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BioWorld - Monday, July 20, 2026
Home » Topics » Newco news

Newco news
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Bioprinter device

Aussie startup Inventia could revolutionize skin regeneration with 3D bioprinting robot

July 31, 2020
By Tamra Sami
PERTH, Australia – Startup Inventia Life Science Pty. Ltd. has received two major investments from the Australian government to accelerate the development of a robotic device that prints a patient’s own skin cells directly onto a burn or wound. Named Ligō from the Latin “to bind,” the device could revolutionize the way surgeons approach wound repair.
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South Korean won
Newco news

G2GBIO seeks further funds after $9.53M series B financing

July 28, 2020
By Gina Lee
HONG KONG – Daejeon, South Korea-based biotechnology company G2GBIO Inc. has raised ₩11.4 billion (US$9.53 million) from a series B financing round, with the funds to be used on clinical trials for a sustained-release Alzheimer’s treatment as well as nonclinical trials for diabetes and sustained-release postoperative pain treatments.
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Newco news

Starvation safety switch could make cell therapies safer

July 28, 2020
By Anette Breindl
By deleting the gene for uridine monophosphate synthetase (UMPS), an enzyme in the pathway for uridine synthesis, researchers have made cells, including embryonic stem cells and T cells, dependent on dietary uridine. The work, which was published in the July 13, 2020, online issue of Nature Biotechnology, adds a new potential way of controlling cell therapies.
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Cells, DNA illustration
Newco news

Starvation safety switch could make cell therapies safer

July 27, 2020
By Anette Breindl
By deleting the gene for uridine monophosphate synthetase (UMPS), an enzyme in the pathway for uridine synthesis, researchers have made cells, including embryonic stem cells and T cells, dependent on dietary uridine. The work, which was published in the July 13, 2020, online issue of Nature Biotechnology, adds a new potential way of controlling cell therapies.
Read More
South Korean won
Newco news

G2GBIO seeks further funds after $9.53M series B financing

July 24, 2020
By Gina Lee
HONG KONG – Daejeon, South Korea-based biotechnology company G2GBIO Inc. has raised ₩11.4 billion (US$9.53 million) from a series B financing round, with the funds to be used on clinical trials for a sustained-release Alzheimer’s treatment as well as nonclinical trials for diabetes and sustained-release postoperative pain treatments.
Read More
Health professional holding stethoscope with health icons
Newco news

After EU withdrawal, catumaxomab ready for phase III trials again under China’s Lintonpharm

July 21, 2020
By Elise Mak
The first bispecific antibody to win regulatory approval, Removab (catumaxomab) was voluntarily withdrawn due to commercial reasons. Now Chinese biotech Lintonpharm Co. Ltd., of Guangzhou, said it plans to move catumaxomab to a global phase III trial following an IND approval from China’s NMPA, investigating the trifunctional bispecific antibody in patients with peritoneal carcinomatosis, a form of advanced gastric cancer.
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Newco news

Australia’s Brandon Capital leads AU$29 M series A investment in Glyscend’s diabetes polymer compound

July 21, 2020
By Tamra Sami
PERTH, Australia – With a series A investment in hand, Glyscend Therapeutics Inc. will take its polymer therapeutic that mimics the effect of gastric bypass surgery to Australia next year to begin clinical trials.
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Health professional holding stethoscope with health icons
Newco news

After EU withdrawal, catumaxomab ready for phase III trials again under China’s Lintonpharm

July 20, 2020
By Elise Mak
The first bispecific antibody to win regulatory approval, Removab (catumaxomab) was voluntarily withdrawn due to commercial reasons. Now Chinese biotech Lintonpharm Co. Ltd., of Guangzhou, said it plans to move catumaxomab to a global phase III trial following an IND approval from China’s NMPA, investigating the trifunctional bispecific antibody in patients with peritoneal carcinomatosis, a form of advanced gastric cancer.
Read More
Hand holding money plant
Newco news

Australia’s Brandon Capital leads AU$29 M series A investment in Glyscend’s diabetes polymer compound

July 17, 2020
By Tamra Sami
PERTH, Australia – With a series A investment in hand, Glyscend Therapeutics Inc. will take its polymer therapeutic that mimics the effect of gastric bypass surgery to Australia next year to begin clinical trials.
Read More
Dollar sign in lightbulb

Endpoint Health comes out of stealth mode, lands $12M

July 13, 2020
By Liz Hollis
Endpoint Health Inc. has made its official debut, scooping up $12 million in debt and equity financing from a host of investors, including Mayfield, Y Combinator, Ame Cloud Ventures and Wireframe Ventures. The Palo Alto, Calif.-based company is focused on helping people with illnesses such as sepsis and acute respiratory distress syndrome (ARDS) – life-threatening conditions often caused by serious infections, including COVID-19.
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