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BioWorld - Saturday, May 30, 2026
Home » Topics » Newco news

Newco news
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Catharina Svanborg, chairman and founder, Hamlet

Hamlet building the case for 'bulldozer' cancer drug

Nov. 6, 2019
By Cormac Sheridan
DUBLIN – Hamlet Pharma AB is about to embark on the next phase in the clinical development of its novel cancer therapy, a constituent of human breast milk that has a selective effect on disrupting the membranes of cancer cells.
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Martin Jefson, CEO, Pinteon

Pinteon raises $17M series A, launches a phase I trial and starts prepping for series B

Nov. 1, 2019
By Lee Landenberger
With a $17 million series A fundraiser completed, Pinteon Therapeutics Inc., of Cambridge, Mass., is keeping its eyes on the phase I trial it started in September testing PNT-001, a tau antibody that targets cis-pT231 tau, a toxic epitope that drives neurodegenerative disease.
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AusBiotech 2019

Aussie immunology startup Kira Biotech launches with AU$20M series A financing

Oct. 31, 2019
By Tamra Sami
MELBOURNE, Australia – Brisbane-based Kira Biotech Pty Ltd. is poised to enter the clinic after raising AU$20 million (US$13.72 million) in series A funding to develop therapies targeting immune system disorders.
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Blocks spelling START UP

South Korea's RNA-focused biopharma Rznomics secures ₩12 billion in series A

Oct. 30, 2019
By Jihyun Kim
HONG KONG – South Korean startup Rznomics Inc. has recently secured ₩12 billion (US$10 million) in a series A investment. The Gwangju-based company focuses on cancer treatment development based on RNA platform technology.
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U.S.-China startup Hightide advances 'holistic' approach to NASH with lead candidate

Oct. 30, 2019
By Elise Mak
BEIJING – Hightide Therapeutics Inc., of Shenzhen, China, and Rockville, Md., said it finished the enrollment in phase IIa trials for its lead asset, HTD-1801, which is a potential first-in-class new molecular entity for primary sclerosing cholangitis (PSC) and nonalcoholic steatohepatitis (NASH).
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Allievex formed to advance Biomarin Sanfilippo candidate

Oct. 25, 2019
By Michael Fitzhugh
Allievex Corp., a new company advancing an enzyme replacement therapy for Sanfilippo syndrome type B licensed from Biomarin Pharmaceutical Inc. through a registrational phase II trial, has marked the first close of a series A financing co-led by Novo Holdings and the startup's founder, Pappas Capital.
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U.S.-China startup Hightide advances 'holistic' approach to NASH with lead candidate

Oct. 24, 2019
By Elise Mak
BEIJING – Hightide Therapeutics Inc., of Shenzhen, China, and Rockville, Md., said it finished the enrollment in phase IIa trials for its lead asset, HTD-1801, which is a potential first-in-class new molecular entity for primary sclerosing cholangitis (PSC) and nonalcoholic steatohepatitis (NASH).
Read More

Korea's Genome & Co. adds $25.2M in series C financing for microbiome-based therapies

Oct. 23, 2019
By Jihyun Kim
HONG KONG – South Korea's biopharmaceutical venture Genome & Co. Ltd. recently secured KRW30.2 billion (US$25.2 million) in series C investment with an IPO and global clinical trial plans for next year.
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Plexium raises a $28M series A to pursue E3 ligase-modulating therapeutic development

Oct. 21, 2019
By Lee Landenberger
It took newly launched Plexium Inc. CEO Kandaswamy (Swamy) Vijayan a few years to figure out where he needed to focus his creative energies. With an engineering background, he helped develop diagnostic tools. But he wanted to take the skill further.
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Canadian Itclamp blood control device of choice for Defense Department

Oct. 18, 2019
By David Godkin
TORONTO – Developed by Edmonton, Alberta-based Itraumacare Inc., the Itclamp has undergone multiple independent and peer-reviewed studies demonstrating its efficacy controlling blood flow from wounds to the head and neck during military combat in the Middle East. That's been enough for the U.S. Department of Defense's Committee on Tactical Combat Casualty Care to officially recommend its acquisition for use on battlefields.
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