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Aspyrian Therapeutics Raises Venture Capital Equity

Friday, July 31, 2015 5:32:00 AM PDT | VentureDeal

   San Diego, California  --  Cancer treatment developer Aspyrian Therapeutics has secured $4.25 million in new venture capital equity funding, according to an SEC regulatory filing.

Aspyrian is developing novel targeted therapies for cancer treatments utilizing antibody conjugates with tumor specific activation.

The technology was developed at the National Cancer Institute and uses near-infrared light to activate a toxic die attached to monoclonal antibodies.

The company has initiated a phase 1 study to treat recurrent head and neck cancer patients.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Aspyrian previously raised $8.5 million in January 2015 from undisclosed investors.

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