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BioWorld - Sunday, May 10, 2026
Home » Topics » Newco news

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A laboratory technician waits for a vial to fill with blood from a patient.

Ampel’s genomic blood test detects and predicts severity of COVID-19

Sep. 23, 2022
By Meg Bryant
As doctors and public health officials brace for a possible fall coronavirus surge, one of the challenges continues to be predicting who will have a mild, moderate or severe case of COVID-19.
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Vaccinia virus
Newco news

UK’s Stratosvir aims to unlock the potential of oncolytic viruses

Sep. 23, 2022
By Richard Staines
Stratosvir Ltd. aims to overcome the drawbacks experienced with oncolytic viruses, using technology based around vaccinia viruses that allow for a systemic injection and with a larger payload capacity. Stratosvir was started up by CEO Chris Ullman and co-founder Antonio Postigo in 2020 with funding from Cancer Research UK and the Deep Science Ventures, tasked with finding new ways of treating solid tumors.
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Yen-Yuan currency symbol
Newco news

E-nitiate Biopharma raises $14.4M to develop drugs for dermatosis

Sep. 20, 2022
By Doris Yu
E-nitiate Biopharmaceuticals Co. Ltd. has raised ¥100 million (US$14.4 million) in a series A round to speed up the clinical trials of its lead assets, QY-201 and QY-101, and expand the pipeline. “Our strategy is to focus on the ‘blue ocean’ of the dermatosis market,” said Shi Jun, chief medical officer at E-nitiate Biopharma. “The first step is to enter China’s autoimmune skin diseases market.”
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Young-Whan Park, CEO, Avelos
Newco news

Avelos raises $8M series A funding to develop biomarker-driven oncology pipeline

Sep. 20, 2022
By Tamra Sami
Startup Avelos Therapeutics Inc. raised $8 million in series A funding that will launch the company’s biomarker-driven cancer therapy pipeline using its synthetic lethality platform. Participating in the series A funding were SV Investment, UTC Investment, Quad Investment Management, Timepolio Asset Management, Mirae Asset Venture Investment and Mirae Asset Capital.
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Yen-Yuan currency symbol
Newco news

E-nitiate Biopharma raises $14.4M to develop drugs for dermatosis

Sep. 15, 2022
By Doris Yu
E-nitiate Biopharmaceuticals Co. Ltd. has raised ¥100 million (US$14.4 million) in a series A round to speed up the clinical trials of its lead assets, QY-201 and QY-101, and expand the pipeline. “Our strategy is to focus on the ‘blue ocean’ of the dermatosis market,” said Shi Jun, chief medical officer at E-nitiate Biopharma. “The first step is to enter China’s autoimmune skin diseases market.”
Read More
Lab research with pipette, microsope

Neobe plans bacterial assault on tumor microenvironment

Sep. 14, 2022
By Richard Staines
Over the past decade cancer immunotherapy has redefined standard care in many kinds of tumor, but low response rates remain a problem and there have been some shock trial failures where checkpoint inhibitors have failed to work as expected. To help, Neobe Therapeutics Ltd. is attempting to tackle an important constituent of the tumor microenvironment, the extracellular matrix.
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Cells and DNA helix
Newco news

Nodus looks to deleted ‘passenger genes’ in anticancer drive

Sep. 12, 2022
By Nuala Moran
Nodus Oncology Ltd. is set to explore new avenues of DNA damage response by targeting the chromosome next-door neighbors of tumor suppressor genes that are damaged when tumor suppressor genes are inactivated via homozygous deletion. These collaterally deleted ‘passenger genes’ play diverse functions in cell homeostasis and so present a number of molecularly targeted vulnerabilities that can provide a route to destroying cells which carry a tumor suppressor gene.
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Gold chain link engraved with "partnership"

Curimeta launches partnership to unlock real-world data

Sep. 2, 2022
By Meg Bryant
Startup Curimeta Inc. emerged from stealth with $6 million in seed financing led by Washington University School of Medicine in St. Louis and BJC Healthcare, a St. Louis-based nonprofit health care system. Cultivation Capital Healthcare Innovation Fund also participated in the round.
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Woman applying skin cream to elbow

Biolab Sciences heals wounds with autologous gel-like graft

Sep. 1, 2022
By Annette Boyle
Since its launch in the U.S. in April, Biolab Sciences Inc.’s Dermistat has facilitated the healing of 80 wounds using its unusual gel-graft formula. The product transforms a patient’s skin cells into a partial thickness skin graft in 48 hours and a full-thickness graft in five to seven days. The autologous graft material speeds recovery following surgery or burns and helps to resolve non-healing wounds.
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Jinjiang raises $101M to develop electrophysiology products

Aug. 31, 2022
By Doris Yu
Sichuan Jinjiang Electronic Science and Technology Co. Ltd. (JJET) recently completed series A+ and series B rounds, raising a total of ¥700 million (US$101 million) in series A and series B financing.
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