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SURGE Therapeutics Raises $32M Series B Financing to Advance Intraoperative Immunotherapy to Improve Cancer Patient Survival Outcomes Post-Surgery
SURGE Therapeutics, a biotech company pioneering the delivery of immunotherapy during cancer surgery, announced today the completion of a $32 million Series B financing led by Bioluminescence Ventures, with participation from KdT Ventures, Piedmont Capital, and existing investors 8VC, Alumni Ventures, Camford Capital, Cancer Research Institute, Intuitive Ventures, Khosla Ventures, and Pitango HealthTech.
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This Startup Just Raised $32 Million To Keep Cancers From Recurring After Surgery
When someone has a tumor localized to one part of the body, the traditional treatment is pretty simple: use surgery to cut it out. But such surgeries aren’t perfect. Tumors can grow back, often bolstered by a suppression of the immune system that can follow surgery.
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Immunotherapy during surgery? Surge Therapeutics nabs $32M to expand clinical plans after first dosing
Weeks ago, Surge Therapeutics marked what CEO Michael Goldberg hopes will go down in history as a turning point in cancer care: the first time a patient received an immunotherapy, in the form of a hydrogel, at the site of their tumor during surgery.
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SURGE Therapeutics Receives FDA Clearance of IND Application to Initiate Phase 1/2a Study of Intraoperative Immunotherapy in Bladder Cancer
SURGE Therapeutics (SURGE) announced today that the U.S. Food & Drug Administration (FDA) has accepted its Investigational New Drug (IND) application to proceed with a Phase 1/2a study of its intraoperative immunotherapy, SURGERx with resiquimod (STM-416), for prevention of recurrence and/or progression after transurethral resection of bladder tumor (TURBT) in patients with non-muscle invasive bladder cancer (NMIBC) who were previously diagnosed with high-grade disease and experience recurrence.
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SURGE Therapeutics Raises $26M Series A Financing to Accelerate Development of Intraoperative Immunotherapy to Improve Survival Outcomes Post-Surgery
Funding will be used to accelerate development of the SURGE™ intraoperative immunotherapy approach, expand the team, and initiate clinical trials for its first two programs.
Surge raises $26M to take anti-cancer extended-release hydrogel into the clinic
Surge Therapeutics has raised money to take its extended-release biodegradable hydrogel into the clinic, reeling in $26 million to test its belief that implanting the scaffolds after surgery will improve outcomes in solid tumor patients.
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Backed by Bob Langer, former Harvard prof sets out to test a new way to deliver I/O drugs — during surgery
Every year, millions of cancer patients undergo surgery to get their tumors removed. But while resection can stave off cancer for some time, as many as 40% of patients would eventually see their cancer return — and succumb to the disease.
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Biotech Startup Surge Therapeutics Gathers $26 Million for Cancer Treatment
Company seeks to improve surgical treatment of cancer through immunotherapy
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Bob Langer, Cancer Research Institute Back Intraoperative Immunotherapy Pioneer
Post-surgical recurrence and metastasis account for 90 percent of cancer-related deaths, something Dr. Michael Goldberg, founder and CEO of newly debuted SURGE Therapeutics, knows all too well.
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Immunotherapy hydrogel developer surges ahead with $26M series A
Surge Therapeutics Inc. landed $26 million in funding through a series A fundraising round to accelerate development of its intraoperative immunotherapy hydrogel.
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Surge launches to enhance cure rates for cancer surgery
Cancers are like garden weeds. Even after the surgical removal of a tumor, cancer-cell stragglers can grow back and overrun the body. Surgery is the most common intervention for tumors, but it’s by no means a cure—about 40% of the 9 million people around the world who undergo the procedure every year experience a cancer comeback within 5 years.
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Dana-Farber scientist's new startup aims for cancer drugs to be used during surgery
A scientist who trained under renowned chemical engineer Bob Langer and Nobel Prize-winning Biogen Inc. co-founder Phillip Sharp has ideas about how to transform cancer treatment.
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Harvard spinout Surge emerges with $26M to make immunotherapy part of cancer surgery
Surge Therapeutics' hydrogel is engineered to deliver a cancer immunotherapy. Rather than replace surgery, CEO Michael Goldberg says the hydrogel could supplement this standard of care for solid tumors. The startup's Series A financing will support the technology's first test in humans.