{"id":7046,"date":"2019-10-26T21:05:02","date_gmt":"2019-10-27T04:05:02","guid":{"rendered":"https:\/\/2020dev.rakuten-med.com\/?post_type=news&#038;p=7046"},"modified":"2020-09-12T13:18:00","modified_gmt":"2020-09-12T20:18:00","slug":"rakuten-medical-to-further-develop-its-photoimmunotherapy","status":"publish","type":"stories","link":"https:\/\/rakuten-med.com\/us\/news\/stories\/2019\/10\/26\/7046\/","title":{"rendered":"Rakuten Medical to further develop its photoimmunotherapy"},"content":{"rendered":"<p>BioSpectrum | August 5, 2019: Rakuten Medical, Inc., a clinical-stage, global biotechnology company developing precision-targeted cancer therapies based on its proprietary Photoimmunotherapy (PIT) platform, has raised approximately US\u00a0$100 million recently in a Series C-1 Preferred Stock financing from Rakuten, Inc., a global leader in internet services headquartered in\u00a0Japan. This investment is increasing Rakuten&#8217;s equity share of Rakuten Medical to 22.6\u00a0percent.<\/p>\n<p>Rakuten Medical intends to use the additional injection of capital to expand the development of the company&#8217;s oncology-focused PIT platform, strengthen its business and commercial functions, and provide resources to further identify and evaluate new investigational compounds and indications for the potential treatment of other types of cancers using PIT.<\/p>\n<p><a href=\"https:\/\/www.biospectrumasia.com\/news\/26\/14150\/rakuten-medical-to-further-develop-its-photo-immunotherapy.html\" target=\"_blank\" rel=\"noopener noreferrer\">Read the Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BioSpectrum | August 5, 2019: Rakuten Medical, Inc., a clinical-stage, global biotechnology company developing precision-targeted cancer therapies based on its [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"template":"","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"class_list":{"0":"post-7046","1":"stories","2":"type-stories","3":"status-publish","5":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rakuten Medical to further develop its photoimmunotherapy - Rakuten Medical - To conquer cancer.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rakuten-med.com\/us\/news\/stories\/2019\/10\/26\/7046\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rakuten Medical to further develop its photoimmunotherapy - Rakuten Medical - To conquer cancer.\" \/>\n<meta property=\"og:description\" content=\"BioSpectrum | August 5, 2019: Rakuten Medical, Inc., a clinical-stage, global biotechnology company developing precision-targeted cancer therapies based on its [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rakuten-med.com\/us\/news\/stories\/2019\/10\/26\/7046\/\" \/>\n<meta property=\"og:site_name\" content=\"Rakuten Medical - To conquer cancer.\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-12T20:18:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rakuten-med.com\/us\/wp-content\/uploads\/sites\/6\/2021\/02\/RakutenMedical_KV.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/rakuten-med.com\\\/us\\\/news\\\/stories\\\/2019\\\/10\\\/26\\\/7046\\\/\",\"url\":\"https:\\\/\\\/rakuten-med.com\\\/us\\\/news\\\/stories\\\/2019\\\/10\\\/26\\\/7046\\\/\",\"name\":\"Rakuten Medical to further develop its photoimmunotherapy - Rakuten Medical - To conquer cancer.\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rakuten-med.com\\\/us\\\/#website\"},\"datePublished\":\"2019-10-27T04:05:02+00:00\",\"dateModified\":\"2020-09-12T20:18:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/rakuten-med.com\\\/us\\\/news\\\/stories\\\/2019\\\/10\\\/26\\\/7046\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/rakuten-med.com\\\/us\\\/news\\\/stories\\\/2019\\\/10\\\/26\\\/7046\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/rakuten-med.com\\\/us\\\/news\\\/stories\\\/2019\\\/10\\\/26\\\/7046\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/rakuten-med.com\\\/us\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rakuten Medical to further develop its photoimmunotherapy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/rakuten-med.com\\\/us\\\/#website\",\"url\":\"https:\\\/\\\/rakuten-med.com\\\/us\\\/\",\"name\":\"Rakuten Medical - To conquer cancer.\",\"description\":\"Rakuten Medical, Inc. is a global biotechnology company developing precision, cell-targeting investigational therapies on its Alluminox\u2122TM technology platform. 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