K36 Therapeutics Receives $70M Series B Financing to Develop KTX-1001 to Treat Multiple Myeloma

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The round was led by Nextech Invest, BMS, and other undisclosed investors along with all existing investors incl. Atlas Venture, F-Prime Capital, and Eight Roads Ventures
The fund will be utilized to develop the ongoing dose escalation P-I study evaluating the safety tolerability, and efficacy of KTX-1001 + SoC and the expansion of KTX-1001 into other hematological and solid tumor indications
KTX-1001 is an orally administered small molecules, H3K36 methyltransferase MMSET inhibitor being developed to treat r/r multiple myeloma patients with the genetic translocation t(4;14)

Ref: PRNewswire | Image: K36 Therapeutics

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