PELOTON THERAPEUTICS, INC.
Peloton Therapeutics, Inc., is a clinical-stage biotechnology company that discovers and develops first-in-class, small molecule cancer therapies targeting unexploited molecular vulnerabilities. Peloton Therapeutics’ lead program, PT2385, is a first-in-class small molecule targeting hypoxia inducible factor-2α (HIF-2α), a transcription factor implicated in the development and progression of renal and other cancers.
Click above image for video discussing Peloton’s HIF-2a inhibitor.
Peloton Therapeutics Completes $22.2 Million Private Financing
March 14, 2017, 8:00 AM Eastern Daylight Time
Peloton Therapeutics, Inc., a drug discovery and development company focused on advancing first-in-class, small molecule cancer therapies, announced today the exercise of an optional tranche of its previously-announced Series D financing round. With the exercise of this optional tranche, investors added $22.2 million to the earlier Series D close of $52.4 million, bringing the full amount raised in the Series D financing round to $74.6 million.