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BioWorld - Saturday, January 3, 2026
Home » Topics » Newco news

Newco news
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Newco News

Shanghai startup Eccogene bets on small molecules for NASH

June 9, 2020
By Elise Mak
BEIJING – After his role as associate director and head of chemistry at Eli Lilly and Co., Brandeis-trained Jingye Zhou founded Eccogene Inc. in Shanghai in 2018 to focus on developing small-molecule drugs for metabolism and immune-related diseases.
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Cerevasc raises $43.9M to advance hydrocephalus treatment

June 9, 2020
By Meg Bryant
Boston-based startup Cerevasc Inc. scooped up $43.9 million in a series A round that was led by Perceptive Xontogeny Venture (PXV) Fund and Aton Partners LLC. The funds are earmarked to support a first-in-human trial of the company’s Eshunt system for the treatment of hydrocephalus, as well as subsequent clinical studies to support regulatory approvals.
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Newco news

China’s Inmagene CEO: Cost-efficient innovation for global medical needs

May 26, 2020
By Elise Mak
BEIJING – After being a health care investor for 21 years, Jonathan Wang decided to co-found biotech startup Inmagene Biopharmaceuticals Co. Ltd. in July 2019 to seek success in the China market using the experience and insights he had accumulated over the years.
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Newco news

China’s Inmagene CEO: Cost-efficient innovation for global medical needs

May 20, 2020
By Elise Mak
BEIJING – After being a health care investor for 21 years, Jonathan Wang decided to co-found biotech startup Inmagene Biopharmaceuticals Co. Ltd. in July 2019 to seek success in the China market using the experience and insights he had accumulated over the years. With $20 million in its war chest so far, the startup aims to excel in immunology-related therapeutic areas in China.
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John Dimos, CEO, Fountain
Newco news

Fountain fires up aging drugs platform with new $6M financing

May 19, 2020
By Michael Fitzhugh
Fountain Therapeutics Inc., a California company working to create treatments for age-related diseases, said Khosla Ventures has led a $6 million series A-1 financing of the startup, with participation from Nan Fung Life Sciences, which earlier contributed $5 million to the round.
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Newco news

Italian gene therapy firm Genespire moving toward clinic with financing, preclinical data

May 18, 2020
By Nuala Moran
LONDON – After announcing its $17.4 million series A funding in the midst of pandemic in April, Genespire Srl has now gone public on the preclinical research upon which its programs will be based, presenting the data at last week’s American Society of Gene and Cell Therapy (ASGCT) annual meeting.
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Rosana Kapeller, CEO, Rome Therapeutics
Newco news

Repeatome defender: $50M series A lets Rome ransack ‘junk DNA’

May 1, 2020
By Randy Osborne
CEO and co-founder Rosana Kapeller told BioWorld that Rome Therapeutics Inc.’s $50 million series A will fund early work in an “exploding” new area of biology: the repeatome – “the dark genome” or “junk DNA,” as many previously deemed the roughly 60% of the human genome that consists of repetitive sequences of nucleic acids.
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Israel’s Bat-Call makes a good call with auscultation for COVID-19 approach

April 10, 2020
By David Ho
HONG KONG – Whether bats are the source of COVID-19 is a debatable point; however, using sound to navigate like them could prove key for diagnostics and disease monitoring. Bat-Call Ltd. is using its auscultation technology in the battle against the pandemic. It said its patented artificial intelligence (AI) infra-sound analysis and deep learning classification technologies can support the early detection and monitoring of COVID-19 patients.
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Newco news

I2O Therapeutics brings in a $4M seed funding

April 9, 2020
By Lee Landenberger
I2O Therapeutics Inc., of Allston, Mass., raised $4 million in seed funding to further its work on oral formulations of therapies typically limited to injections, such as biologics, large molecules and peptide-based pharmaceuticals.
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Newco news

Startup Amphista raises $7.5M in series A for targeted protein degradation efforts

April 6, 2020
By Nuala Moran
LONDON – Amphista Ltd. becomes the latest to join the growing band of proteolysis targeting chimera (Protac) specialists, arriving on the scene with a $7.5 million series A and what it says is a new approach to targeted protein degradation (TPD).
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