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Onchilles Pharma
Cytotoxic therapies selectively killing cancer cells
About Onchilles Pharma
Onchilles Pharma is a private biotechnology company founded in 2017 by Lev Becker, Ph.D., and Court R. Turner, J.D. The company spun out of the University of Chicago based on Becker's research into a novel innate immune system mechanism. Becker, who serves as the Chief Scientific Officer, discovered that the protein neutrophil elastase (ELANE), released by immune cells called neutrophils, can selectively kill cancer cells while sparing healthy tissue. This discovery, first published in the journal *Cell*, forms the foundation of the company's therapeutic platform.
The company's primary business is the discovery and development of first-in-class biologic drug candidates that harness the ELANE pathway to induce cancer cell death and activate a systemic immune response. This dual mechanism of action aims to provide both immediate tumor destruction and long-term anti-tumor immunity. The lead drug candidate, N17350, is an injectable biologic designed for direct tumor administration. Preclinical studies have shown N17350 to be effective across more than 30 cancer cell lines and 15 in vivo models, including in tumors resistant to chemotherapy. Onchilles is also developing NEU-002, a version of the therapy designed for intravenous delivery. The company's business model is focused on advancing these candidates through clinical trials to prove their safety and efficacy, with the ultimate goal of commercializing a new class of cytotoxic cancer treatments. The therapies are being investigated for multiple solid tumor types, including breast, skin, lung, and head and neck cancers.
Onchilles Pharma has progressed through several funding rounds to finance its research and clinical development. In June 2021, the company closed a $7 million Series A round. More recently, in November 2025, it secured a $25 million Series A1 financing, bringing its total Series A funding to $40 million. This capital is allocated to advancing the N17350 program through clinical proof-of-concept, which is anticipated by the second half of 2026. A first-in-human trial for N17350 is planned to start in Australia, with U.S. patient enrollment expected in mid-2026.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- San Diego, United States
- Employees
- 10
- Open positions
- None listed
- Dealroom signal
- 72.7/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Oncology, Drug Development, Antibodies, Immune System, Spinout, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Nov 2025 | $25M | $100M | Kennedy Lewis Investment Management · Lincoln Park Capital Fund · LYZZ Capital · InVivium Capital | ↗ |
| SERIES A✓Equity / VC | Jun 2021 | $7M | $28M | LYZZ Capital · University of Chicago’s Startup Investment Fund | — |
Growth signals
Latest recorded traffic for Onchilles Pharma is 1.5K monthly website visits, down 16.7% over the last three months. Onchilles Pharma's team declined 9.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
George Shultz Innovation Fund
Series A5 investors entered at this stage
- LCLYZZ Capital
- UFUniversity of Chicago’s Startup Investment Fund
Kennedy Lewis Investment Management
Lincoln Park Capital Fund- ICInVivium Capital
Other known investors1 additional known investor
The University of Chicago
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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