other material
confidence high
sentiment positive
materiality 0.85
Aprea Therapeutics raises $30M, confirms partial response for APR-1051 in Phase 1 trial
Aprea Therapeutics, Inc.
- Raised ~$30M via pre-funded warrants ($0.808) and common warrants ($0.683) expiring Dec. 31, 2029; led by Soleus Capital.
- Confirmed partial response in PPP2R1A-mutated endometrial cancer patient at 220 mg; target lesion reduction 59.5%, CA-125 drop from 362 to 40.2 U/mL.
- Two partial responses in endometrial cancer with PPP2R1A mutations; five stable diseases including HPV+ HNSCC, colorectal, and endometrial cancers.
- Cash runway extended into Q1 2028; dose escalation to 300 mg QD planned in Q2 2026.
- Oversubscribed offering; Oppenheimer & Co. and Maxim Group acted as placement agents.