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Forty Seven Finds $32.5M For Cancer Antibodies
Palo Alto-based
Forty Seven Inc.
, which is developing antibodies aimed at attacking cancer tumors, has raised the first half of a $75M in a Series A financing, the company said today. The company said the Series A was led by Lightspeed Venture Partners and Sutter Hill Ventures along with Clarus Ventures and GV (formerly Google Ventures). The company has licensned imuno-oncology programs from Stanford. The company's lead compound is Hu5F9-G4, a humanized monoclonal antibody against human CD47 that the company says has broad applications spanning multiple tumor types and treatment modalities.
posted on Wednesday, February 24, 2016 (
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Forty Seven Inc.
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