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BioWorld - Monday, December 29, 2025
Home » Topics » Newco news

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Newco news

Faster than light drug discovery: Superluminal launches with $33M seed round

Aug. 28, 2023
By Jennifer Boggs
As its name suggests, Superluminal Medicines Inc. is aiming for speed. The startup, which closed a $33 million seed round led by RA Capital Management, is combining a biology-focused approach with a generative AI platform it says has the potential to create candidate-ready compounds in a matter of months, with its initial sights set on G protein-coupled receptor targets.
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Digital brain and silhouette

Brainaurora files for Hong Kong IPO to develop digital therapeutics

Aug. 22, 2023
By Doris Yu
Brainaurora Medical Technology Ltd. has filed for an initial public offering (IPO) in Hong Kong to develop its digital therapeutics for the treatment of cognitive impairment diseases. The company claims to be the first in China to launch a digital therapeutics (DTx) product for cognitive impairment, as well as the largest company in China in terms of revenue from the commercialization of cognitive impairment DTx products in 2022.
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Rocket launch illustration
Inflammatory

Mysthera Therapeutics launches to develop PIM kinase inhibitors for autoimmune diseases

Aug. 22, 2023
Mysthera Therapeutics AG has launched to develop first-in-class, oral therapeutics to treat complex autoimmune diseases. Seed capital will be used to advance its portfolio of preclinical stage, pan-PIM kinase inhibitors to modulate multi-lineage immune cell functions.
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Illustration of interleukin-2 protein structure
Newco news

Aulos Bioscience raises $20 million in series A to further alternative IL-2 approach

Aug. 21, 2023
By Caroline Richards
As a cytokine used in the field of immuno-oncology, interleukin-2 (IL-2) can produce durable and even complete responses in some patients, as well as induce immune memory against tumors. However, its rapid metabolism within the body means it has a short serum half-life, so it needs to be given in high doses, which can trigger severe side effects.
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Dotbio CEO Ignacio Asial with team
Immuno-oncology

Dotbio emerges with $5.6M pre-series A to advance multifunctional antibodies

Aug. 17, 2023
By Tamra Sami
Emerging from stealth mode, new immuno-oncology company Dotbio Pte. Ltd. closed an oversubscribed $5.6 million pre-series A round to accelerate development of its multifunctional and intracellular antibody therapies.
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Oncolytic virus concept illustration
Newco news

Viralytics team back together again to develop new oncolytic viruses with Immvirx

Aug. 16, 2023
By Tamra Sami
The old Viralytics Ltd. team is back together again in a new company called Immvirx Pty Ltd. that is developing oncolytic viruses to tackle the four most deadly cancers, Immvirx CEO and co-founder Malcolm McColl told BioWorld.
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Dotbio CEO Ignacio Asial with team
Newco news

Dotbio emerges with $5.6M pre-series A to advance multifunctional antibodies

Aug. 15, 2023
By Tamra Sami
Emerging from stealth mode, new immuno-oncology company Dotbio Pte. Ltd. closed an oversubscribed $5.6 million pre-series A round to accelerate development of its multifunctional and intracellular antibody therapies.
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Ivy Wang, co-founder and executive vice president, Biocity Biopharmaceutics
Newco news

China’s Biocity expands to US with pipeline of bispecific antibodies and ADCs

Aug. 15, 2023
By Tamra Sami
Biocity Biopharmaceutics Co. Ltd. is advancing its pipeline of differentiated, modality-independent therapeutics for oncology that include small molecules, monoclonal and bispecific antibodies, as well as antibody-drug conjugates (ADCs). The Wuxi, China-headquartered company is focused on first-in-class molecules for different modalities that can be combined with other treatments, Biocity Co-founder and Executive Vice President Ivy Wang told BioWorld.
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Ivy Wang, co-founder and executive vice president, Biocity Biopharmaceutics
Newco news

China’s Biocity expands to US with pipeline of bispecific antibodies and ADCs

Aug. 11, 2023
By Tamra Sami
Biocity Biopharmaceutics Co. Ltd. is advancing its pipeline of differentiated, modality-independent therapeutics for oncology that include small molecules, monoclonal and bispecific antibodies, as well as antibody-drug conjugates (ADCs). The Wuxi, China-headquartered company is focused on first-in-class molecules for different modalities that can be combined with other treatments, Biocity Co-founder and Executive Vice President Ivy Wang told BioWorld.
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Chromosome with shortened telomeres
Newco news

Telos Biotech’s CAR T-cell enhancer set to resurrect dying field of telomere biology

Aug. 11, 2023
By Caroline Richards
Critically shortened telomeres are known to be a key limiting factor in successful CAR T-cell immunotherapy, with cells from older patients tending to have shorter telomeres with reduced dividing capacity. As such, these cells are unable to fully eliminate malignancies and provide durable and persistent protection against cancer. So, what if you could lengthen these DNA-protein structures found at the end of chromosomes during the ex-vivo manufacturing of CAR T cells, i.e., before they are put back into the body, so increasing their potency against disease? Newly-launched firm Telos Biotech – a subsidiary company of Cambrian Bio – believes you can, with its patent-protected recombinant protein, Telovance, promising to shake up the cell therapy field.
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