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BioWorld - Friday, January 2, 2026
Home » Topics » Newco news

Newco news
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Jonathan Paul and Osmanuddin Ahmed

Flow Medical nears completion of catheter to treat venous thromboembolic disease

June 30, 2023
By David Godkin
University of Chicago spinoff Flow Medical Inc. is finalizing its design of a multi-function catheter to diagnose and treat venous thromboembolic disease – boosted by a $1 million private investment to commercialize the device.
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Cancer stem cells
Newco news

IPSirius targets cancer stem cells with iPSC-based vaccine

June 23, 2023
By Cormac Sheridan
IPSirius SAS, an early stage French immuno-oncology firm, hopes to obtain a clinical trial authorization from the U.K.’s Medicines and Healthcare Regulatory Products Agency next year, to enable it to move its novel therapeutic cancer vaccine into a first-in-human trial in patients with non-small-cell lung cancer.
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Illustration of intestines with inflammation
Newco news

Scientists behind LANCL2 target launch with phase III-ready drug

June 21, 2023
By Caroline Richards
Many of the available treatments for the autoimmune conditions ulcerative colitis (UC) and Crohn’s disease come with drawbacks such as safety issues or inconvenient dosing regimens. Describing itself as a biomarker-driven immunoregulatory therapeutics company, Nimmune Biopharma Inc. is striving to fulfil what it perceives as a high need for safer, more effective options with candidates that target the lanthionine synthetase C-like 2 (LANCL2) pathway.
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Pipet, test tubes, chemical structures
Newco news

Applying power of genetics to chemistry, Flagship’s Empress emerges from stealth with $50M

June 21, 2023
By Jennifer Boggs
Empress Therapeutics Inc., a Flagship Pioneering firm, has come out of stealth with $50 million in initial funding, a new chief scientific officer and an ambitious plan to file multiple INDs for novel small-molecule compounds over the next two years.
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Coin inserted into Australian map
Newco news

Argenica raises AU$4M to advance neuroprotective agent in ischemic stroke

June 20, 2023
By Tamra Sami
After raising AU$4 million (US$2.6 million), Argenica Therapeutics Pty. Ltd. is gearing up to begin phase II trials in ischemic stroke for ARG-007, a glutamate receptor modulator that is believed to reduce brain tissue death after stroke.
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Opportunity compass with Chinese flag
Newco news

Itabmed gets nod to start clinical trial for CD3-activating bispecific antibody in China

June 20, 2023
By Doris Yu
Itabmed Ltd. received an IND approval to start a phase I trial of its CD3-activating bispecific antibody A-337 for the treatment of patients with advanced solid tumors.
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Hemorrhagic stroke concept art
Newco news

Bioxodes turning tick’s trick into stroke drug

June 19, 2023
By Cormac Sheridan
Could a bioactive peptide secreted in the saliva of ticks offer a useful therapy for people who have experienced intracerebral hemorrhage (ICH)? That’s the question Bioxodes SA has set out to answer, and the company is about to move its first-in-class drug candidate, Ir-CPI, which has dual anti-thrombotic and anti-inflammatory effects, into a phase IIa trial in patients with ICH.
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Coin inserted into Australian map
Newco news

Argenica raises AU$4M to advance neuroprotective agent in ischemic stroke

June 19, 2023
By Tamra Sami
After raising AU$4 million (US$2.6 million), Argenica Therapeutics Pty. Ltd. is gearing up to begin phase II trials in ischemic stroke for ARG-007, a glutamate receptor modulator that is believed to reduce brain tissue death after stroke.
Read More
Cancer cells
Newco news

Highfield gains FDA clearance for phase I trial of liposome-based HER2 low-targeting cancer drug

June 16, 2023
By Marian (YoonJee) Chu
The U.S. FDA greenlighted Highfield Biopharmaceuticals Co. Ltd.’s IND, paving way for the Chinese immunotherapy firm to begin clinical testing its immunoliposome cancer therapy.
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Opportunity compass with Chinese flag
Newco news

Itabmed gets nod to start clinical trial for CD3-activating bispecific antibody in China

June 14, 2023
By Doris Yu
Itabmed Ltd. received an IND approval to start a phase I trial of its CD3-activating bispecific antibody A-337 for the treatment of patients with advanced solid tumors.
Read More
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