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Kuano Raises £1.8M Seed Round for Quantum Drug Discovery (2023-09-12)
> Led by Mercia Ventures, investors include ACF Investors, Ascension Ventures, o2h Ventures, Meltwind Advisory LLP, and Angel investors > Funds will enable further growth and validation of Kuano’s quantum simulation platform for enzyme targeted drug discovery ...
Bastion Therapeutics Secures $840k to Develop Tregs (2023-09-12)
Bastion Therapeutics secures $840,000 in launch financing to develop advanced Treg therapeutics for inflammatory disorders and autoimmune diseases Bastion Therapeutics (“Bastion”), a preclinical biotechnology company focused on restoring immune balance, has se...
ICR Acquires Consilium Strategic Communications (2023-09-12)
> Consilium to combine with ICR’s US-based healthcare practice, providing clients with seamless integrated support for strategic communications and investor engagement across US, Europe and Asia > Combined practice includes more than 100 team members and nearly ...
Sandoz to Commercialise Samsung’s Biosimilar Ustekinumab (2023-09-11)
Sandoz announces exclusive deal to commercialize biosimilar ustekinumab, further reinforcing growing pipeline and immunology patient offering > Agreement with Samsung Bioepis gives Sandoz exclusive commercialization rights to biosimilar SB17 ustekinumab in Europ...
Orbit Discovery & Orano Med: Drug Discovery Collaboration (2023-09-11)
Orano Med SAS, “Orano Med”, a biotechnology company developing Lead-212 (212Pb) Targeted Alpha Therapy against cancer, and Orbit Discovery Ltd, “Orbit”, a leader in the discovery of therapeutic peptide hits, today announced that they have entered into a collaborati...
Verge Genomics & Alexion: AI-enabled Drug Discovery (2023-09-08)
> Verge to receive up to $42M in upfront and near-term payments, with future cumulative milestones worth up to $840M > The collaboration is the second with a leading global pharmaceutical company and shows the unique scalability of the CONVERGE™ platform for t...
Corteria €65m Series A Co-led by OrbiMed & Jeito Capital (2023-09-07)
Corteria Pharmaceuticals (“Corteria”), a biopharmaceutical company specialized in the development of transformative therapies for unaddressed heart failure subpopulations, today announced an oversubscribed €65M ($71M1) Series A co-led by US investment firm OrbiMed ...
inContAlert Raises EUR1.5m Pre-seed Financing Round (2023-09-06)
> High-Tech Gründerfonds, Bayern Kapital, Carma Fund, and renowned business angels from Germany and the UK are participa ting in the pre-seed financing round. > The MedTech startup is developing a sensor to measure the bladder filling level for incontinence pati...
Optibrium Acquires Long-time Collaborator BioPharmics (2023-08-31)
BioPharmics’ Drs Ajay Jain (CEO) and Ann Cleves (Director of Applied Science) join the Optibrium team as Vice Presidents in the newly-created BioPharmics Division Optibrium, a leading developer of software and AI solutions for drug discovery, today announced t...
Theragenix & Univ Nottingham: £995k Innovate UK Grant (2023-08-31)
> Novel non-viral gene delivery platform to help advance tissue repair following orthopaedic surgery > Funding from Innovate UK’s Transforming Medicines Manufacturing programme supporting innovative technologies for intracellular drug delivery TherageniX, ...

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