February 6, 2020, (Syracuse, New York) - Zetagen Therapeutics, Inc., a private, clinical-stage, biopharmaceutical company dedicated to driving breakthrough innovation in the treatment of metastatic bone cancers and osteologic interventions, today announced the close of $5.34M Series A funding round. The financing will accelerate the growth of the Company’s ongoing clinical programs for ZetaMet™ (Zeta-BC-003), a synthetic, small-molecule, inductive biologic being developed to target and resolve metastatic lesions while inhibiting future tumor growth.
“We are extremely pleased to have reached such an important milestone in Zetagen’s advancement as a biopharmaceutical company, ” said Joe C. Loy, CEO of Zetagen Therapeutics, Inc. “This funding is paramount to accelerating our clinical programs around ZetaMet™ (Zeta-BC-003) by adding the necessary scientific infrastructure that will allow us to prepare for future human clinical trials.”
ZetaMet™ (Zeta-BC-003) is a novel molecular pathway paired with a proprietary, drug-eluting implant technology. The novel therapy is designed to resolve tumor growth, inhibit pain, and regenerate bone. Zetagen exclusively licensed the platform technology from the State University of New York in 2016.
Founded in 2015, Zetagen Therapeutics is a private, clinical-stage, biopharmaceutical company, dedicated to developing proprietary carriers delivering tumoricidal therapies intratumorally via a singular injection for primary and metastatic breast cancer, minimizing patient side effects and postponing palliative radiation with the potential to increase survival rates.
The company's ‘Zeta” platform encompasses the following breast cancer drug candidates ZetaMet™ (Zeta-BC-003), ZetaMast™ (Zeta-MBC-005) and (NEW) ZetaPrime™ (Zeta-PBC-007). To learn more, visit www.zetagen.com.
Investor Inquiries:
InvestorRelations@zetagen.com