{"id":39884,"date":"2020-09-14T16:49:57","date_gmt":"2020-09-14T20:49:57","guid":{"rendered":"https:\/\/sciencebusiness.technewslit.com\/?p=39884"},"modified":"2020-09-14T16:49:57","modified_gmt":"2020-09-14T20:49:57","slug":"precision-cancer-therapy-start-up-gains-110m-in-early-funds","status":"publish","type":"post","link":"https:\/\/technewslit.com\/sciencebusiness\/?p=39884","title":{"rendered":"Precision Cancer Therapy Start-Up Gains $110M in Early Funds"},"content":{"rendered":"<figure id=\"attachment_33063\" aria-describedby=\"caption-attachment-33063\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/04\/TCell_NIHgov_640.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-33063\" src=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/04\/TCell_NIHgov_640.jpg\" alt=\"Human T-cell\" width=\"640\" height=\"457\" srcset=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/04\/TCell_NIHgov_640.jpg 640w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/04\/TCell_NIHgov_640-300x214.jpg 300w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/04\/TCell_NIHgov_640-150x107.jpg 150w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2018\/04\/TCell_NIHgov_640-400x286.jpg 400w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-33063\" class=\"wp-caption-text\">Scanning electron micrograph of a healthy human T-cell (NIH.gov)<\/figcaption><\/figure>\n<p>14 Sept. 2020. A company creating cancer therapies with individualized engineered T-cells is raising $110 million in its first venture funding round. <a href=\"https:\/\/www.neogene.com\/\">Neogene Therapeutics Inc.<\/a> in Amsterdam, the Netherlands, is a two-year old enterprise based on research by its co-founder, immunologist <a href=\"https:\/\/www.nki.nl\/divisions\/molecular-oncology-immunology\/schumacher-t-group\/\">Ton Schumacher<\/a> at Netherlands Cancer Institute in Amsterdam.<\/p>\n<p>Neogene Therapeutics plans to discover and develop precision cancer treatments through preclinical stages. The company&#8217;s technology analyzes tumor biopsy samples that often express T-cell receptor genes, through tumor-infiltrating lymphocytes. These lymphocytes, white blood cells in the immune system, generate T-cell receptor genes representing the individualized chemistry of the patient&#8217;s tumor, particularly with mutated peptides or proteins in tumors known as neoantigens. Engineered T-cells, then, can target and attack these neoantigens with a high degree of precision.<\/p>\n<p>The company says it uses DNA sequencing, synthesis, and genetic screening to identify T-cell receptor genes with specific patterns of neoantigens from tumor biopsies. Once isolated, the T-cell receptor, or TCR, genes can then form the basis of engineered T-cells designed and produced in sufficient quantities to attack tumors with that specific neoantigen chemistry. Schumacher outlined much of this approach in a <a href=\"https:\/\/science.sciencemag.org\/content\/348\/6230\/69\"><em>Science<\/em> magazine article<\/a> in April 2015.<\/p>\n<p>&#8220;Neoantigens represent ideal targets for cancer therapy, as they inevitably arise from DNA mutations that enable tumor development in the first place,&#8221; says Schumacher in <a href=\"https:\/\/www.neogene.com\/neogene-therapeutics-raises-110-million-series-a-financing-to-develop-next-generation-fully-personalized-neo-antigen-t-cell-receptor-tcr-therapies\/\">Neogene statement<\/a>. &#8220;Further supporting this concept is clear, correlative evidence linking T-cell reactivity against neoantigens with tumor regression in several patients.&#8221;<\/p>\n<p>In addition to Schumaker, Neogene Therapeutics is founded by <a href=\"https:\/\/www.neogene.com\/inside-neogene-therapeutics__trashed\/cartsen-linnemann-phd\/\">Carsten Linnemann<\/a>, the company&#8217;s CEO, and biotechnology industry veterans Arie Belldegrun and David Chang. Belldegrun founded Kite Pharma, a pioneering company in engineered T-Cells acquired by Gilead Sciences in August 2017, and co-founded <a href=\"https:\/\/www.allogene.com\/about-us#mgmt-data-lg-1\">Allogene Therapeutics<\/a> with Chang. Allogene is developing off-the-shelf T-cell cancer therapies. Schumaker and Linnemann earlier founded the company T-Cell Factory B.V., acquired by Kite Pharma in 2015.<\/p>\n<p>&#8220;While engineered T cell therapies have transformed the treatment paradigm for patients with hematologic malignancies,&#8221;notes Linnemann, &#8220;the industry has struggled to translate this success to the enormous unmet need in patients with advanced solid tumors. We believe that through a fully individualized approach using patient-specific TCRs to target neo-antigens, engineered T cell therapy can become broadly accessible to these patients.&#8221;<\/p>\n<p>The $110 million first-round venture financing is led by EcoR1 Capital, Jeito Capital and Syncona, with participation from seed-round investors Vida Ventures, TPG, and Two River, and new investors Polaris Partners and Pontifax.<\/p>\n<p>More from Science &amp; Enterprise:<\/p>\n<ul>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=39867\">Antibody Discovery Company Forms, Partners on Covid-19<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=39720\">A.I. Discovery Company Raises $123M in Venture Funds<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=39685\">Start-Up to Engineer T-Cells for Autoimmune Diseases<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=39617\">Neuro Disease Start-Up Raises $73M in Early Funds<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=39610\">Synthetic Protein Maker Raises $91.3M in Venture Funds<\/a><\/li>\n<\/ul>\n<p style=\"text-align: center;\">*\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0 *<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A company creating cancer therapies with individualized engineered T-cells is raising $110 million in its first venture funding round.<\/p>\n","protected":false},"author":1,"featured_media":33063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,15],"tags":[31,21,51,74,23,55,24,64,27,89,19],"class_list":["post-39884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-products","tag-biomedical","tag-biotech","tag-cancer","tag-entrepreneurs","tag-equity","tag-genomics","tag-investment","tag-life-sciences","tag-pharmaceuticals","tag-preclinical","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/39884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39884"}],"version-history":[{"count":3,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/39884\/revisions"}],"predecessor-version":[{"id":39887,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/39884\/revisions\/39887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/media\/33063"}],"wp:attachment":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}