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 $52.4 Million Private Financing
September 15, 2016, 8:00 AM Central Daylight Time
Peloton Therapeutics, Inc., a drug discovery and development company focused on advancing first-in-class, small molecule cancer therapies, announced today the completion of a $52.4 million Series D financing round. The financing round included new investor Foresite Capital Management and participation from all existing investors, including Remeditex LLC, The Column Group, Tichenor Ventures LLC, Topspin Fund LP, and Nextech Invest Ltd. As part of the Series D financing, Foresite Capital Management will add an observer to Peloton’s Board of Directors.