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BioWorld - Friday, May 8, 2026
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Ribbons of digital data
Newco news

Adaptyv Bio using AI and cell-free systems to generate high-affinity proteins

April 17, 2023
By Nuala Moran
The artificial intelligence-first approach to drug discovery may be boosting productivity but has also exposed the fact that in silico design can only go so far. At some point it will be necessary to revert to the conventional method and synthesize a protein and do an experiment. Now newco Adaptyv Bio aims to smooth this transition by applying cell-free systems and micro fluidics to enable proteins to be synthesized and validated at nano scale.
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Thrombus in bloodstream with platelets and fibrin
Newco news

Calida Therapeutics raises $2.17M to advance thrombo-inflammatory research

April 13, 2023
By Caroline Richards
With the backing of €2 million (US$2.17 million) in seed funding from venture capital company Adbio partners, French biotech Calida Therapeutics hopes that drawing on some U.S. academic research into thrombo-inflammatory disorders will enable it to develop a series of monoclonal antibodies.
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Hand holding money plant
Newco news

Ctrl Therapeutics launches with $10M in seed funding

April 11, 2023
By Caroline Richards
A $10 million pot of seed money has catapulted Ctrl Therapeutics Inc. into existence, enabling it to advance an immunotherapy approach in which tumor cells are extracted from the bloodstream rather than the tumor itself. By targeting circulating tumor-reactive lymphocytes (cTRLs) in the blood, the company’s cell therapy platform – which originated at the University of Toronto – is designed to address the challenges of existing cell therapy technologies.
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Ischemic stroke
Newco news

Fast-acting and reversible: Basking seeks to expand options in ischemic stroke

April 11, 2023
By Jennifer Boggs
Acute thrombosis, including heart attack and stroke, is a leading cause of mortality worldwide. Yet only a small fraction of patients can be treated with current therapeutic or surgical interventions. Enter Basking Biosciences Inc., a 2019 startup aimed at developing a short-acting, fast-onset thrombolytic drug alongside a reversal agent for treating acute ischemic stroke.
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Cancer cell, dropper, test tubes
Newco news

Mosaic collects $28M to find cancer targets and biomarkers

April 10, 2023
By Nuala Moran
Two years after its formation, Mosaic Therapeutics Ltd. has raised $28 million in a series A to begin commercialization of research carried out by the Translational Cancer Genomics Lab at the Sanger Institute in Cambridge, U.K., into the genetic vulnerabilities of multiple tumor types and how that impacts response to therapy.
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T cells
Newco news

Thymus-focused T-cell therapy platform draws EU funding to startup Smart Immune

March 31, 2023
By Nuala Moran
Smart Immune SAS has received €17.5 million (US$19 million) in grant and equity funding from an EU innovation program to advance development of its “thymus in a dish” T-cell therapy.
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Digestive system
Newco news

Alternative, antagonist approach to GI diseases unveiled by ThirtyFiveBio

March 30, 2023
By Caroline Richards
The role of G protein-coupled receptor 35 (GPR35) in gastrointestinal (GI) diseases has been genetically validated for some time, with several pharmaceutical companies advancing programs designed to tackle the target; however, most of these efforts to date have focused on increasing GPR35 activity. ThirtyFiveBio’s approach is different: The newly founded virtual biotech company believes that antagonizing the target and thereby blocking unwanted GPR35 signaling may be a more appropriate way to address GI conditions, including digestive tract cancers.
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CDK2 with cyclin E
Newco news

Former G1 trio leading charge on CDK2 inhibitor in resistant cancer at Incyclix

March 29, 2023
By Jennifer Boggs
More than a decade ago, three scientists were part of a team at G1 Therapeutics Inc. that led to the now-approved CDK4/6 inhibitor Cosela (trilaciclib). The same work also led to findings showing CDK2 as a promising target for cancers that developed resistance to CDK4/6 inhibition.
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Elderly woman holding illustration of brain with missing puzzle piece
Newco news

‘Not a slowdown, a reversal’: Truebinding tackling Alzheimer’s via galectin-3

March 17, 2023
By Jennifer Boggs
In Alzheimer’s, the amyloid beta hypothesis has proved most persistent in terms of drug development efforts to date, but aggregation of other pathogenic factors – phosphorylated tau (p-tau), APOE4, TREM2 and alpha-synuclein, for example – have also emerged as hallmarks of the disease. It’s that aggregation that seven-year-old Truebinding Inc. aims to target with its lead program, TB-006, a monoclonal antibody against galectin-3.
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Gold wireframe handshake
Newco news

A $4 million handshake with investor helps propel First Wave Biopharma’s CF offering

March 16, 2023
By Caroline Richards
An investor has seen promise in First Wave Biopharma Inc.’s targeted, systemic gastrointestinal disease biotherapeutics, offering $4 million in a private placement as enrollment picks up pace in a phase II trial for the company’s lead candidate, adrulipase.
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