CONCARLO Holdings, LLC is a precision medicine oncology company, whose goal is to develop novel inhibitors and diagnostics to extend the lives of metastatic breast cancer patients. Concarlo’s business development efforts during its first four years included the successful acquisition of a competitive NIH SBIR Phase 1grant and a contract from the NIH Nanoparticle Characterization Lab, financing from the NY SEED fund, the Cavendish Impact Foundation, and University of Buffalo Economic Development Corporation. We have raised $4.5M from FF rounds, and will open our convertible bond pre-Series A round in September 2021. We estimate $15M will be required to take IpY to the Clinic. With this raise, we intend to begin our FIH trial in 2 years. Our lead IpY is a $2B+ opportunity to treat drug-resistant Breast Cancer by targeting p27Kip1.
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