Corporates find NextCure for $67m series A

Jan 8, 2016 • Robert Lavine

Immuno-oncology company NextCure, which will develop products licensed from Yale School of Medicine, has closed a series A round backed by Pfizer and Eli Lilly.

US-based immuno-oncology technology startup NextCure secured $67m on Wednesday in a series A round featuring pharmaceutical companies Pfizer and Eli Lilly.

Eli Lilly, which participated through its Lilly Asia Ventures subsidiary, and Pfizer were joined in the round by Canaan Partners, OrbiMed Advisors, Sofinnova Ventures and Alexandria Venture Investments.

Founded in 2015, NextCure intends to develop product candidates licensed from the laboratory of co-founder Dr. Lieping Chen, a professor of immunobiology, dermatology, and medicine at Yale School of Medicine. It…

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