Immunomic Therapeutics is Launching an Incubator and Looking for One Lucky Startup

Immunomic Therapeutics signed a $315 million licensing deal with a Japanese pharmaceutical company last year.

Now the company is looking to help another Maryland biotech startup get off the ground.

The Rockville-based company is accepting applications for its Cancer Discovery Incubator through Dec. 31.

The award is offering a company a $10,000/month stipend, bench space and supplies to conduct proof-of-concept experiments. Immumonic leaders William Hearl and Teri Heiland will also provide mentorship. The company is partnering with BioHealth Innovation on the effort.

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