Round C $15 million to complete Phase III and File NDA
Market
Angiogenesis inhibitors are expected to be used in the therapies of several different cancers-colon, breast, prostate, ovarian, head & neck/esophageal, pancreatic and lung among others. CTO a small molecule that has comparable effects to AVASTIN in preclinical colon cancer. It can be given orally. In addition, CTO is a synthetic oral inhibitor of calcium influx and has demonstrated anti-invasive and anti-proliferative properties. Most importantly, it will be cost effective in comparison to comparable biological angiogenesis inhibitors.