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Oncology

AUM Biosciences raises $27 million for cancer drugs

by Ryan Cross
October 15, 2021 | A version of this story appeared in Volume 99, Issue 38
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AUM Biosciences has raised $27 million in series A funding to develop small-molecule therapies for genetically defined cancers. The Singapore-based start-up will use the funds to begin Phase 2 clinical trials of its lead programs: an inhibitor that targets the kinase MNK and a molecule that targets tumors that have TRK fusions. AUM is also developing a PI3K kinase inhibitor that it says could be useful in combating drug resistance in tumors.

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