Impact Therapeutics Closes $30 Million C Round for Cancer Drugs

Published on: Aug 3, 2018
Author: Amy Liu

Impact Therapeutics (Nanjing) closed a $30 million Series C round led by Decheng Capital with participation by Lilly Asian Ventures, an existing investor. Impact is  a clinical-stage biopharma developing best-in-class candidates for cancer and other serious diseases. Proceeds from the funding will be used for clinical development of Impact’s IMP4297, a potential best-in-class PARP inhibitor, and to advance Impact’s other programs developed from its DNA Damage Response discovery technology.

Source: China Biotoday

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