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Drug Development

Halda Therapeutics raises $126 million for precision cancer therapeutics

by Sarah Braner
August 15, 2024 | A version of this story appeared in Volume 102, Issue 25
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Halda Therapeutics has raised $126 million in a series B extension. The company makes precision cancer medicines . Its RIPTAC platform uses a “hold-and-kill” mechanism that joins a protein specialized to a type of cancer cell to a protein necessary for that cell to function. Halda will use this funding to advance its therapeutics in prostate and breast cancer through clinical trials. Its main candidate, HLD-0915, is expected to enter trials to treat metastatic prostate cancer in 2025.

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