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BioWorld - Wednesday, February 25, 2026
Home » Topics » Newco news

Newco news
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NIH-backed Medicasafe aims for FDA clearance of opioid use disorder drug-device combo

Nov. 13, 2019
By Stacy Lawrence
Drug addiction has often proven resistant to the best efforts for treatment. New York-based startup Medicasafe Inc. hopes to provide another tool in the arsenal to boost opioid use disorder (OUD) treatment. Rather than send a recovering addict home every couple of weeks with an unmonitored and uncontrolled supply of buprenorphine and naloxone, it has developed a drug-device combination product that digitally enables and tracks patient retrieval of these drugs.
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Australia's Cartherics creates next generation CAR T therapies

Nov. 10, 2019
By Tamra Sami
PERTH, Australia – Melbourne-based Cartherics Pty Ltd. plans on taking its pluripotent stem cell technology into the clinic next year. It is employing advanced gene editing techniques for the next generation of CAR T therapy.
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AI the future of collapsed lung diagnosis, says Ontario lab

Nov. 8, 2019
By David Godkin
TORONTO – On average, radiology specialists diagnose fewer than 50% of cases of collapsed lung or pneumothorax using chest X-rays, said systems design engineer Hamid Tizhoosh. The Insignio system developed at Tizhoosh's Kitchener, Ontario-based Kimia Lab has gone further by identifying 75% of cases of collapsed lungs using artificial intelligence (AI) to search a database of 550,000 patients and compare 30,000 cases of pneumothorax there to X-rays of new patients with unknown conditions.
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Emulate-Organ-Chip-11-8.png

Emulate's Liver-Chip bests animal models in predicting toxicity in 8 drug candidates

Nov. 8, 2019
By Stacy Lawrence
Preclinical animal and cellular models are notoriously bad at predicting drug candidate toxicity in humans. Animal biology is often fundamentally different on this front than in humans, while cells in the lab can't be counted on routinely to replicate the bodily response.
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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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