Reversing course on IPO plans, iTeos draws $125M in private round with crossovers

With one cancer program yielding early data and a second in the clinic, iTeos added crossovers in its series B2

With two programs having entered the clinic since the company’s series B round, iTeos chose to raise another large private round rather than seek to tap the public markets as it had expected, drawing a new $125 million round to fund ongoing development.

The oncology company is calling the new funding a series

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