Utrecht, The Netherlands
Lava Therapeutics develops unique antibody-based therapeutics, which engage and activate a unique subset of immune cells (gammadelta T-cells) that can destroy tumor cells. Gilde Healthcare led the company´s first institutional financing round in 2018 and remains the largest shareholder in the company. Gilde invested because of Lava Therapeutics´ differentiated platform, which was built on a strong scientific background and is supported by an experienced team.
Lava Therapeutics has the potential to address a variety of hematological and solid tumors with high unmet medical needs. The company has demonstrated promising efficacy and safety results across multiple tumor targets in relevant disease models. Lava Therapeutics will initiate clinical studies in cancer patients in 2021. A research and license agreement with Johnson & Johnson is currently ongoing.
Gilde Healthcare helped the company strengthen its leadership team and scientific advisory board and was responsible for Lava Therapeutics’ transatlantic expansion with the establishment of a US subsidiary. Prof. Paul Parren, Gilde Healthcare’s Operational Partner, also acts as Lava Therapeutics´ Head of R&D.
Steve Hurly, Lava Therapeutics´ CEO, comments “Gilde Healthcare has played an important role in helping Lava achieve its growth strategy. With their hands-on attitude, deep sector knowledge and successful track-record, we were able to leverage the company to key value inflection points in a short period of time and I am looking forward to continuing the collaboration”.