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BioWorld - Saturday, February 28, 2026
Home » Topics » Newco news, BioWorld Science

Newco news, BioWorld Science
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Neural network
Neurology/psychiatric

Vesalic targeting toxic muscle exosomes in motor neuron diseases

Feb. 24, 2026
By Nuala Moran
No Comments
Newco Vesalic Ltd. has formed to take forward research indicating extracellular vesicles secreted by skeletal muscle cells carry toxic payloads that are key drivers of motor neuron diseases, including amyotrophic lateral sclerosis. The discovery of this process, which is largely external to the brain and the central nervous system, has opened up new targeting possibilities, and Vesalic is now working on in vivo studies to demonstrate preclinical proof of concept.
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3D illustration of a chain of amino acid or biomolecules called protein
Drug design, drug delivery & technologies

Omnigeniq’s journey from space science to drug design

Feb. 18, 2026
By Tamra Sami
No Comments
A project that started as a bioreactor to assist astronauts in deep space to keep medications safe in a microgravity environment could help pharma companies model how drugs behave in the human body. Omnigeniq unveiled at the J.P. Morgan Healthcare conference the first computer model of a human protein as it exists in the body, confirming that native protein topology can be calculated directly from physics.
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Interleukin 17 (IL-17)
Immune

Quantx raises $85M to advance oral immunology drugs

Feb. 13, 2026
By Tamra Sami
No Comments
After closing an oversubscribed $85 million series B round, Quantx Biosciences Inc. is gearing up to begin clinical trials of its two lead immunology compounds, a STAT6 oral small-molecule inhibitor and an IL-17 oral small-molecule inhibitor.
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Park Tae-yong, vice president and cofounder, Galux
Drug design, drug delivery & technologies

AI meets antibody design: Galux draws $29M series B for drug R&D

Feb. 10, 2026
By Marian (YoonJee) Chu
No Comments
Galux closed a ₩42 billion (US$29 million) series B round Feb. 10, led by Yuanta Investment to bring AI-driven “rational design” to the protein drug development process, already heavily influenced by human engineering.
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Chromosome with shortened telomeres
Cancer

ALTx formed to drug pathway by which cancer cells become immortal

Feb. 6, 2026
By Nuala Moran
No Comments
Newco ALTx Therapeutics Ltd. has launched with a £12.55 million (US$17.1 million) seed round to develop inhibitors of the alternative lengthening of telomeres (ALT) pathway, by which 10% to 15% of cancers become immortal.
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AI generated illustration of lungs in the human body
Respiratory

Rage Bio enters clinic with inhaled oligonucleotide in COPD

Jan. 14, 2026
By Tamra Sami
No Comments
After raising AU$29 million (US$19.44 million) in a series A round, Rage Biotech Pty Ltd. is beginning phase I trials of its lead candidate, RB-042, an inhaled splice-switching oligonucleotide for treating chronic obstructive pulmonary disease (COPD) and other inflammatory lung diseases.
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Swiss currency
Immune

Tecregen raises seed round to progress thymus-restoring biologics

Jan. 12, 2026
By Nuala Moran
No Comments
Newco Tecregen AG has raised CHF10 million (US$12.5 million) to advance a novel way of regenerating the thymus in order to boost T-cell production and stimulate recovery of the immune system following stem cell transplants and chemo- and radiotherapy.
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India map on technology concept background
Diagnostics

Bayosthiti AI to build India-specific RNA sequencing ecosystem

Dec. 31, 2025
By Marian (YoonJee) Chu
Bayosthiti AI Pvt Ltd. aims to make RNA sequencing and AI-based preventive health care affordable and accessible for the Indian market, leveraging intellectual property from its parent company, Biostate AI Inc.
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Kim Woo-youn, CEO and cofounder, Hits
Drug design, drug delivery & technologies

Hits’ Hyperlab launches as ‘virtual AI lab’ for new drug discovery

Dec. 17, 2025
By Marian (YoonJee) Chu
No Comments
Things once done in laboratories can now be done with computers and AI, said Kim Woo-youn, CEO and cofounder of Hits Inc. “We live in the age of ‘digital alchemy,’” Kim told BioWorld, describing how AI is shifting some drug discovery processes from physical to virtual spaces.
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Illustration of T cells attacking tumor
Cancer

Disco closes €36M seed round to advance surfaceome technology

Dec. 12, 2025
By Nuala Moran
No Comments
Disco Pharmaceuticals GmbH announced the final close of its seed round at €36 million (US$42 million), as it shapes up novel targets it has discovered with its surfaceome platform technology for formal preclinical development.
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