Biotech, Financing

Series C financing helps Genocea Biosciences raise $30 million

Posted on 11 October 2012

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Genocea Biosciences has raised $30 million in a Series C financing round.

The Bill & Melinda Gates Foundation and CVF are participating.

Funds raised from this financing will support the continued development of Genocea's two lead programs: GEN-003, a clinical-stage therapeutic vaccine candidate designed to reduce the frequency and severity of clinical outbreaks associated with moderate-to-severe Herpes Simplex Virus type 2 (HSV-2), and GEN-004, a preclinical vaccine candidate to prevent infections caused by Streptococcus pneumoniae.

In addition Genocea will expand its malaria program in collaboration with The Foundation, using Genocea's proprietary ATLAS platform to profile the immune response of volunteers participating in Foundation-sponsored malaria vaccine trials, to identify antigens for potential inclusion in a protein subunit vaccine.

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