close

Fundraisings and IPOs

Date: 2011-11-28

Type of information: Grant

Company: Targovax (Norway)

Investors: Innovation Norway OFU-program (Norway)

Amount: 9 million NOK (€1.1 million)

Funding type: grant

Planned used:

This grant will be used to initiate a phase II/III clinical study of TG01 in operable pancreatic cancer. TG01 is a cancer vaccine which activates the body’s own immune system to recognize and kill cancer cells which have a mutated RAS-molecule.

Others:

Targovax AS will receive 9 million NOK in support from the Innovation Norway OFU-program to develop a therapeutic cancer vaccine targeting operated pancreatic cancer. The company will develop the vaccine in collaboration with Oslo University Hospital, The Radium Hospital.

Therapeutic area: Cancer - Oncology

Is general: Yes