
FogPharma, an oncology startup, has successfully closed a $145 million Series E financing round, a milestone that underscores its growth and potential in the biotech industry. The round, confirmed by the company, marks a significant phase of financing that is rarely achieved by biotech firms. Adding to its board, FogPharma has welcomed Alexis Borisy, a move that further solidifies its leadership as it continues to support cancer drug research. The financing was strongly backed by multiple blue-chip life sciences investors, highlighting the confidence in FogPharma's approach to cancer treatment. CEO Mathai Mammen expressed optimism about the company's mission, emphasizing the importance of making significant strides in a short life span with the statement, "Life is short. Let's try,…"
FogPharma pulls in $145M to support cancer drug research https://t.co/M2ZVc2kjh0 by @gwendolynawu
Congratulations to #TBCPartner FogPharma on the successful closing of a $145 million Series E financing with the strong backing of multiple blue chip life sciences investors. As FogPharma CEO Mathai Mammen (@mmammen) told @ADeAngelis_bio of @statnews: "Life is short. Let's try,… https://t.co/eXrtxarzWu
Exclusive: FogPharma raises a rare biotech Series E round. https://t.co/ZW0VYKBICf
