Loxo Oncology

Closed

United States · Founded 2013 · $57.0M raised

Employees
51–200
Founded
2013
Business Model
B2B
Total Funding
$57.0M
Last Round
$24.0M Series BMay 2014
Rounds
2

About

Loxo Oncology was a biopharmaceutical company focused on developing precision oncology medicines targeting cancers driven by specific genetic abnormalities. Its pipeline included larotrectinib (VITRAKVI), the first FDA-approved tumor-agnostic TRK inhibitor. The company was acquired by Eli Lilly in February 2019 for approximately $8 billion.

Summary

Loxo Oncology is a Biotech company based in United States, founded in 2013. It has raised $57.0M in total across 2 rounds, most recently a $24.0M Series B round in May 2014. Investors include Aisling Capital, Eli Lilly and New Enterprise Associates.

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Funding History

AcquisitionJan 2019
$8.0B

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Investors

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