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Lutris Pharma Secures $30M Financing to Advance Development of LUT014

LUT014, a novel B-Raf inhibitor, is used for cancer patients who develop dose-limiting rashes.

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By: Charlie Sternberg

Associate Editor

Lutris Pharma, a clinical stage biopharmaceutical company focused on improving anti-cancer therapies by reducing cutaneous dose-limiting toxicity, has secured a $30 million financing to advance the development of LUT014, a topically applied gel aimed at reducing EGFRi-induced rashes, a common adverse side effect of cancer-fighting therapies. The round was led by Columbus Venture Partners and Pontifax Venture Capital, an existing investor, with Peregrine Ventures and aMoon Fund also participat...

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