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BioWorld - Friday, March 13, 2026
Breaking News: Trump administration impacts continue to roil the life sciences sectorBreaking News: Trump administration impacts continue to roil the life sciences sector
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BioWorld, 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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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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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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Newco news

Montis looking to exploit rather than inhibit tumor vasculature to target cancer

April 3, 2020
By Nuala Moran
LONDON – A founding father of anti-angiogenesis therapy, Peter Carmeliet is turning his previous work on its head in new research which indicates that rather than destroying tumor vasculature, it should be piggy-backed as a means to recruit immune cells to a tumor.
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Naheed Kurji, president and CEO, Cyclica
Newco news

Nineteengale is born, a spinout of Neurotheryx and Cyclica

March 20, 2020
By Lee Landenberger
Nineteengale Therapeutics is a new joint venture that was launched to fill a large void. Cyclica Inc., along with its partner, Neurotheryx Canada Ltd., both of Toronto, created Nineteengale to find and develop cannabinoid-inspired drugs for bipolar disorder, anxiety and pain management.
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Lawrence Blatt, CEO, Aligos Therapeutics
Newco news

Aligos tackles hepatitis B with combo approach, three drugs entering clinic this year

March 13, 2020
By Karen Carey
Lessons learned from development of hepatitis C therapies could be applied to the underserved hepatitis B population, potentially leading to a functional cure through a combination of optimized drugs that attack the virus from different angles. That is the mission of 2-year-old Aligos Therapeutics Inc., a South San Francisco-based startup focused on liver-related diseases.
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