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Category: Uncategorized

FACIT portfolio reports $750M follow-on financing

Posted on June 3, 2019 (October 4, 2022) by jeremy

June 3, 2019 – June 3, 2019 – FACIT’s network of industry partners and investors are becoming increasingly aware of the top-tier quality of Ontario’s innovations, which has been integral in attracting the $750M follow-on investment.

Posted in Uncategorized

Entrepreneurs from Ontario’s Nanology Labs and Xpan Inc. receive FACIT investment for early-stage cancer innovations

Posted on April 8, 2019 (October 4, 2022) by jeremy

April 8, 2019 – April 8, 2019 – FACIT is pleased to announce recent successes in its mission to help bridge the capital gap often experienced by early-stage entrepreneurs.

Posted in Uncategorized

FACIT Features: Fusion Pharma completes $105M Series B financing

Posted on April 2, 2019 (October 4, 2022) by jeremy

April 2, 2019 – April 2, 2019 – Ontario First investor FACIT congratulates portfolio company Fusion Pharmaceuticals, a clinical-stage biotech developing novel targeted alpha radiotherapies

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FACIT Features: Triphase Accelerator initiates Phase 1 clinical trial of next-gen ADC for B-cell lymphoma

Posted on April 1, 2019 (October 4, 2022) by jeremy

April 1, 2019 – April 1, 2019 – Triphase Accelerator has dosed their first patient in a Phase 1 clinical trial of TRPH-222, an anti-CD22 antibody-drug conjugate (ADC) for the treatment of patients with lymphoma.

Posted in Uncategorized

FACIT Features: Portfolio company Fusion Pharma launches Phase 1 trial for next-gen radiotherapeutic

Posted on February 25, 2019 (November 30, 2021) by jeremy

February 25, 2019 – Fusion Pharma announced the first patient dosing with lead candidate in Phase 1 trial for solid tumors.

Posted in Uncategorized

FACIT in the News – @globeandmail

Posted on February 6, 2019 (November 29, 2021) by jeremy

February 6, 2019 – “For innovation, open science means open for business”, February 6, 2019

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FACIT in the News – @globeandmail

Posted on January 29, 2019 (November 29, 2021) by jeremy

January 29, 2019 – “U.S. biotech giant Celgene invests in Ontario-developed blood-cancer drug in potential $1-billion deal”, January 29, 2019

Posted in Uncategorized

FACIT and Triphase Accelerator Announce New Partnership with Celgene for First-in-class WDR5 Leukemia Therapy

Posted on January 29, 2019 (November 30, 2021) by jeremy

January 29, 2019 – Triphase Accelerator, together with its majority shareholder FACIT, today announced a new strategic collaboration with Celgene for a first-in-class preclinical therapeutic targeting the WDR5 protein for the treatment of blood cancers including leukemia.

Posted in Uncategorized

FACIT Makes Follow-on Investment in AI-based genomics company, DNAstack

Posted on January 10, 2019 (November 30, 2021) by jeremy

January 10, 2019 – FACIT’s Compass Rose Oncology Fund is providing the follow-on investment. DNAstack also previously received capital from FACIT’s early-stage Prospects Oncology Fund, illustrating FACIT’s strategy to ensure promising companies grow roots and scale up in Ontario.

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FACIT Features: Portfolio company KA Imaging launches first-in-human pilot study to test lung screening x-ray

Posted on November 12, 2018 (November 30, 2021) by jeremy

November 12, 2018 – KA Imaging, a recent Prospects Fund recipient, is partnering with Grand River Hospital to conduct a pilot study on the use of a high-resolution multi-energy digital x-ray imager for patients with lung nodules.

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