A Philadelphia company developing immunotherapies to treat cancer raised $5 million in a private stock sale, according to documents filed with the Securities and Exchange Commission.
Immunome is seeking to raise a total of $12 million in its current round of equity financing, according to the filing.
Jane Hollingsworth, CEO of Immunome, declined through a spokeswoman to comment on the financing saying she preferred to wait until the stock sale was completed before discussing the use of the proceeds.
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Immunome was founded at the Lankenau Institute for Medical Research in Wynnewood. It is one of a handful of Philadelphia biopharmaceutical companies focused on immuno-oncology, a rapidly expanding field in cancer treatment in which the body’s own immune system is enhanced through bioengineering to identify and destroy tumor cells.
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