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Finance
BlossomHill raises $100 million for cancer, autoimmune drugs
by Laura Howes
March 14, 2024
| A version of this story appeared in
Volume 102, Issue 8
The San Diego–based biotechnology firm BlossomHill Therapeutics has raised $100 million in series B funding. The company was founded in 2020 by Jean Cui and Peter Li, who had also cofounded Turning Point Therapeutics, now owned by Bristol Myers Squibb. BlossomHill focuses on small-molecule treatments for cancer and autoimmune diseases. The cash comes as the firm moves its first two oncology molecules into Phase 1 clinical trials.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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