Immuneering Completes Oversubscribed $62 Million Series B Financing

Immuneering Corporation today announced the completion of an oversubscribed $62 million Series B financing led by Cormorant Asset Management, with participation from Surveyor Capital (a Citadel company), Rock Springs Capital, funds and accounts advised by T. Rowe Price Associates, Inc., funds and accounts managed by BlackRock, Perceptive Advisors and LYFE Capital. Existing investors and senior management also participated in the financing. Immuneering will use proceeds from the financing to advance to clinical stage programs focused on targets in the RAS/MAPK pathway, a cellular signaling pathway commonly activated in many different tumor types and cancers. The company will also continue advancing additional programs in neuroscience and immuno-oncology, further develop its Disease Cancelling Technology (DCT) platform and enhance its computational biology services business. About Immuneering Corporation Immuneering is creating better medicines through insights from bioinformatics. The company’s proprietary computational Disease Cancelling Technology (DCT) platform enables Immuneering’s drug discovery programs. The company also provides unparalleled computational biology capabilities to leading pharmaceutical and biotechnology companies. Immuneering’s leading program, a small molecule in IND-enabling studies that targets MEK, is projected to enter clinical trials in late 2021. Immuneering also has multiple additional preclinical programs in oncology, neuroscience and immuno-oncology.
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