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BioWorld - Saturday, April 25, 2026
Home » Topics » Newco news

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Antibodies
Newco news

Sixpeaks launches to advance its dual activin IIA/B antibody

May 31, 2024
By Nuala Moran
Obesity specialist Sixpeaks Bio AG emerged from stealth with $110 million in funding and an option to be acquired by Astrazeneca plc within the next two years, subject to filing an IND for the lead product.
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Illustration of Epstein-Barr virus particles

Inhibiting metabolic enzyme prevents EBV-driven disease

May 28, 2024
By Anette Breindl
Treatment with indoleamine dioxygenase-1 (IDO1) inhibitors reduced both viremia and B cell transformation in animal models of post-transplant lymphoproliferative disorder (PTLD), while IDO1 up-regulation occurred in patients who would go on to develop PTLD. The findings, which were reported in the May 24, 2024, issue of Science by researchers from the University of Basel and the University Hospital Basel, point to new ways to predict, prevent and treat complications of Epstein-Barr virus (EBV) infection.
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Illustration of Epstein-Barr virus particles
Immune

Inhibiting metabolic enzyme prevents EBV-driven disease

May 24, 2024
By Anette Breindl
Treatment with indoleamine dioxygenase-1 (IDO1) inhibitors reduced both viremia and B cell transformation in animal models of post-transplant lymphoproliferative disorder (PTLD), while IDO1 up-regulation occurred in patients who would go on to develop PTLD. The findings, which were reported in the May 24, 2024, issue of Science by researchers from the University of Basel and the University Hospital Basel, point to new ways to predict, prevent and treat complications of Epstein-Barr virus (EBV) infection.
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3D dollar sign
Cancer

Prologue wants to harness individually tiny, collectively giant viral proteome

May 22, 2024
By Lee Landenberger
Prologue Medicines Inc. has launched to develop therapeutics created from the viral proteome, which are proteins produced across all viruses. It’s a newer twist on harnessing the power of the proteins that regulate biology. The company was founded on the premise of peering beyond the human proteome to see if there were viral proteins that could become therapeutics, Theonie Anastassiadis, Prologue’s founding president, told BioWorld.
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Bispecific antibodies with heavy chain in green and pink, light chain in blue and yellow
Cancer

Aiming for complement activation, Commit launches with €16M

May 15, 2024
By Nuala Moran
Newco Commit Biologics ApS has arrived on the scene after raising €16 million (US$17.2 million) in a seed round to advance bispecific antibodies that are designed to activate the complement system and direct it to selectively kill cancer cells.
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Ribbons of digital data
Newco News

Enlitic‘s AI tools help drain the imaging quagmire

May 10, 2024
By Tamra Sami
Imaging is the number one way physicians track cancer progression and burdens within neurology and cardiology, but the ability to take imaging information and interact with it to make better decisions is becoming ever more complicated.
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Bispecific antibodies with heavy chain in green and pink, light chain in blue and yellow
Newco news

Aiming for complement activation, Commit launches with €16M

May 9, 2024
By Nuala Moran
Newco Commit Biologics ApS has arrived on the scene after raising €16 million (US$17.2 million) in a seed round to advance bispecific antibodies that are designed to activate the complement system and direct it to selectively kill cancer cells.
Read More
Hand holding money plant

Flying high with $182M, Bluejay Therapeutics advances BJT-778

May 9, 2024
By Karen Carey
Three years ago when Keting Chu pondered the name for a new biopharma company that would fold in infectious disease assets from Novartis AG, she looked out over her West Coast backyard. “I was looking for a name that made you think of California,” she told BioWorld. She nixed the idea of incorporating redwood trees into the name, but then she saw the blue jays flying around those trees and thought, “that’s a beautiful bird.” Hence, Chu founded and became CEO of Bluejay Therapeutics Inc., first raising $20 million through a series A in June 2021 and a $41 million series B in August 2022. On May 9, the San Mateo, Calif.-based company closed a $182 million series C round, with plans to accelerate development of lead compound BJT-778 to treat chronic hepatitis D virus, a condition for which there are no approved therapeutics in the U.S.
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3D dollar sign
Newco news

The present is Prologue: New Flagship company starts with $50M

May 7, 2024
By Lee Landenberger
Prologue Medicines Inc. has launched to develop therapeutics created from the viral proteome, which are proteins produced across all viruses. It’s a newer twist on harnessing the power of the proteins that regulate biology.
Read More
Justin Hanka, CEO, Mindbio
Newco news

Mindbio explores psychedelic potential of LSD for depression, PMS

May 7, 2024
By Tamra Sami
The use of psychedelics is seeing impressive results in treating psychiatric disorders like treatment-resistant depression and post-traumatic stress disorder, and Mindbio Therapeutics Ltd. is expanding the field to include microdoses of lysergic acid diethylamide (LSD) to treat depression and premenstrual syndrome.
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