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Start-ups

Cancer firm Diakonos raises $11.4 million

by Rowan Walrath
August 29, 2024 | A version of this story appeared in Volume 102, Issue 27

 

The Houston biotechnology firm Diakonos Oncology will begin a midstage clinical trial of its dendritic cell vaccine for cancer with the help of $11.4 million in seed financing. The drug candidate is designed to boost a patient’s immune cells—specifically, Th1 cells—to fight glioblastomas, pancreatic cancer, and angiosarcoma. Diakonos is developing other compounds for head and neck cancers and HER2-positive breast cancer. The investment firm Restem led the seed funding round.

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