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BioWorld - Saturday, September 23, 2023
Home » Topics » Newco news

Newco news
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Aplife's DNA printer

Argentine startup prepares to screen up to 20M probes

May 27, 2021
By Sergio Held
No Comments
Startup Aplife Biotech is tapping into the rapidly growing market for biosensors that can expand the capacity of hand-held devices to screen for thousands of pathologies from a single drop of blood. Using technology developed in Argentina to print DNA structures on microchips, the company’s goal is to screen as many as 20 million probes with the potential to convert molecular interactions into electrical signals, opening a path for med-tech developers and manufacturers to explore new solutions for personalized health care.
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Truscore device image

Veriskin emerges from stealth mode with nonivasive skin cancer diagnostic tech

May 24, 2021
By Meg Bryant
No Comments
Veriskin Inc. has emerged from stealth mode with a noninvasive technology for skin cancer diagnosis and screening. The hand-held device, called Truscore, is designed to help nonexpert users quickly ascertain if a suspicious skin lesion is cancerous. Truscore works by detecting and interpreting force-induced hemodynamic differences between normal and malignant skin sores. It uses a proprietary artificial neural network-based artificial intelligence algorithm and protocols to differentiate skin cancers from other harmless skin conditions.
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Woman wearing K1 Embrace runs up set of stairs

Stoko raises C$6M seed round to market K1 knee brace

May 20, 2021
By David Godkin
No Comments
TORONTO – Startup company Stoko Inc. has raised C$6 million (US$4.74 million) in seed funding to accelerate market expansion of a device it said will give rigid knee braces a run for their money.
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Startup key, rocket icon
Newco news

Australian serial entrepreneur Darren Kelly tackles fibrosis yet again in Certa Therapeutics

May 18, 2021
By Tamra Sami
No Comments
PERTH, Australia – Certa Therapeutics Pty Ltd. founder and CEO Darren Kelly knows a thing or two about launching biotech companies. He spun out Fibrotech Therapeutics in 2006 from the University of Melbourne, which was one of the Medical Research Commercialization Fund’s first investments.
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Hand holding lightbulb

Whiterabbit hops out of stealth burrow with FDA clearance of breast cancer screening tool

May 14, 2021
By Annette Boyle
No Comments
While saying "white rabbit, white rabbit" on the first of the month may be a luck-bringing superstition, Whiterabbit.ai aims to take luck out of the equation in identifying early breast malignancies. The Santa Clara, Calif.-based company emerged from stealth mode with FDA clearance for its Wrdensity tool, two other products, and more than $49 million in funding to date.
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Digital heart illustration

Egnite aims to spark change in structural heart disease care with new predictive suite

May 12, 2021
By Annette Boyle
No Comments
Egnite Inc. emerged from stealth mode in February 2021 with the goal of combining data analytics and digital health technology to illuminate and solve persistent issues in the diagnosis and treatment of structural heart disease. Three months later, it has added artificial intelligence (AI) to its flagship solution, Cardiocare, to drive better diagnosis of aortic stenosis and help physicians predict patient outcomes.
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Cancer research illustration
Newco news

Adcendo raises $61M series A round to advance uPARAP-targeting ADC candidate

May 3, 2021
By Nuala Moran
No Comments
LONDON – In what is claimed as the largest series A for a Danish biotech, Adcendo ApS has raised €51 million (US$61.3 million) to take forward antibody-drug conjugate (ADC) drugs aimed at proprietary targets that are involved in cellular recycling processes.
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Hand holding money plant
Newco news

Stuart Therapeutics raise $11M to back topical dry eye disease candidate

April 27, 2021
By Michael Fitzhugh
No Comments
Stuart Therapeutics Inc., a company developing peptide therapeutics for ophthalmic disease, has completed an $11 million series A financing led by Infocus Capital Partners, an ophthalmology-focused life sciences venture capital fund, with significant participation by the Wisconsin Alumni Research Foundation, Mimo Capital and Biobrit.
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Imageens concept art and logo

Imageens raises $1.4M to launch its first AI and predictive biomarker software for cardiology

April 23, 2021
By Bernard Banga
No Comments
PARIS – Imageens SAS just raised a $1.4 million seed round to develop its two artificial intelligence (AI) systems in the field of medical imaging in Europe. Its first solution Artfun+, an AI software application, makes it possible to anticipate cardiovascular pathology thanks to new prognostic biomarkers. Its second product is Label, an algorithm which automatically classifies and assesses medical imaging data.
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Digital cancer cells illustration
Newco news

OS Therapies lands $6M series A to support osteosarcoma program, drug conjugate platform

April 20, 2021
By Michael Fitzhugh
No Comments
OS Therapies LLC, the developer of a listeria-based cancer vaccine to prevent metastasis and increase overall survival in young people with osteosarcoma, has closed on a $6 million series A financing led by Noble Capital Markets and Tichenor Ventures. The funds will help the company advance its lead candidate, OST-HER2, into a phase IIb trial this year with hopes of a potential FDA filing by in 2022.
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