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BioWorld - Monday, May 16, 2022
Home » Topics » Newco news

Newco news
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Oxford spinout Mirobio raises £27M to advance autoimmune programs

Oct. 8, 2019
By Nuala Moran
No Comments
LONDON – Mirobio Ltd. has spun out of Oxford University, raising £27 million (US$33.3 million) to develop antibody-based therapies designed to activate immune checkpoint receptors in the treatment of autoimmune disorders.
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With zeal, Zielbio closes on a $25.1M series A round

Sep. 27, 2019
By Lee Landenberger
No Comments
Zielbio Inc., of Charlottesville, Va., closed on a $25.1 million series A financing to further its lead candidate, ZB-131, a humanized monoclonal antibody against cell surface plectin, which is expressed on the plasma membrane of ovarian, pancreatic, lung and colorectal cancer cells.
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Tacalyx aiming to unlock the trick to TACAs, raises $7.7M in seed financing

Sep. 26, 2019
By Nuala Moran
No Comments
LONDON – Tacalyx GmbH has raised €7 million (US$7.7 million) in seed funding to initiate research on a new generation of antibodies targeted at tumor-associated carbohydrate antigens (TACAs) expressed on a wide variety of tumor cells.
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Versatope secures $17.9M NIAID grant for universal flu vaccine program

Sep. 26, 2019
By Michael Fitzhugh
No Comments
Versatope Therapeutics Inc., a company developing a universal influenza vaccine in Lowell, Mass., has been awarded a contract with the National Institute of Allergy and Infectious Diseases worth up to $17.9 million over five years to support completion of a phase I study slated to wrap up in 2022.
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Exopharm enters clinic with exosome therapy that could disrupt stem cell therapies

Sep. 11, 2019
By Tamra Sami
No Comments
PERTH, Australia – Stem cell therapy has failed to deliver on its promises, according to Exopharm Ltd. founder and CEO Ian Dixon, who said he believes that exosomes, or the extracellular vesicles released by stem cells, could be a disrupter in the regenerative medicine space.
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Led by U.S. scientists, funded by Chinese, cross-border firm Oncologie eyes both markets

Sep. 11, 2019
By Elise Mak
No Comments
BEIJING – Despite tensions between the U.S. and China, especially in the tech sector, Oncologie Inc. maintains its plans to pursue drug development in both markets. The clinical-stage startup, led by U.S. scientists and funded with Chinese capital, has stationed itself in both Boston and Shanghai to focus on developing innovative cancer therapies simultaneously in China and the U.S.
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Bispecifics specialist Biotheus drives southern China innovation

Sep. 4, 2019
By Elise Mak
No Comments
BEIJING – Chinese startup Biotheus Inc., of Zhuhai, Guangdong, has its sights fixed on bispecific and multitarget antibodies to maximize drug efficacy. A biotech innovator based in the south of China, it is gained support from local authorities that aim to create another biotech hub in the country.
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Bispecifics specialist Biotheus drives southern China innovation

Sep. 4, 2019
By Elise Mak
No Comments
BEIJING – Chinese startup Biotheus Inc., of Zhuhai, Guangdong, has its sights fixed on bispecific and multitarget antibodies to maximize drug efficacy. A biotech innovator based in the south of China, it gained support from local authorities that aim to create another biotech hub in the country.
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Singapore startup Aum bags triple-action cancer candidate in agreement with Inflection

July 24, 2019
By Elise Mak
No Comments
HONG KONG – Singaporean biotech company Aum Biosciences Pte. Ltd. has in-licensed a potentially first-in-class PIM/PI3K/mTOR inhibitor from Inflection Biosciences Ltd., of Dublin and London, to develop it globally to treat a wide range of cancers.
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Biocure's South Korean unit advancing CAR T programs with private placement funds

July 24, 2019
By Jihyun Kim
No Comments
HONG KONG –Biocure Technology Corp., a Canadian biopharmaceutical company focusing on biosimilar products, is advancing a CAR T product through its South Korean subsidiary, Biocurepharm Inc., thanks to a recently closed private placement.
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