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TORL BioTherapeutics Closes Oversubscribed $158M Series B-2 Financing

Proceeds will be used to advance the clinical development of its novel antibody-drug conjugate oncology pipeline.

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By: Charlie Sternberg

Associate Editor

TORL BioTherapeutics, LLC, a clinical-stage biotechnology company involved in discovery and development of new antibody-based immunotherapies designed to improve and extend the lives of patients with cancer worldwide, has closed an oversubscribed $158 million Series B-2 financing.   The financing, led by Deep Track Capital, with new participation from global biotechnology investors including RA Capital Management, Perceptive Advisors, and Avidity Partners as well as all existing biotechnology ...

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