On September 4, 2019 Achilles Therapeutics, a biopharmaceutical company reported it launched in 2016, based on work led by Professor Charles Swanton of UCL and the Francis Crick Institute, has raised £100 million in Series B financing (Press release, UCLB, SEP 4, 2019, View Source [SID1234539255]).

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The financing was led by incoming U.S. investor RA Capital Management, corner-stoned by founding investor Syncona and joined by important new investors including Forbion, Invus, Perceptive Advisors and Redmile Group.

Proceeds from this financing will deliver two human proof-of-concept studies using a unique personalised T cell therapy approach targeting clonal neoantigens in non-small cell lung cancer and melanoma. These programmes are expected to enter the clinic this year. In addition, the financing will enable the Company to continue building out its manufacturing capabilities as well as broadening its growing solid tumour pre-clinical product pipeline.