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BioWorld - Sunday, May 24, 2026
Home » Topics » Newco news

Newco news
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3D illustration of a chain of amino acid or biomolecules called protein
Newco news

Omnigeniq’s journey from space science to drug design

Feb. 17, 2026
By Tamra Sami
No Comments
A project that started as a bioreactor to assist astronauts in deep space to keep medications safe in a microgravity environment could help pharma companies model how drugs behave in the human body. Omnigeniq unveiled at the J.P. Morgan Healthcare conference the first computer model of a human protein as it exists in the body, confirming that native protein topology can be calculated directly from physics.
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Neural network
Newco news

Vesalic targeting toxic muscle exosomes in motor neuron diseases

Feb. 17, 2026
By Nuala Moran
No Comments
Newco Vesalic Ltd. has formed to take forward research indicating extracellular vesicles secreted by skeletal muscle cells carry toxic payloads that are key drivers of motor neuron diseases, including amyotrophic lateral sclerosis. The discovery of this process, which is largely external to the brain and the central nervous system, has opened up new targeting possibilities, and Vesalic is now working on in vivo studies to demonstrate preclinical proof of concept.
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Interleukin 17 (IL-17)
Immune

Quantx raises $85M to advance oral immunology drugs

Feb. 13, 2026
By Tamra Sami
No Comments
After closing an oversubscribed $85 million series B round, Quantx Biosciences Inc. is gearing up to begin clinical trials of its two lead immunology compounds, a STAT6 oral small-molecule inhibitor and an IL-17 oral small-molecule inhibitor.
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Interleukin 17 (IL-17)
Newco news

Quantx raises $85M to advance oral immunology drugs

Feb. 12, 2026
By Tamra Sami
No Comments
After closing an oversubscribed $85 million series B round, Quantx Biosciences Inc. is gearing up to begin clinical trials of its two lead immunology compounds, a STAT6 oral small-molecule inhibitor and an IL-17 oral small-molecule inhibitor.
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Park Tae-yong, vice president and cofounder, Galux
Newco news

AI meets antibody design: Galux draws $29M series B for drug R&D

Feb. 10, 2026
By Marian (YoonJee) Chu
No Comments
Galux closed a ₩42 billion (US$29 million) series B round Feb. 10, led by Yuanta Investment to bring AI-driven “rational design” to the protein drug development process, already heavily influenced by human engineering. 
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T cells attacking cancer
Newco news

Vibrant aims to tame EGFR tumors with masked TCEs

Feb. 10, 2026
By Tamra Sami
No Comments
After raising $61 million in a series B round, Vibrant Therapeutics Inc. is gearing up to begin a U.S. phase I trial with its lead program, VIB-305, a masked T-cell engager (TCE) for treating EGFR-positive solid tumors.
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Park Tae-yong, vice president and cofounder, Galux
Drug design, drug delivery & technologies

AI meets antibody design: Galux draws $29M series B for drug R&D

Feb. 10, 2026
By Marian (YoonJee) Chu
No Comments
Galux closed a ₩42 billion (US$29 million) series B round Feb. 10, led by Yuanta Investment to bring AI-driven “rational design” to the protein drug development process, already heavily influenced by human engineering.
Read More
Park Tae-yong, vice president and cofounder, Galux
Newco news

AI meets antibody design: Galux draws $29M series B for drug R&D

Feb. 9, 2026
By Marian (YoonJee) Chu
No Comments
Galux closed a ₩42 billion (US$29 million) series B round Feb. 10, led by Yuanta Investment to bring AI-driven “rational design” to the protein drug development process, already heavily influenced by human engineering. 
Read More
Chromosome with shortened telomeres
Cancer

ALTx formed to drug pathway by which cancer cells become immortal

Feb. 6, 2026
By Nuala Moran
No Comments
Newco ALTx Therapeutics Ltd. has launched with a £12.55 million (US$17.1 million) seed round to develop inhibitors of the alternative lengthening of telomeres (ALT) pathway, by which 10% to 15% of cancers become immortal.
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T cells attacking cancer
Newco news

Vibrant aims to tame EGFR tumors with masked TCEs

Feb. 5, 2026
By Tamra Sami
No Comments
After raising $61 million in a series B round, Vibrant Therapeutics Inc. is gearing up to begin a U.S. phase I trial with its lead program, VIB-305, a masked T-cell engager (TCE) for treating EGFR-positive solid tumors.
Read More
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