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The funds will enable the company to catalyze the Phase 1 clinical development of its first therapeutic candidate MQ710, a novel 2nd-generation viral immunotherapy based on armed Modified Vaccinia Ankara (MVA), and to advance additional novel assets in its pipeline.
Lead Product(s): MQ710
Therapeutic Area: Oncology Product Name: MQ710
Highest Development Status: Preclinical Product Type: Large molecule
Partner/Sponsor/Collaborator: Hanne Capital
Deal Size: $15.0 million Upfront Cash: Undisclosed
Deal Type: Series B Financing September 28, 2020