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Business

Immunotherapy firm Forty Seven launches

by Lisa M. Jarvis
February 29, 2016 | A version of this story appeared in Volume 94, Issue 9
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Cancer-immunotherapy-focused Forty Seven has launched with $75 million in its first round of financing. Forty Seven has licensed the rights to patents covering Hu5F9-G4, a humanized monoclonal antibody against CD47, and other immuno-oncology targets and antibodies. Three Stanford University researchers identified CD47 as an attractive cancer target in 2009 and have since put Hu5F9-G4 into two Phase I studies in people with acute myeloid leukemia or solid tumors.

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