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BioWorld - Sunday, February 1, 2026
Home » Topics » Newco news

Newco news
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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
Cardiovascular illustration
Newco news

Bitterroot Bio raises $145M as it unveils heart disease immunotherapy approach

June 13, 2023
By Caroline Richards
Seeking to repurpose a validated oncology drug target for atherosclerosis is Bitterroot Bio Inc., a biotech company that introduced itself to the world on the back of a sizable $145 million series A, funds it intends to use to advance its lead monoclonal antibody, BRB-002, toward the clinic.
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Eye illustration
Newco news

Beacon launches with $121M and late-stage eye disease asset

June 12, 2023
By Nuala Moran
The lead asset of Applied Genetic Technologies Corp. has been spun into Beacon Therapeutics Ltd., which launches with $120.9 million to run a phase II/III pivotal trial of AGTC-501 in X-linked retinitis pigmentosa, and to take forward two other in-licensed preclinical programs in age-related macular degeneration and cone rod dystrophy.
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Joel Latham, CEO, Incannex Healthcare Ltd.
Newco news

Incannex is changing treatment paradigms with pipeline of psychedelics and cannabinoids

June 6, 2023
By Tamra Sami
Incannex Healthcare Ltd. had quietly been developing its commercialization plans for psychedelic clinics well before Australia’s Therapeutic Goods Administration announced it would allow psilocybin and MDMA (3,4-methylenedioxy-methamphetamine) to be prescribed by authorized psychiatrists for treatment-resistant depression and post-traumatic stress disorder.
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Joel Latham, CEO, Incannex Healthcare Ltd.
Newco news

Incannex is changing treatment paradigms with pipeline of psychedelics and cannabinoids

June 2, 2023
By Tamra Sami
Incannex Healthcare Ltd. had quietly been developing its commercialization plans for psychedelic clinics well before Australia’s Therapeutic Goods Administration announced it would allow psilocybin and MDMA (3,4-methylenedioxy-methamphetamine) to be prescribed by authorized psychiatrists for treatment-resistant depression and post-traumatic stress disorder.
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