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BioWorld - Tuesday, March 21, 2023
Home » Topics » Newco news

Newco news
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Patient with physician in hospital holding the Spincare system

Nanomedic's wound care system spins out skin-like dressing

Feb. 25, 2021
By Annette Boyle
No Comments
If Marvel’s Peter Parker had chosen to apply his graduate work in biochemistry and his web-shooters to medicine, he might have created something like Nanomedic Technologies Ltd.’s Spincare system. The system uses a hand-held medical gun that prints a flexible, transparent layer of artificial skin directly on a wound or burn. The Electrospun Healing Fiber (EHF) technology creates a waterproof, protective nano polymer matrix.
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RNA illustration

For therapeutic RNA, chasing its tail may be the way to go

Feb. 24, 2021
By Anette Breindl
No Comments
RNA has “huge potential” as a therapeutic modality and is beginning to deliver on that potential. But “manufacturing RNA has issues in production, delivery and performance,” Thomas Barnes told BioWorld. Barnes is the CEO of startup Orna Therapeutics LLC, which has the goal of addressing those issues with oRNA, an engineered form of circular RNA.
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Lungs wireframe illustration
Newco news

Asalyxa raises a seed financing to develop an ARDS therapy

Feb. 23, 2021
By Lee Landenberger
No Comments
Asalyxa Bio Inc. has closed on an oversubscribed seed financing of more than $2 million designed to advance its lead candidate, ASX-100, into the clinic in acute respiratory distress syndrome.
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Product image

Newco news: Ellen Medical develops portable and affordable dialysis machine

Feb. 19, 2021
By Tamra Sami
No Comments
PERTH, Australia – About seven years ago, Australia’s George Institute for Global Health conducted a study to find out how many people require dialysis for end-stage kidney failure compared to how many people receive treatment.
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Chinese yuan and piggy bank
Newco news

China’s Anticancer Bioscience raises $10 million, aims high in China

Feb. 9, 2021
By Sergio Held
No Comments
CAJICA, Colombia – China’s Anticancer Bioscience, a company focused on developing precision oncology medicines, has raised ¥66 million (US$10.2 million) to expand its small-molecule and natural product screening libraries and move two programs into IND-enabling studies.
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Cancer diagnostic illustration
Newco news

China’s Anticancer Bioscience raises $10 million, aims high in China

Feb. 8, 2021
By Sergio Held
No Comments
CAJICA, Colombia – China’s Anticancer Bioscience, a company focused on developing precision oncology medicines, has raised ¥66 million (US$10.2 million) to expand its small-molecule and natural product screening libraries and move two programs into IND-enabling studies.
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RNA virus illustration
Newco news

Covicept lands Forbion backing for mission to tackle RNA viruses

Feb. 5, 2021
By Michael Fitzhugh
No Comments
Covicept Therapeutics Inc., a young San Diego-based company focused on developing a small molecule to inhibit the replication and spread of SARS-CoV-2 and other RNA viruses, has launched with $2.3 million in seed funding from European VC firm Forbion. The company, spun out of research at the University of California, San Diego, aims to initiate its first clinical study in the middle of 2021.
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Cancer cells
Newco news

Market ‘solutes’ Nirogy small-molecule flag with $16.5M series A

Jan. 26, 2021
By Randy Osborne
No Comments
Boston-based Nirogy Therapeutics Inc.’s $16.5 million series A round is meant to enable a pipeline of small-molecule drugs targeting the solute carrier family of transporter proteins (SLCTs) embedded in the cell membrane, and let the firm bring its front oncology runner to the clinic in 2022.
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Product image

Opticyte plans trial of cellular oxygen monitor to detect sepsis

Jan. 15, 2021
By Mary Ellen Schneider
No Comments
Opticyte Inc., a medical device startup, is planning the first clinical trial of its cellular oxygen monitor, a new device that could help emergency physicians diagnose sepsis faster and prevent organ failure. The prospective, observational trial is set to launch in mid-2021.
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Hand holding lightbulb
Newco news

Flagship launches Inzen to develop therapies for diseases driven by fibrosis and regeneration

Jan. 13, 2021
By Lee Landenberger
No Comments
Newly launched Inzen Therapeutics Inc. is wrestling with cell loss and what information those cells impart as they die. The premise, that cells leave a legacy to living cells, is at the heart of the company as it works to find and develop therapies based on its Thanokine Biology, which the company said could be used for preventing and treating cancer, fibrotic disorders, immune-inflammatory disorders, metabolic disorders and degenerative diseases.
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