Natick, MA – According to filings with the U.S. Securities and Exchange Commission, PIC Therapeutics is raising $35,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Katherine Bowdish played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About PIC Therapeutics
PIC Therapeutics is a biotechnology company focused on fundamentally changing how we treat cancer by developing a new generation of therapeutics based on the modulation of RNA translation. PIC Therapeutics was founded on the seminal work of Dr. Gerhard Wagner, a professor at Harvard Medical School world-renowned for his scientific expertise in protein structure and his research on interactions of eukaryotic translation initiation factors (eIFs). PIC Therapeutics, led by President and CEO Dr. Kathy Bowdish, was launched to translate these discoveries into small molecule precision therapeutics to benefit cancer patients. Our precision-based therapeutics target the master switch of cancer signaling pathways, selectively blocking oncogene protein production by modulating the Pre-Initiation Complex (PIC) that drives their mRNA translation. Our selective approach has the potential to simultaneously modulate multiple oncogenic drivers leading to a powerful new generation of cancer-treating therapeutics.

To learn more about PIC Therapeutics, visit http://www.pictherapeutics.com/

Contact:
Katherine Bowdish, President and Chief Executive Officer
617-528-8715
https://www.linkedin.com/in/kbowdish/

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