Investors in the Series B funding round include existing backers Roche Venture Fund, RiverVest Venture Partners, Digitalis Ventures and 3x5 Partners.

Good Therapeutics is a biopharmaceutical company focused on the generation of a new class of drugs that offer potent activity only where it is needed. The company's regulated, context-dependent molecules combine a sensor component directed against a specific marker with a therapeutic component that is active only when the sensor has bound its target. While Good Therapeutics' technology is applicable to a wide range of therapeutic areas including oncology, metabolic disorders, autoimmunity, and pain management, the company is currently developing a broad pipeline of drugs to address unmet needs in cancer, with an initial focus on regulated, context-dependent immunocytokines. The company's lead program is a PD-1 regulated IL-2 molecule that specifically directs IL-2 activity to immune cells with the capacity to recognize tumor cells, without affecting non-target cells. The result is expected to be therapeutics with increased efficacy for a wider range of patients than those served by current checkpoint drugs.