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BioWorld - Wednesday, May 21, 2025
Home » Topics » Newco news

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Endeavor esophageal cardiac pacer
Patents

Endeavor reveals its non-invasive esophageal cardiac pacer

Aug. 9, 2024
By Simon Kerton
In what represents the first patenting to emerge from Endeavor Med Inc., its founder and chief executive officer, Imran Faruqi, describes their development of a novel device capable of providing non-invasive cardiac pacing, defibrillation, and cardioversion, and which uses pacing currents at less than half that required by traditional chest pads.
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Concept of business partnership

Genor wins $440M+ cancer drug deal with Third Rock/Two River firm

Aug. 7, 2024
By Marian (YoonJee) Chu
China’s Genor Biopharma Co. Ltd. agreed to out-license GB-261, its bispecific antibody candidate primarily targeting B-cell lymphomas, to TRC 2004 Inc., a U.S.-based newco co-founded by Third Rock Ventures LLC and Two River Group Holdings LLC.
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pumpkinseed
Patents

Pumpkinseed reveals systems for label-free analyte detection

Aug. 2, 2024
By Simon Kerton
In Pumpkinseed Technologies Inc.’s first public patenting, the company’s co-founders describe their development of new proteomics platform that merges nanotechnology, biochemistry, silicon photonics and machine learning for high-resolution phenotyping to deliver new biological insights.
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1health-gut-in-balance-fecal-microbiome-31july24.jpg
Patents

System invented for mixing, filtering, and dosing of fecal transplantation capsules

July 31, 2024
By Simon Kerton
The first patenting to emerge in the name of Copenhagen, Denmark-based 1Health Gut In Balance ApS (dba Gut In Balance) describes development of an apparatus and system that enables hospitals to produce fecal microbiota transplantation capsules on site, and much more efficiently and cheaply.
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Hands holding holographic intestine
Inflammatory

Ensho debuts to target gut inflammation with oral α4β7 inhibitors

July 31, 2024
By Marian (YoonJee) Chu
Ensho Therapeutics Inc. launched in July after licensing a pipeline of four oral α4β7 inhibitors for inflammatory and gastrointestinal disorders, including inflammatory bowel disease (IBD), from EA Pharma Co. Ltd. “Millions of people worldwide are living with IBD,” Ensho founder, president and executive chair Neena Bitritto-Garg recently told BioWorld, “and while there are a number of approved medications to address the symptoms of IBD, it remains a difficult-to-treat disease with high relapse rates for a considerable proportion of patients.”
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Hands holding holographic intestine
Newco news

Ensho debuts to target gut inflammation with oral α4β7 inhibitors

July 30, 2024
By Marian (YoonJee) Chu
Ensho Therapeutics Inc. launched in July after licensing a pipeline of four oral α4β7 inhibitors for inflammatory and gastrointestinal disorders, including inflammatory bowel disease (IBD), from EA Pharma Co. Ltd. “Millions of people worldwide are living with IBD,” Ensho founder, president and executive chair Neena Bitritto-Garg recently told BioWorld, “and while there are a number of approved medications to address the symptoms of IBD, it remains a difficult-to-treat disease with high relapse rates for a considerable proportion of patients.”
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Antibodies (light blue) and G protein-coupled receptors (purple)
Newco news

Alkira Bio exits stealth via seed round to develop GPCR-targeting antibodies

July 30, 2024
By Tamra Sami
Alkira Bio, a new spinout from Australia’s Florey Institute of Neuroscience and Mental Health has emerged from stealth mode thanks to seed funding from Curie.bio. Although the amount of funding is not disclosed, Curie.bio typically invests $5 million to $10 million in a founder company and then co-pilots the drug discovery program, deploying drug development experts to its portfolio companies to help navigate decision making as part of the deal, Florey researcher turned Alkira Bio CEO Daniel Scott told BioWorld.
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Antibodies (light blue) and G protein-coupled receptors (purple)
Neurology/psychiatric

Alkira Bio exits stealth via seed round to develop GPCR-targeting antibodies

July 30, 2024
By Tamra Sami
Alkira Bio, a new spinout from Australia’s Florey Institute of Neuroscience and Mental Health has emerged from stealth mode thanks to seed funding from Curie.bio. Although the amount of funding is not disclosed, Curie.bio typically invests $5 million to $10 million in a founder company and then co-pilots the drug discovery program, deploying drug development experts to its portfolio companies to help navigate decision making as part of the deal, Florey researcher turned Alkira Bio CEO Daniel Scott told BioWorld.
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Waveview bc diagnostic
Patents

Wave View patenting microwave technology for pain-free, timely breast imaging

July 29, 2024
By Simon Kerton
The first patenting to be published in the name of Wave View Imaging Inc. sees its co-founders file for additional protection of their imaging technology which can be used to monitor breast cancer treatment.
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Coins and seedling
Newco news

Draupnir engaging sortilin receptor with €12M seed round

July 29, 2024
By Nuala Moran
Draupnir Bio is poised to advance a new approach to targeted protein degradation by engaging the sortilin receptor on lysosomes to promote the destruction of extracellular and membrane-bound disease proteins.
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