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BioWorld - Thursday, June 8, 2023
Home » Topics » Newco news

Newco news
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Eye wireframe illustration
Newco news

‘Endo’ the line for CESED? Aurion cell therapy raises $120M

April 19, 2022
By Randy Osborne
No Comments
Aurion Biotech Inc. pulled down a $120 million financing to advance efforts with its lead candidate, a cell therapy for the treatment of corneal edema secondary to endothelial dysfunction (CESED).
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Eye wireframe illustration
Newco news

‘Endo’ the line for CESED? Aurion cell therapy raises $120M

April 14, 2022
By Randy Osborne
No Comments
Aurion Biotech Inc. pulled down a $120 million financing to advance efforts with its lead candidate, a cell therapy for the treatment of corneal edema secondary to endothelial dysfunction (CESED).
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Pangea group photo

Pangea Biomed reels in $7M for pan-cancer response predictor

April 8, 2022
By Catherine Longworth
No Comments
Pangea Biomed Ltd. picked up $7 million in seed financing to fast-track development of its multicancer, multitherapy response predictor Enlight. The platform combines machine learning and RNA sequencing to map tumor molecular signatures and predict how different cancer types will respond to oncology drugs. Pangea said instead of using transcriptomic data, it is utilizing ‘unsupervised’ AI techniques that harvest information about gene interactions.
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Money sack with British pound symbol
Newco news

Edinburgh University spinout Kynos preps for phase I with KMO inhibitor

April 8, 2022
By Nuala Moran
No Comments
After an eight-year academic collaboration with Glaxosmithkline plc, Kynos Therapeutics Ltd. has spun out of Edinburgh University with a £9 million (US$11.7 million) financing and a phase I-ready program. The company specializes in kynurenine 3-monooxygenase (KMO), a mitochondrial outer membrane protein that is a critical gatekeeper in the kynurenine pathway of tryptophan metabolism, and which regulates inflammation and immunity.

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Test tubes, dropper and capsules
Newco news

Acesis Biomed takes on hypogonadism with testosterone replacement therapy

April 1, 2022
By Richard Staines
No Comments
Back in 2015, a black box warning from the U.S. FDA about the cardiovascular risks of testosterone therapy products caused a major upheaval in the market.
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Newco news

On heels of $70M series B round, China’s Medilink Therapeutics poised to enter clinic with ADC pipeline

March 29, 2022
By Tamra Sami
No Comments
After securing $70 million in series B funding, Chinese biotech Medilink Therapeutics Co. Ltd. is gearing up to enter the clinic with its next-generation antibody-drug conjugates (ADCs).
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Brain illustration
Newco news

Ninnion forms SAB to navigate 'uncharted waters' of psychedelics development

March 29, 2022
By Michael Fitzhugh
No Comments
Ninnion LLC, a startup developing psychedelic medicines focused on brain injury, chronic pain, inflammation and addiction disorders, has formed a new scientific board (SAB) that Chief Development Officer Bill Massey said will ”be a tremendous asset in navigating the uncharted waters of psychedelic drug development."
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Antibody-drug conjugate
Newco news

On heels of $70M series B round, China’s Medilink Therapeutics poised to enter clinic with ADC pipeline

March 28, 2022
By Tamra Sami
No Comments
After securing $70 million in series B funding, Chinese biotech Medilink Therapeutics Co. Ltd. is gearing up to enter the clinic with its next-generation antibody-drug conjugates (ADCs).
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Skin exam
Newco news

Moonlake going after blockbuster indications with dual-targeting nanobody

March 25, 2022
By Nuala Moran
No Comments
Moonlake Therapeutics AG is making headway on its mission to establish a broad dermatology and rheumatology franchise around its sole product, sonelokimab, announcing it is poised to start a phase II study in hidradenitis suppurativa.
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Eric Leire, CEO, Genflow
Newco news

Genflow seeks an opening in active anti-aging market

March 16, 2022
By Richard Staines
No Comments
Biotechs that tackle the effects of aging are beginning to make headlines: in January Altos Labs Inc. launched with a reported investment from Jeff Bezos. With Bezos getting involved with San Francisco-based Altos, the immediate reaction was that anti-aging biotechs would be there for the benefit of billionaires searching for eternal life. Not so, according to London U.K.-based Genflow Biosciences plc, which hopes to show that fighting aging is really about improving health as people age.
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