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Sotio Biotech Secures Funding to Expand & Advance Its Clinical Pipeline

Proceeds will be used to conduct two phase 2 studies with SOT101, including a checkpoint inhibitor combination trial.

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By: Charlie Sternberg

Associate Editor

Sotio Biotech, a clinical stage immuno-oncology company owned by PPF Group, has secured €280 million ($317.7 million) of funding to significantly expand and advance its clinical pipeline, including its lead asset SOT101, an IL-15 superagonist, and three new clinical programs until end of 2023.   The funding will be used to advance SOT101 through two multi-indication phase 2 clinical trials: The phase 2 AURELIO-03 study tests SOT101 as monotherapy in patients with melanoma, squamous skin carcinom...

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