Vaccinex has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $3,700,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Vaccinex is raising $3,700,000.00 in new funding. About Vaccinex: Vaccinex, Inc., a clinical-stage biotechnology company, engages in the discovery and development of targeted biotherapeutics to treat cancer, neurodegenerative diseases, and autoimmune disorders. The company’s lead drug candidate, pepinemab, a humanized monoclonal antibody that binds and blocks the activity of SEMA4D. Its Pepinemab is being evaluated in a Phase 1b/2 study in recurrent or metastatic head and neck cancer and in a Phase 1/2a study in Alzheimer’s Disease, with ongoing exploration of potential Phase 3 development in Huntington’s disease. It has also developed ActivMAb, an antibody drug discovery platform based on a novel method for complex targets, such as multi-pass membrane receptors or large and diverse libraries of full-length human monoclonal antibodies on the surface of pox viruses. The company was incorporated in 2001 and is headquartered in Rochester, New York.
To learn more about Vaccinex, visit http://www.vaccinex.com/
Contact:
Maurice Zauderer, Chief Executive Officer
585-271-2700
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