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BioWorld - Monday, July 6, 2026
Home » Topics » Newco news, BioWorld

Newco news, BioWorld
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Pill in immersive interface
Newco news

PDC Therapeutics building better docetaxel therapy with nanocarrier technology

July 11, 2022
By Nuala Moran
PDC Therapeutics SA has passed the first test of its novel nanocarrier technology, getting approval to move up from the initial dose in the phase I trial of lead product RS-0139, which targets a docetaxel payload to tumors expressing the integrin receptor.
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Clarity Pharmaceuticals sarcophagine (SAR) technology platform
Newco news

Radiopharma Clarity touts advantages of its targeted copper theranostics

July 6, 2022
By Tamra Sami
Clarity Pharmaceuticals Ltd. is progressing three of its targeted copper theranostics through the clinic that are based on its sarcophagine technology that securely holds copper isotopes inside a cage-like structure, called a chelator. The SAR technology allows a unique pairing of copper isotopes, copper-64  and copper-67, for both cancer diagnosis and therapy.
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Silhouette made of gears
Newco news

Old drug, new tricks: Aneurotech taking well-known antipsychotic into US depression trial

July 5, 2022
By Nuala Moran
After filing patents on a decades-old antipsychotic, Aneurotech BV is laying plans for a U.S. phase IIIb trial of the drug as an adjunctive therapy in major depressive disorder. The study will assess the effects of ANT-01, a low dose of pipamperone, a selective antagonist of both the serotonin 5-HT2A and D4 dopamine receptors, which has been on the market in some countries in Europe and elsewhere for more than 40 years.
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Hand holding dollar sign
Newco news

Alladapt’s goal is to help food allergy sufferers adapt

June 24, 2022
By Lee Landenberger
The only way to avoid food allergies right now is to stay away from whatever triggers them and, at best, grab some rescue epinephrine in case there’s trouble. Peanut allergies have an FDA-approved treatment, but the remainder of the troublemakers don’t have any therapies. Hoping to change that, Alladapt Immunotherapeutics Inc. closed a $119 million financing to develop its food allergy treatments. The Menlo Park, Calif.-based company’s lead candidate is ADP-101, an oral immunotherapy that is in a phase I/II trial and an open-label extension study of children and adults.
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Newco news

Carbon Biosciences takes aim at cystic fibrosis, launching with $38M toward next-gen gene therapy

June 24, 2022
By Richard Staines
Although there has been huge progress in treatment of cystic fibrosis over the last decade, with Vertex Pharmaceuticals Inc. becoming the first to address the underlying cause of the disease with its Kalydeco (ivacaftor), approved in 2012, there are still many patients who aren’t eligible for treatment.
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Wensheng Wei, founder, Therorna
Newco news

Chinese biotech Therorna completes $42M series A to develop circRNA COVID-19 vaccines

June 23, 2022
By Tamra Sami
Chinese biotech company Therorna Inc. completed a $42 million series A round to develop its circular RNA (circRNA) vaccines and therapies.
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Coins and seedling
Newco news

Ratio Therapeutics emerges with $20M financing, taking mathematical approach to radiopharmaceuticals

June 20, 2022
By Richard Staines
In the last decade, Bayer AG and Novartis AG have shown that radiopharmaceutical technology can produce marketable drugs, with Xofigo (radium-223 dichloride) and Lutathera (lutetium [177Lu] oxodotreotide), respectively approved for prostate cancer and neuroendocrine tumors.
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Heart and kidneys
Newco news

Vectus shows lead candidate reverses heart, kidney fibrosis

June 16, 2022
By Tamra Sami
From 20 years of research on metabolic change as a result of salt intake, Karen Duggan discovered in 2003 that a naturally occurring molecule in the human body, native vasoactive intestinal peptide (VIP), was capable of reversing fibrosis caused by hypertension and other chronic diseases such as diabetes. From that discovery, Vectus Biosystems Ltd. was founded, and the company has developed a new class of mimetic drug candidates and a drug library based on VIP.
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Antibody-drug conjugate
Newco news

Profoundbio completes $70M series A round to advance ADC programs to the clinic

June 9, 2022
By Tamra Sami
Profoundbio Inc. closed a $70 million series A financing round that will see it advance its two lead antibody-drug conjugate (ADC) programs to the clinic. The Suzhou, China, and Woodinville, Wash.-based company has raised a total of more than $138 million in the past two years.
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Nanosyrinx founder and CEO Joe Healey and Nick Waterfield
Newco news

UK biotech Nanosyrinx begins platform play around synthetic biology tech

May 27, 2022
By Richard Staines
A U.K. biotech is aiming to build a new pipeline around a unique drug delivery system employing a naturally occurring protein called a “nanosyringe” to overcome the technical challenges of delivering therapeutic payloads to target cells. Nanosyrinx Ltd., of Warwick, based its technology on a naturally occurring bacterial toxin mechanism, which produces tiny virus-like particles. The synthetic biology approach has allowed the company to tweak the cellular machinery of bacteria to produce these nanosyringes loaded with drugs.
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