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BioWorld - Friday, April 24, 2026
Home » Topics » Newco news

Newco news
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Coronavirus vaccine illustration

Hot and cold storage system possible answer to organ, vaccine transportation

Oct. 19, 2020
By David Godkin
TORONTO – What’s the difference between an organ transplant container tucked under a paramedic’s arm and an ordinary beer cooler packed with ice? Surprisingly, not much, according to researchers at London, Ontario’s Western University. They’ve come up with a portable, temperature-controlled container that prevents spoilage of donor organs during transport to the operating room – and of potential vaccines.
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3D heart in chest

Spectrawave taps new CEO to lead development of cardiac imaging system

Oct. 14, 2020
By Mary Ellen Schneider
Spectrawave Inc. has named Eman Namati as its CEO with the charge of commercializing its flagship cardiac imaging technology. The 3-year-old, Bedford, Mass.-based medical imaging company has set an ambitious 24-month timeline for getting its photonic imaging technology for coronary artery disease into the clinic.
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Acute myeloid leukemia illustration
Newco news

Upgrading with a $10M series B, Janpix advances its protein degrader pipeline

Oct. 9, 2020
By Lee Landenberger
Janpix Inc., of Cambridge, Mass., has raised a $10 million series B designed to progress its monovalent small-molecule protein degraders of STAT3 and STAT5 into final preclinical studies and eventually into the clinic to treat various hematological and solid tumor cancers.
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Brain as light bulb filament

Israel’s Ben-Gurion University develops wearable device for predicting epilepsy-related seizures

Oct. 5, 2020
By David Ho
HONG KONG – Israel’s Ben-Gurion University of the Negev (BGU) has set up a company to further develop and commercialize its technology into a wearable device for predicting epilepsy-related seizures.
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Digital imaging technology
AI in Radiology

Gleamer raises $8.75M for AI assistant in bone trauma medical imaging

Oct. 1, 2020
By Bernard Banga
PARIS – Gleamer SAS has secured $8.75 million in series A financing for its CE-marked artificial intelligence (AI) application that automatically detects all types of fracture in radiography. “This funding will allow us to move forward with launching Boneview around the world,” Christian Allouche, CEO and co-founder of Gleamer, told BioWorld.
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Death stalker scorpion
Newco news

Australia’s Chimeric Therapeutics in-licenses scorpion-derived CAR T from City of Hope

Sep. 29, 2020
By Tamra Sami
PERTH, Australia – Chimeric Therapeutics Ltd. has acquired exclusive worldwide rights to develop and commercialize the City of Hope Cancer Center’s chlorotoxin chimeric antigen receptor cell therapy.
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Isaac Veinbergs, CEO, Libra Therapeutics
Newco news

Libra launches with a $29M series A to treat neurodegenerative diseases

Sep. 23, 2020
By Lee Landenberger
In the past 10 years, the advances in understanding the etiology of neurodegenerative diseases have been dramatic. “The development of novel biomarkers and other tools as well are key in aiding diagnostic potential and the ability to track disease progression have been phenomenal,” Isaac Veinbergs, CEO of newly created Libra Therapeutics Inc., told BioWorld.
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Death stalker scorpion
Newco news

Australia’s Chimeric Therapeutics in-licenses scorpion-derived CAR T from City of Hope

Sep. 23, 2020
By Tamra Sami
PERTH, Australia – Sydney-based Chimeric Therapeutics Ltd. has acquired exclusive worldwide rights to develop and commercialize the City of Hope Cancer Center’s chlorotoxin chimeric antigen receptor cell therapy that uses a peptide derived from scorpion toxin to direct T cells to target glioblastoma.
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Rocket launch illustration

Olive Diagnostics emerges from stealth with AI-assisted home urinalysis device

Sep. 17, 2020
By Meg Bryant
Israeli startup Olive Diagnostics Pvt. Ltd. is aiming to disrupt at-home urinalysis testing with a hands-free, noninvasive, artificial intelligence (AI)-based solution that provides remote diagnostics by detecting urine’s molecular composition. K2, as the device is called, attaches easily to the toilet rim to generate secure, personalized diagnostic data that directly links to a mobile app.
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Skin, tissue layer illustration

After AU$45M IPO, Aroa rakes in two new approvals as it ramps up commercial presence

Sep. 1, 2020
By Tamra Sami
PERTH, Australia – After its initial public offering on the Australian Securities Exchange, soft tissue regeneration company Aroa Biosurgery Ltd. has received new clearances in the U.S. and Europe and is focusing on building up its commercial and manufacturing capacity.
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