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BioWorld - Sunday, July 5, 2026
Home » Topics » Newco news

Newco news
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Peter Emtage, CEO, Santa Ana Bio
Newco news

Favorable winds blow for Santa Ana Bio: $168M in hand

June 13, 2024
By Randy Osborne
Santa Ana Bio Inc. launched with combined series A and B rounds that pulled down $168 million for its precision immunology push in inflammatory diseases, with an aim of entering the clinic next year across several fronts.
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Rahul Dhanda, president and CEO, Syntis Bio
Newco news

Syntis Bio launches for oral obesity, rare disease drugs

June 12, 2024
By Karen Carey
Focused on oral therapies for obesity, diabetes and rare diseases, Boston-based Syntis Bio Inc., which raised $15.5 million through seed funding last year, emerged from stealth to advance its synthetic tissue-lining technology and a pipeline of candidates.
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Startup key, rocket icon
Newco news

Adcytherix aims for innovation as startup in crowded ADC space

June 11, 2024
By Nuala Moran
Fresh from the sale of one antibody-drug conjugate (ADC) company, Jack Elands has formed another, raising €30 million (US$32.2 million) in seed funding for Adcytherix SAS. The newco brings together the same cast as Elands’ former company, Emergence Therapeutics, which was sold to Eli Lilly and Co. for an undisclosed sum in a deal that closed in August 2023.
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Rahul Dhanda, president and CEO, Syntis Bio
Newco news

Syntis Bio launches for oral obesity, rare disease drugs

June 11, 2024
By Karen Carey
Focused on oral therapies for obesity, diabetes and rare diseases, Boston-based Syntis Bio Inc., which raised $15.5 million through seed funding last year, emerged from stealth to advance its synthetic tissue-lining technology and a pipeline of candidates.
Read More
Antibodies
Endocrine/metabolic

Sixpeaks launches to advance its dual activin IIA/B antibody

June 5, 2024
By Nuala Moran
Obesity specialist Sixpeaks Bio AG emerged from stealth with $110 million in funding and an option to be acquired by Astrazeneca plc within the next two years, subject to filing an IND for the lead product. Of the $110 million, $30 million is a series A round, with the balance to come from Astrazeneca, which will provide nondilutive finance of up to $80 million.
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Antibodies
Newco news

Sixpeaks launches to advance its dual activin IIA/B antibody

May 31, 2024
By Nuala Moran
Obesity specialist Sixpeaks Bio AG emerged from stealth with $110 million in funding and an option to be acquired by Astrazeneca plc within the next two years, subject to filing an IND for the lead product.
Read More
Illustration of Epstein-Barr virus particles

Inhibiting metabolic enzyme prevents EBV-driven disease

May 28, 2024
By Anette Breindl
Treatment with indoleamine dioxygenase-1 (IDO1) inhibitors reduced both viremia and B cell transformation in animal models of post-transplant lymphoproliferative disorder (PTLD), while IDO1 up-regulation occurred in patients who would go on to develop PTLD. The findings, which were reported in the May 24, 2024, issue of Science by researchers from the University of Basel and the University Hospital Basel, point to new ways to predict, prevent and treat complications of Epstein-Barr virus (EBV) infection.
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Illustration of Epstein-Barr virus particles
Immune

Inhibiting metabolic enzyme prevents EBV-driven disease

May 24, 2024
By Anette Breindl
Treatment with indoleamine dioxygenase-1 (IDO1) inhibitors reduced both viremia and B cell transformation in animal models of post-transplant lymphoproliferative disorder (PTLD), while IDO1 up-regulation occurred in patients who would go on to develop PTLD. The findings, which were reported in the May 24, 2024, issue of Science by researchers from the University of Basel and the University Hospital Basel, point to new ways to predict, prevent and treat complications of Epstein-Barr virus (EBV) infection.
Read More
3D dollar sign
Cancer

Prologue wants to harness individually tiny, collectively giant viral proteome

May 22, 2024
By Lee Landenberger
Prologue Medicines Inc. has launched to develop therapeutics created from the viral proteome, which are proteins produced across all viruses. It’s a newer twist on harnessing the power of the proteins that regulate biology. The company was founded on the premise of peering beyond the human proteome to see if there were viral proteins that could become therapeutics, Theonie Anastassiadis, Prologue’s founding president, told BioWorld.
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Bispecific antibodies with heavy chain in green and pink, light chain in blue and yellow
Cancer

Aiming for complement activation, Commit launches with €16M

May 15, 2024
By Nuala Moran
Newco Commit Biologics ApS has arrived on the scene after raising €16 million (US$17.2 million) in a seed round to advance bispecific antibodies that are designed to activate the complement system and direct it to selectively kill cancer cells.
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