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flag Callio Therapeutics secures $187M for cancer drug development, enhancing targeted treatments.

flag Callio Therapeutics, a new biotech company focused on developing multi-payload antibody-drug conjugates (ADCs) for cancer treatment, has secured $187 million in Series A funding. flag Led by Frazier Life Sciences, the funding will help expand operations and advance its lead program, a HER2-targeted dual-payload ADC. flag Callio also licensed Hummingbird Bioscience's ADC platform to enhance targeted drug delivery to tumors.

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