eFFECTOR Therapeutics, Inc. has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $15,000,000.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, eFFECTOR Therapeutics, Inc. is raising $15,000,000.00 in new funding. About eFFECTOR Therapeutics, Inc.: eFFECTOR Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the development of selective translation regulator inhibitors for the treatment of cancer. Its lead product candidate is Tomivosertib, an oral small-molecule inhibitor of MNK that is in phase 2b clinical trial for the treatment of patients with metastatic non-small cell lung cancer. The company is also developing zotatifin, a small molecule designed to inhibit eukaryotic initiation factor 4A (eIF4E), which is in Phase 1/2 clinical trial to treat patients with solid tumors and in combination with fulvestrant and abemaciclib in a Phase 2a open-label expansion cohort to treat patients with ER+ breast cancer. eFFECTOR Therapeutics, Inc. has a research collaboration and license agreement with Pfizer Inc. to develop inhibitors of eIF4E. eFFECTOR Therapeutics, Inc. was incorporated in 2012 and is headquartered in Solana Beach, California.
To learn more about eFFECTOR Therapeutics, Inc., visit http://effector.com/
Contact:
Stephen Worland, President and Chief Executive Officer
858-925-8215
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