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BioWorld - Monday, February 23, 2026
Home » Topics » Newco news

Newco news
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Mast cell releasing histamine during allergic response

Excellergy launches with $70M for a new class of allergy drugs

Oct. 13, 2025
By Brian Orelli
No Comments
With $70 million in hand, Excellergy Inc. is ready to advance its lead candidate for allergic diseases into clinical trials. The series A round was led by Samsara Biocapital with co-investments from Red Tree Venture Capital and Decheng Capital.
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British pound symbol
Newco news

Trogenix raises £70M series A for glioblastoma gene therapy trial

Oct. 7, 2025
By Nuala Moran
No Comments
Newco Trogenix Ltd. has emerged from incubation and raised £70 million (US$94.1 million) in a series A, as it prepares the ground for a U.S/U.K. clinical trial of a novel gene therapy construct in glioblastoma multiforme that is due to start at the beginning of 2026.
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British pound symbol
Newco news

Trogenix raises £70M series A for glioblastoma gene therapy trial

Oct. 6, 2025
By Nuala Moran
No Comments
Newco Trogenix Ltd. has emerged from incubation and raised £70 million (US$94.1 million) in a series A, as it prepares the ground for a U.S/U.K. clinical trial of a novel gene therapy construct in glioblastoma multiforme that is due to start at the beginning of 2026.
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Red blood cells in an artery with cholesterol

Kalexo enters dyslipidemia fray with preclinical siRNA candidate

Sep. 23, 2025
By Marian (YoonJee) Chu
Mabwell Bioscience Co. Ltd. and Aditum Bio Management Co. LLC announced, in after-market hours Sept. 17, an agreement to forge a new company called Kalexo Bio Inc. and load the biotech with a preclinical dyslipidemia asset via a potential $1 billion global license deal.
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Red blood cells in an artery with cholesterol

Kalexo enters dyslipidemia fray with preclinical siRNA candidate

Sep. 18, 2025
By Marian (YoonJee) Chu
No Comments
Mabwell Bioscience Co. Ltd. and Aditum Bio Management Co. LLC announced, in after-market hours Sept. 17, an agreement to forge a new company called Kalexo Bio Inc. and load the biotech with a preclinical dyslipidemia asset via a potential $1 billion global license deal.
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Close-up of eye with digital focus
Newco news

Ollin eyes next-gen ophthalmology space, launches with $100M

Sep. 17, 2025
By Jennifer Boggs
No Comments
To say the team at Ollin Biosciences Inc. has some experience in ophthalmology would be an understatement. The company, which emerged from stealth with $100 million in venture capital and two in-licensed assets with plans to add more, brings to the table years of expertise from work on blockbuster retinal disease drugs Lucentis (ranibizumab, Roche AG) and Vabysmo (faricimab, Roche AG).
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Hand holding money plant
Newco news

Allrock snags $50M for its in-licensed ROCK inhibitor

Sep. 16, 2025
By Brian Orelli
No Comments
Allrock Bio Inc. secured $50 million in a series A round co-led by Versant Ventures and Westlake Biopartners to advance ROC-101, an oral pan-rho-associated protein kinase (ROCK) inhibitor to treat pulmonary arterial hypertension and pulmonary hypertension with interstitial lung disease.
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Digital heart illustration

Braveheart licenses Hengrui's heart drug HRS-1893 in $1B deal

Sep. 9, 2025
By Marian (YoonJee) Chu
No Comments
Braveheart Bio Inc. is paying $65 million up front to license Jiangsu Hengrui Pharmaceuticals Co. Ltd.’s oral hypertrophic cardiomyopathy drug candidate called HRS-1893.
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Illustration showing steps to business success
Immune

IMU Biosciences' platform reshaping immune system understanding

Sep. 8, 2025
By Shani Alexander
IMU Biosciences Ltd. is working to transform society’s understanding of the immune system. The company’s platform maps the immune system at molecular, cellular and system levels, to unlock new insights into immune-related health and diseases, paving the way for clinical applications that could improve patient outcomes.
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Illustration showing steps to business success

IMU Biosciences' platform reshaping immune system understanding

Sep. 5, 2025
By Shani Alexander
IMU Biosciences Ltd. is working to transform society’s understanding of the immune system. The company’s platform maps the immune system at molecular, cellular and system levels, to unlock new insights into immune-related health and diseases, paving the way for clinical applications that could improve patient outcomes.
Read More
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