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BioWorld - Monday, January 5, 2026
Home » Topics » Newco news

Newco news
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Biopharma research illustration
Newco news

AI-based Noetik closes on an oversubscribed $40M series A

Aug. 30, 2024
By Lee Landenberger
Artificial intelligence (AI) drug discovery company Noetik Inc. has closed on an oversubscribed $40 million series A financing round. The company plans to use the money to expand its atlas of human cancer biology with its in vivo CRISPR platform to advance a pipeline of cancer therapeutics to the clinic. In describing its approach, the company said that making a genuine impact on drug discovery requires computational capabilities to understand and simulate disease biology at the patient level, identifying the right targets and matching them with the right therapies.
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dysmenorrhea non-hormonal treatment
Patents

Device uses non-hormonal medications to treat dysmenorrhea

Aug. 29, 2024
By Simon Kerton
In what represents the first patenting from Munich, Germany-based Meliodys Medical UG, its co-founder and chief executive officer Simone Sabbione describes their development of a hormone-free, local pain management approach for treating dysmenorrhea, which aims to address the condition while minimizing the occurrence of side effects.
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Dendritic cells
Newco news

Diakonos raises $11.4M for its dendritic cell vaccine

Aug. 27, 2024
By Brian Orelli
Diakonos Oncology Corp. has developed a process to manufacture dendritic cell vaccines that the company believes are substantially more potent than its predecessors.
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Neurology/psychiatric

Vandria’s series A funds spur development of mitophagy inducer

Aug. 22, 2024
By Nuala Moran
After sparking further interest from investors after the close of its series A, Vandria SA has extended the round and now has the means to advance its lead mitophagy inducer program as far as phase Ib/IIa development in the treatment of mild cognitive impairment.
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Grey dollar sign on grey background
Newco news

Vandria’s series A funds spur development of mitophagy inducer

Aug. 22, 2024
By Nuala Moran
After sparking further interest from investors after the close of its series A, Vandria SA has extended the round and now has the means to advance its lead mitophagy inducer program as far as phase Ib/IIa development in the treatment of mild cognitive impairment.
Read More
Hand adjusting gears
Newco news

Borealis from Novartis is born from the remains of Chinook

Aug. 22, 2024
By Lee Landenberger
There was more juice to be extracted from the grape that was the very successful Chinook Therapeutics Inc., so two investors have decided to make the most of it. Novartis AG and Versant Ventures have launched Borealis Biosciences Inc. from Chinook’s remnants to develop RNA therapies for treating kidney disease.
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Alex Federation, co-founder and CEO, Talus
Newco news

Talus brings in $11.2M to target the undruggable

Aug. 20, 2024
By Lee Landenberger
In its fifth year of transcription factor discovery, Talus Bioscience Inc. just raised $11.2 million in new venture funding. Seattle-based Talus will use the money to further develop its MARMOT (Multiplexed Assays for the Rational Modulation Of Transcription Factors) platform.
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DermR collection device

Dermr could displace skin biopsies with microneedle patch

Aug. 20, 2024
By Tamra Sami
Skin biopsies could be a thing of the past thanks to the development of a new non-invasive microneedle patch to pre-screen for skin cancer. Dermr Health Solutions Pty Ltd. founder and CEO Stefan Mazy told BioWorld that the fledgling genomics startup company is pushing the boundaries of science with its Dermr patch that quickly and painlessly extracts live skin cells in 15 seconds, drastically cutting the time and discomfort associated with traditional biopsy procedures.
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DermR collection device

Dermr could displace skin biopsies with microneedle patch

Aug. 16, 2024
By Tamra Sami
Skin biopsies could be a thing of the past thanks to the development of a new non-invasive microneedle patch to pre-screen for skin cancer. Dermr Health Solutions Pty Ltd. founder and CEO Stefan Mazy told BioWorld that the fledgling genomics startup company is pushing the boundaries of science with its Dermr patch that quickly and painlessly extracts live skin cells in 15 seconds, drastically cutting the time and discomfort associated with traditional biopsy procedures.
Read More
Hemeo cds
Patents

Hemeo seeks protection for its AI-powered clinical decision support system

Aug. 16, 2024
By Simon Kerton
The first patenting from Hemeo BV describes its development of Vantage, an artificial intelligence powered clinical decision support software for coagulation management.
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