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Cartherics

Cartherics creates immunotherapy treatments to combat cancers.

Raised 9.77M EQUITY on October 1, 2024

About

Cartherics develops allogeneic iPSC-derived CAR-NK and CAR-T immunotherapies from cord blood, genetically engineering safe-harbor sites to enhance NK/T cells; lead CTH-401 targets TAG-72 and advances to clinical trial.

Mission

Cartherics develops cell-based immunotherapies, including CAR-NK and CAR-T products, using an allogeneic off-the-shelf iPSC platform derived from donated cord blood. The company genetically engineers iPSCs at specific “safe harbour” genomic sites to enhance the function of differentiated NK, T and other immune cells. Its lead product, CTH-401, is a CAR-NK therapy directed against the tumour antigen TAG-72 and includes deletions of two genes associated with immunosuppression. Cartherics has shown CTH-401 effectively kills ovarian cancer cells in tissue culture and animal models, and plans to initiate the first clinical trial next year. The recent financing will support the CTH-401 clinical trial and allow the company to expand its pipeline into other diseases. The company is privately held and headquartered in Melbourne, Australia.

Quick Facts

Founded

2014

Funding

EQUITY

Industry

Biotechnology

Team Size

11-50

Headquarters

Melbourne, Victoria, Australia