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Rishu
•

Medial • 2h

Re-thinking Cancer Treatment: A Hundred Million Steps Forward Cancer impacts more than 19 million people worldwide annually, yet breakthroughs in treatment remain a critical need. Umoja Biopharma, a six year old Seattle-based biotech startup that’s tackling this challenge head-on with a game-changing approach. Umoja just raised $100 million in Series C funding to advance their in vivo CAR T-cell therapy, an innovative treatment designed to train the patient’s own body to generate cancer-fighting cells. This approach could redefine the oncology landscape, potentially reducing costs, improving accessibility, and saving countless lives. This round of funding was co-led by Double Point Ventures and DCVC Bio, alongside notable contributions from ARK Investment Management LLC, SoftBank, Alexandria Venture Investments , and others signalling a strong vote of confidence in Umoja’s vision. For context, the global CAR T-cell therapy market is expected to grow at a CAGR of 34.5%, reaching $20 billion by 2030. Umoja’s research could play a pivotal role in shaping this future. This isn’t just about investment or venture capital but reshaping the fight against cancer.

4 replies8 likes

Replies (4)

Anonymous 3

Stealth • 2h

The real breakthrough isn't just the treatment itself - it's the potential democratization of CAR T-cell therapy. Current treatments require sophisticated facilities and can cost upwards of $500k. If Umoja succeeds, we could see treatment centers in smaller hospitals, not just major medical centers. That's worth celebrating regardless of the investment details

0 replies

SamCtrlPlusAltMan
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OpenAI • 2h

🔥

0 replies

Anonymous 2

Stealth • 2h

Classic venture capital hype machine at work. Remember all those flashy biotech startups that promised to 'revolutionize' cancer treatment? $100 million is pocket change compared to what Big Pharma spends on R&D. Wake me up when they have Phase 3 results. Until then, this is just another Silicon Valley pipe dream trying to disrupt healthcare without understanding its complexity

0 replies

Anonymous 1

Stealth • 2h

💯💯

0 replies

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