Ona Therapeutics Raises $86.6 Million Series B to Advance First-in-Class ADCs into Clinical Development

Valerie Vanhooren, PhD, Co-Founder and Chief Executive Officer at Ona Therapeutics, said: “The oversubscribed Series B marks an important step to advancing ONA‑255 toward clinical proof of concept in breast cancer, while progressing early clinical development activities for ONA‑389 in colorectal cancer. We are proud to have assembled a high-quality syndicate of investors who share our conviction in the differentiated science behind Ona’s novel targets and their potential to address drug resistance. Supported by a highly experienced and talented team, this financing strengthens our commitment to tackling hard-to-treat cancers through meaningful innovation and addressing the significant unmet need faced by patients with limited treatment options.”

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