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Xencor Adds $15 Million To Fifth Round

Friday, October 26, 2007 5:00:00 AM PDT | VentureDeal Staff

MONROVIA, CA -- Biopharmaceutical company Xencor said that it has closed its series E round with an additional $15 million in venture capital investment.

Xencor is developing a pipeline of antibodies for cancer and protein therapeutics for inflammation and autoimmune diseases.  The company's partners include Genentech and Eli Lilly.

Investors in the round included Oxford Bioscience Partners, Merlin Nexus and Novo A/S.  The company said it will use the proceeds to advance its XmAB antibody drug candidates.

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