PRESS RELEASE
12 July 2023

K36 Therapeutics Raises $70 Million Series B Financing

GP
Goodwin Procter LLP

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K36 Therapeutics is a privately held clinical-stage biotech company developing KTX-1001, an investigational small molecule methyltransferase inhibitor of multiple myeloma SET (MMSET) domain.
United States

The Life Sciences team advised K36 Therapeutics on its $70 million Series B financing.

K36 Therapeutics is a privately held clinical-stage biotech company developing KTX-1001, an investigational small molecule methyltransferase inhibitor of multiple myeloma SET (MMSET) domain.

The funds will support the ongoing Phase 1 study of KTX-1001, planned clinical studies of KTX-1001 in combination with existing standard-of-care agents in multiple myeloma, and the expansion of KTX-1001 into additional hematological and solid tumor indications. KTX-1001 is a novel, first-in-class, potent, and selective catalytic inhibitor of the H3K36 methyltransferase MMSET. It is an orally administered small molecule being developed initially for treating relapsed and refractory multiple myeloma, focusing on patients with the genetic translocation t(4;14).

The Goodwin team was led by Kingsley Taft and Mulon Luo, and included Joseph Jung Hyuk Yim, Samantha Jandl, Aniko Bouley (Corporate) and Scott Zilora and Joseph Coughlin (Modeling) with invaluable support from Amy Josselyn and Gozde Guckaya (Global Trades).

For more details, read the press release and articles in Endpoints News.

Contributor

At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly changing, technology-driven economy sets us apart.

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