NextPoint Therapeutics has filed a notice of an exempt offering of securities to raise $42,479,388.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, NextPoint Therapeutics is raising up to $42,479,388.00 in new funding. Sources indicate that as part of senior management Secretary and Treasurer, Paul Conrad played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About NextPoint Therapeutics
Founded by MPM Capital, NextPoint Therapeutics has assembled a team of proven drug developers to build a broad strategic pipeline of first-in-class immunotherapies based on a novel, validated checkpoint axis discovered by our scientist founders. Our goal is to deliver new options to people with cancer. NextPoint is advancing the field of immuno-oncology through its leading scientific work on the novel HHLA2 checkpoint axis. Our innovative approach integrates foundational science with a defined clinical biomarker strategy to deliver a new class of monotherapies for patients who do not benefit from PD-1/L1 inhibitors. NextPoint is simultaneously advancing therapeutic approaches utilizing the unique upregulation of HHLA2 in cancer as an anchor for tumor-targeting therapeutic modalities. Our team of proven drug developers is working closely with our renowned scientific founders to launch a new world of precision immuno-oncology and beyond.
To learn more about NextPoint Therapeutics, visit http://www.nextpointtx.com/
Contact:
Paul Conrad, Secretary and Treasurer
857-320-0417
https://www.linkedin.com/in/paulconrad/
SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.