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BioWorld - Tuesday, May 24, 2022
Home » Topics » Newco news

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RNA strand
Newco news

Sixfold raises $10.5M to advance targeted mRNA therapies

Dec. 29, 2021
By Nuala Moran
No Comments
LONDON – The global pandemic has put the term mRNA on lips worldwide, but vaccines apart, the field of RNA therapeutics has failed to overcome the problem of delivery and is stuck at first base, targeting the liver. Newco Sixfold Bioscience Ltd. is the latest company working to end this constraint, applying a mixture of computation and advanced chemistry to design tissue-specific RNA delivery systems.
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Photo of Nomic's three co-founders

Nomic in $17M series A funding for high-throughput proteomic platform

Dec. 8, 2021
By Meg Bryant
No Comments
Protein profiling startup Nomic Bio has secured $17 million in an oversubscribed series A financing led by Lux Capital. The funds will be used to expand the company’s servicing and manufacturing labs in Montreal and Boston, to broaden access to its proteomic platform by scaling profiling capacity to 100,000 samples per quarter starting in the second quarter of 2022 and by scaling its protein-detection method, called nELISA, to 500 on-boarded proteins.
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Man wearing Ophthalmic Sciences' VR headset

Ophthalmic Sciences eyes 2023 for launch of AI device for glaucoma

Dec. 6, 2021
By Catherine Longworth
No Comments
Israeli startup Ophthalmic Sciences Ltd. is targeting 2023 for regulatory clearance of its artificial intelligence (AI)-based contactless intraocular pressure (IOP) measuring device, IO Perfect. The technology, which combines AI visual analysis in a virtual reality headset, enables remote monitoring of glaucoma. The device is designed to be used at home, in eye clinics, emergency room departments, pharmacies and primary physician settings.
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DNA
Newco news

Loqus23 targeting DNA damage repair processes for Huntington’s, other TRDs

Nov. 23, 2021
By Nuala Moran
No Comments
LONDON – Newco Loqus23 Therapeutics Ltd. has closed a £7 million (US$9.4 million) extension of its seed round, providing the means to progress its lead small-molecule program in Huntington’s disease through lead optimization. The extended round, from the Novartis Venture Fund and the U.K. government-backed Dementia Discovery Fund, follows an initial seed investment of £4.5 million by DDF in 2019, that was not made public at the time.
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Suzanne Saffie-Siebert, founder and CEO, Sisaf
Newco news

Sisaf to move siRNA program for bone growth disorder into the clinic in 2022

Nov. 11, 2021
By Cormac Sheridan
No Comments
DUBLIN – Sisaf Ltd. has exercised an option on an Italian preclinical program to treat a rare bone disorder, autosomal dominant osteopetrosis type 2, with an siRNA molecule, which it will deliver with its in-house Bio-courier technology.
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Hand holding money plant
Newco news

Recently launched Oxitope aims to exploit link between oxidative stress and disease

Oct. 28, 2021
By Nuala Moran
No Comments
LONDON – Four decades of academic research at the University of California, San Francisco, is to be translated through to the clinic with funding from a €1 million (US$1.2 million) European Commission grant. The money, awarded to a Dutch/German consortium will fund the generation and optimization of antibodies designed to neutralize oxidized phospholipids that mediate inflammatory changes in a swathe of diseases. The consortium that won the Eurostars award is led by Oxitope Pharma BV.
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Pill over molecule structures
Newco news

Sapreme hatches endosomal escape plans with $17M series A round

Oct. 7, 2021
By Cormac Sheridan
No Comments
DUBLIN – Sapreme Technologies BV is taking a novel approach to the extraordinary inefficiency of intracellular delivery of macromolecular drugs by developing a series of compounds that can dramatically improve the rate with which drugs such as proteins and oligonucleotides can escape the endosome.
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Petri dish and capsules
Newco news

Micreos sidesteps antibiotic resistance, targeting superbugs with $37M for endolysin

Oct. 4, 2021
By Richard Staines
No Comments
Developing the next generation of antibiotics is proving to be a major problem, with research reaching an almost standstill due to a lack of funding because of the poor return on R&D investment from the products.
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Smart Drain device image

Ordinary drywall screw could be key to treating collapsed lung

Oct. 1, 2021
By David Godkin
No Comments
TORONTO – Smart Biomedical Inc. has developed a tool it said will vastly improve the chances of recovery for patients suffering from a collapsed lung.
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Startup key, rocket icon
Newco news

Startup Accession aiming to create new generation of immunotherapy

Sep. 27, 2021
By Nuala Moran
No Comments
LONDON – The scientific pioneer behind T-cell receptors has taken the helm of a new biotech he believes has the technology to overcome current shortcomings of cancer immunotherapy. Bent Jakobsen, co-founder and long-term chief scientific officer of Immunocore plc and of CAR T-cell specialist Adaptimmune plc, is now CEO of Accession Therapeutics Ltd., set up to develop what is claimed as the first oncolytic virus to be genetically engineered to exclusively infect cancer cells.
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