Advertisement

Picture [iito] Life Science Business Portals Media Data 2022 2 650x100px
Collaboration › Details

Bioqube Ventures–Metrion Biosciences: drug discovery services, 202112– collab project to identify ion channel inhibtors for autoimmune diseases

 

Period Period 2021-12-16
Organisations Partner, 1st Bioqube Factory Fund I
  Group Bioqube Ventures (Group)
  Partner, 2nd Metrion Biosciences Ltd.
Products Product drug discovery services
  Product 2 immuno modulatory compound (IMO)
     

Metrion Biosciences Ltd.. (12/16/21). "Press Release: Metrion Biosciences and Bioqube Ventures Collaborate on Venture Creation Project to Identify novel ion channel inhibitors for autoimmune diseases". Cambridge & Brussels.

Metrion Biosciences Limited (“Metrion”), the specialist ion channel contract research and drug discovery company, and Bioqube Ventures (“Bioqube”), a specialist European life sciences investment firm, announced today that they have entered into a collaboration, backed by Bioqube Factory Fund I, to incubate a drug discovery research project targeting autoimmune diseases.

Under the terms of the collaboration, Bioqube and Metrion will advance a lead series of previously identified highly potent and selective small molecule inhibitors of the human Kv1.3 potassium ion channel to enable further development. Activation of this voltage-gated ion channel in effector memory T-cells is thought to be an early and necessary step in the development of auto-immune diseases, including rheumatoid arthritis, lupus nephritis, psoriasis, multiple sclerosis and many others. The lead candidate(s) will then be progressed for further development and human clinical trials. Metrion will provide its expertise in ion channel assays and compound characterisation, with additional support from undisclosed medicinal chemistry and ADME and Toxicology partners.

Bioqube Factory Fund I has a clear focus on the discovery and development of new therapeutic platforms and assets. Bioqube looks to exclusively invest in the most promising innovative science in Europe, applying a dual investment proposition including a venture creation model.

Dirk Reyn, Managing Partner, Bioqube Ventures, commented: “This collaboration is part of our venture creation model in which we invest in projects, our so called Create Projects, prior to the creation of a company. Through these Create Projects we invest directly in assets that are residing within academia, biotech, pharma, or in this case with Metrion, a CRO, with the aim to derisk and mature these programmes before we fully build portfolio companies around them. We are very pleased to now be supporting this promising project with Metrion Biosciences.”

Dr Keith McCullagh, Chairman, Metrion Biosciences, said: “We are delighted to be working with Bioqube Ventures on this exciting project. They have an excellent understanding of the criteria for successful pharmaceutical development and the potential breakthrough opportunity represented by human Kv1.3 inhibitors in the treatment of autoimmune disorders.”

For more information: https://www.metrionbiosciences.com and www.bioqubeventures.com.


ENDS


Notes for Editors


Media contacts:

Lily Jeffery
Zyme Communications
E-mail: lily.jeffery@zymecommunications.com
Tel: +44 (0)7891 477 378

Supriya Mathur, Charlotte Hepburne-Scott
Optimum Strategic Communications
E-mail: Bioqube@optimumcomms.com
Tel: +44 (0) 208 078 4357


About Bioqube Ventures

Bioqube Ventures is a specialist life sciences investment firm founded in 2016. The team consist out of investment professionals, sector experts and serial entrepreneurs that have a proven track record in successfully building and leading companies on their growth paths. In 2020, Bioqube Ventures launched the Bioqube Factory Fund I, a 110 MEUR fund with a clear focus on the discovery and development of new therapeutic platforms and assets. With a diversified investment strategy, including a venture creation model and industry guidance through selected strategic partnerships, Bioqube Ventures will exclusively invest in the most promising innovative science in Europe. Bioqube Factory Fund I is supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (“EFSI”) set up under the Investment Plan for Europe. www.bioqubeventures.com..

Follow @bioqubeventures on LinkedIn | @bioqubeventures on Twitter


About Metrion Biosciences

Metrion Biosciences is a specialist ion-channel contract research organization and drug discovery business. The Company provides customers with access to a range of high-quality ion channel assays on a fee-for-service or collaboration basis. Metrion Biosciences’ ion channel expertise includes an industry leading panel of in vitro cardiac ion channel safety assays, translational native cell and phenotypic assays for neurological and cardiotoxicity testing, and a range of other ion channel screening services such as cell line development and optimization. Metrion Biosciences is able to provide tailored assay formats, data analysis and reporting solutions, effective project management and quality assured data packages.

For more information, please visit www.metrionbiosciences.com

LinkedIn: @metrion-biosciences | Twitter: @metrion_biosci

   
Record changed: 2022-01-02

Advertisement

Picture [iito] Männer Ballett 650x100px

More documents for Bioqube Ventures (Group)


To subscribe to our free, monthly newsletter for the European life sciences, please send an e-mail to info@iito.de and simply fill the subject line with the word »LSE Newsletter«

Find more infos about advertising at [iito] web portals in our media flyer [iito] in a Nutshell [PDF file]

Please visit also our web portals for the life sciences in German-speaking Europe (DE, AT & CH) and the worldwide mass spectrometry industry at Life-Sciences-Germany.com (life sciences in German-speaking Europe) and Mass-Spec-Capital.com (worldwide mass spectrometry)

Advertisement

Picture ConsulTech GmbH Berlin Grant Application and Coordination 650x80px




» top