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BioWorld - Thursday, February 12, 2026
Home » Topics » Newco news

Newco news
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Adel CEO Seung-Yong Yoon at company headquarters in Seoul, South Korea

After amyloid beta, Adel seeks next big target for Alzheimer’s

April 2, 2024
By Marian (YoonJee) Chu
Alzheimer’s disease (AD) is recognized worldwide for its debilitating symptoms of declining cognitive function and gradual memory loss. What remains less clear is exactly what causes the neurodegenerative disease, and how to treat it. “Alzheimer’s disease is characterized by two key pathologies – beta-amyloid plaques and tau neurofibrillary tangles.” Seung-Yong Yoon, CEO of Adel Inc., told BioWorld. “Adel is looking to develop a tau-targeting drug, considering tau has been more correlated with AD symptom progression, and the industry’s need for tau pipelines.”
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3D rendering of CAR T therapy in cell
Newco news

US-China company Triarm on a mission to democratize CAR Ts

March 26, 2024
By Tamra Sami
Triarm Therapeutics Ltd. is on a mission to democratize CAR T therapies to make them more accessible and affordable, Triarm CEO Jay Zhang told BioWorld. “Nearly half of the patients eligible for CAR T therapies still cannot get treated, and the main reason is the expense, and the second is they cannot afford to wait.
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T cells attacking cancer cells
Cancer

With $150M in hand, Clasp launches with T-cell engagers

March 26, 2024
By Lee Landenberger
One of the building blocks for newly launched Clasp Therapeutics Corp. is making the right patient choices for treatment. If those who receive the company’s therapy are correctly identified, CEO Robert Ross told BioWorld, it will have a profound effect on outcomes. The missing link in cancer treatment, Ross added, was how to identify a patient, something he said Clasp is able to do.
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Gold dollar sign inside gold cog

Precision-driven Mirador launches with a $400M financing

March 21, 2024
By Lee Landenberger
Nearly a year after Prometheus Biosciences Inc. sold for $10.8 billion to Merck & Co. Inc., its former CEO, Mark McKenna, is back in the game with Mirador Therapeutics Inc. Many of his former Prometheus colleagues have joined McKenna. Getting the band back together, McKenna told BioWorld, “is the ultimate compliment.” Mirador just launched with more than $400 million to develop therapies for treating immune-mediated inflammatory and fibrotic diseases.
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3D rendering of CAR T therapy in cell
Newco news

US-China company Triarm on a mission to democratize CAR Ts

March 21, 2024
By Tamra Sami
Triarm Therapeutics Ltd. is on a mission to democratize CAR T therapies to make them more accessible and affordable, Triarm CEO Jay Zhang told BioWorld. “Nearly half of the patients eligible for CAR T therapies still cannot get treated, and the main reason is the expense, and the second is they cannot afford to wait.
Read More
T cells attacking cancer cells
Newco news

With $150M in hand, Clasp launches with T-cell engagers

March 20, 2024
By Lee Landenberger
One of the building blocks for newly launched Clasp Therapeutics Corp. is making the right patient choices for treatment. If those who receive the company’s therapy are correctly identified, CEO Robert Ross told BioWorld, it will have a profound effect on outcomes. The missing link in cancer treatment, Ross added, was how to identify a patient, something he said Clasp is able to do.
Read More
Thermology Health imaging device

Thermology raising funds to prevent diabetic foot ulcers, amputations

March 18, 2024
By Shani Alexander
Thermology Health Ltd. is looking to raise £3 million to £4 million (US$3.8 million to US$5 million) to help bring its thermal imaging technology to patients to better diagnose and prevent diabetic foot ulcers, Yuval Yashiv, CEO told BioWorld. The company’s AI-driven remote patient monitoring platform measures the temperature of the skin on the foot and detects whether an ulcer is forming, thereby preventing thousands of foot amputations and significantly reducing health care costs, said Yashiv.
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Dendritic cells
Cancer

Asgard’s ‘direct reprogramming strategy’ garners €30M series A

March 18, 2024
By Nuala Moran
Asgard Therapeutics AB has raised €30 million (US$32.8 million) in a series A round to advance a novel approach to cancer immunotherapy, in which it is proposed to reprogram cancer cells into functional antigen-presenting dendritic cells in vivo, activating a host immune response against the tumor.
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Dendritic cells
Newco news

Asgard’s ‘direct reprogramming strategy’ garners €30M series A

March 14, 2024
By Nuala Moran
Asgard Therapeutics AB has raised €30 million (US$32.8 million) in a series A round to advance a novel approach to cancer immunotherapy, in which it is proposed to reprogram cancer cells into functional antigen-presenting dendritic cells in vivo, activating a host immune response against the tumor.
Read More
3D illustration of T cells fighting cancer
Newco news

Immunoscape to develop new, safe TCR therapies for solid tumors

March 12, 2024
By Marian (YoonJee) Chu
Seven years since the first approval of two chimeric antigen receptor T-cell therapies for hematological cancers, U.S. and Singapore-based Immunoscape Pte Ltd. is looking to develop novel T-cell receptor (TCR) therapeutics for solid tumors.
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