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iOnctura: Receives €17.5M Funding from the EIC Accelerator

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

iOnctura Receives €17.5M Funding from the EIC Accelerator

  • iOnctura BV, an Amsterdam, Netherlands-based clinical-stage biotech developing cancer therapies, raised €17.5M in funding
  • The company intends to use the funds to advance its clinical program for IOA-289, an autotaxin inhibitor for the treatment of cancer
  • The company is a clinical-stage biotech developing selective cancer therapies against targets that play critical roles in multiple tumor survival pathways
  • The company has progressed two therapeutic candidates into mid-stage clinical development
  • On 8 December 2022, the platform announced the first patient was dosed in a Phase Ib clinical trial of IOA-289 in metastatic pancreatic cancer
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