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BioWorld - Saturday, March 14, 2026
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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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Tony McKinney, founder and CEO, Ethismos
Newco news

Ethismos eyes the clinic with its $50M placement

March 13, 2020
By Lee Landenberger
Tony McKinney, the founder and CEO of Ethismos Research Inc., has worked with the small molecule he plans to take into the clinic this year for the past 10 years. All the while he’s used the same support group of personnel to develop the molecule. Sometimes that group works and sometimes it’s on hiatus.
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Bare feet
Newco news

Palvella completes enrollment for rare disease study

March 6, 2020
By Lee Landenberger
Palvella Therapeutics Inc. has completed enrollment of its phase II/III trial for treating adults with pachyonychia congenita, a rare disease that eventually leads patients to a life of chronic pain and severe problems with walking.
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Newco news

The stars shine on Orionis as it embarks on a deal with Novartis

March 5, 2020
By Lee Landenberger
Orionis Biosciences Inc. has begun a four-year collaboration with Novartis AG to discover and design small-molecule therapeutics such as protein degraders that target several therapeutic areas, including cancer. The agreement’s terms include research funding a convertible note investment, royalties and potential clinical milestones.
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Hand holding money plant

MBD and Azothbio partner for rare cancer drug using AI modeling technology

March 3, 2020
By Jihyun Kim
HONG KONG – MBD Co. Ltd. and Azothbio Inc., both based in South Korea, have entered an agreement for rare cancer drug development using an AI-powered drug discovery platform.
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Newco news

Aivita Biomedical ahead of schedule on its phase II glioblastoma trial

Feb. 27, 2020
By Lee Landenberger
Aivita Biomedical Inc.’s CEO, Hans Keirstead, just finished up a $12.5 million fundraiser and he’s prepping for another $12.5 million in a second effort. In the two months since he started raising the money, he has hired four more people and plans to hire four more by year-end, bringing the company’s headcount to 36 employees.
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Newco news

Reinvented Coimmune has a new IND and two clinical trials

Feb. 19, 2020
By Lee Landenberger
It’s been a rapid year of change for Coimmune Inc., which was incorporated only 12 months ago and now has FDA approval of an IND clearing the way for a phase IIb trial using CMN-001 to treat advanced metastatic renal cell carcinoma (mRCC).
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Newco news

Medicinal cannabis company Zelira raises nearly AU$5 million as it gears up for commercialization

Feb. 18, 2020
By Tamra Sami
PERTH, Australia – With a capital raise of $AU4.58 million (US$3.07 million) under its belt, Zelira Therapeutics Ltd. will be better positioned to launch multiple medicinal cannabis products that are currently in late-stage clinical trials.
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Chalkboard illustration: question mark, gears, lightbulb, target, rocket
Newco news

With a $2M SBIR grant, Eumentis launches to target Alzheimer’s, autism spectrum disorders

Feb. 13, 2020
By Lee Landenberger
Mark Tepper, the founder of newly launched Eumentis Therapeutics Inc., plans to use the company’s recent $2 million Small Business Innovation Research (SBIR) grant to fund IND-enabling studies for EM-036, a nitro-aminoadamantane N-methyl-D-aspartate receptor antagonist to treat Alzheimer's disease and autism spectrum disorders.
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Newco news

Pinning hopes on autophagy, Pinpoint raises $1M

Feb. 12, 2020
By Lee Landenberger
Christian Peters, CEO of the newly launched and privately held Pinpoint Therapeutics Inc., said he has a relatively unusual pedigree that allows him a unique perspective in drug development. That combination of working in academia and in the corporate sphere has given him a more well-rounded view than most.
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