
LSP in €42m series-B for Nouscom
Life Sciences Partners (LSP) has taken part in a €42m series-B funding round for Basel-based cancer vaccine developer Nouscom.
New investor Abingworth led the round, in which 5am Ventures (also a new investor) and existing investor Versant Ventures also took part.
The fresh capital will be used to advance the Nous-209 programme, an off-the-shelf cancer vaccine, into phase-I/II clinical trials. The programme is based on Nouscom's Evovax platform.
The company will also continue with development of Nous-100-PV, a programme based on its Endovax platform that is still in the discovery phase.
Previous funding
LSP and Versant led a €12m series-A for Nouscom in May 2016.
Company
Based in Basel, Nouscom's technology focuses on viral vectors and oncolytic viruses, which infect and kill tumor cells and stimulate an immune response against cancer cells throughout the body. It has two product candidates, the Endovax and Exovax programmes. Endovax is an antigenless vaccine based on oncolytic viruses capable of infecting and replicating only in cancer cells. Exovax is a personalised patient-specific vaccine.
People
Nouscom – Alfredo Nicosia (CEO).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater