Investment Banking
Healthcare & Life Sciences

OncoNano Medicine Lands $50m in Series B to Spur Nanosensor that 'Lights Up' Cancer

Published on
June 22, 2021

Summary

Onconano Medicine Inc. raised around $50 million in series B financing to accelerate the momentum of its technology designed to diagnose and treat cancer with highspecificity. The biotech company’s nanosensor works by reacting to low pH andilluminates cancer like a lightbulb, distinguishing cancerous tissue from healthy tissue.This is intended to make it easier for surgeons to remove cancer cells while leavinghealthy, functional tissue intact.

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