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GlaxoSmithKline plc (ADR) (NYSE:GSK) Unit Invests In PsiOxus Therapeutics $39 Million Fund Raising

By May 20, 2015News
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GlaxoSmithKline-gsk-logo

The SR One VC unit of GlaxoSmithKline plc (ADR) (NYSE:GSK) has contributed in the Series C $39 million funding round of PsiOxus Therapeutics. The company is raising funds for conducting clinical trials of an oncolytic virus treatment with a checkpoint inhibitor. The fundraising has been initiated after the Phase 1 trial results of a study involving infusion of the oncolytic virus enadenotucirev that showed tumor cell infections

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