US","og_type":"article","og_title":"Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours - Market Newsdesk","og_description":"Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further A dvance the Development of Personalised T cell Therapies to Treat Solid Tumours &#8211; Financing includes leading US-based life science investors OrbiMed and Boxer Capital of Tavistock Group Stevenage, UK 19 November 2020 \u2013 Achilles Therapeutics (\u201cAchilles\u201d), a clinical-stage biopharmaceutical company developing personalised T cell therapies targeting clonal neoantigens, a novel class of tumour target, today announced it has raised \u00a352.7 million in an oversubscribed Series C financing. OrbiMed, Boxer Capital of Tavistock Group, and other prominent US-based, healthcare-focused institutional investors join existing investors including RA Capital, Syncona, Forbion, Invus, Perceptive Advisors and Redmile Group. Proceeds from this financing will be used to accelerate the Company\u2019s R&amp;D &hellip; Continue reading \"Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-19T12:03:16+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDQzOTg0OSM0MDA4MjI1NDIjNzAwMDExMzIz","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours","datePublished":"2020-11-19T12:03:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/"},"wordCount":537,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDQzOTg0OSM0MDA4MjI1NDIjNzAwMDExMzIz","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-raises-52-7-million-in-an-oversubscribed-series-c-financing-to-further-advance-the-development-of-personalised-t-cell-therapies-to-treat-solid-tumours\/","name":"Achilles Therapeutics Raises \u00a352.7 Million in an Oversubscribed Series C Financing to Further Advance the Development of Personalised T cell Therapies to Treat Solid Tumours - 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