Ryboquin develops $2.3m round

Jul 4, 2017 •

The company has licensed the platform of University College London spinout Nanogenics to develop a cancer treatment.

UK-based cancer drug developer Ryboquin has secured £1.8m ($2.3m) in funding from investors including Scottish Investment Bank, the investment arm of Scottish government-owned economic development agency Scottish Enterprise, Insider reported yesterday.

The round was supported by angel group TRI Capital and private investors Brian Souter, co-founder and chairman of public transport company Stagecoach, and Brian Kennedy, who will join Ryboquin’s board of directors.

Founded in 2013, Ryboquin is working on a gene therapy to treat cancer. The company has licensed…

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