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Primary Cells Market Research Report by Origin, by Cell Type, by End-user, by Region – Global Forecast to 2026 – Cumulative Impact of COVID-19 – Yahoo…

Posted: August 5, 2021 at 1:52 am

Primary Cells Market Research Report by Origin (Animal Primary Cells and Human Primary Cells), by Cell Type (Dermatocytes, Gastrointestinal Cells, and Heart Cells), by End-user, by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19

New York, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Primary Cells Market Research Report by Origin, by Cell Type, by End-user, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" - https://www.reportlinker.com/p06087175/?utm_source=GNW

The Global Primary Cells Market size was estimated at USD 1,025.78 Million in 2020 and expected to reach USD 1,144.46 Million in 2021, at a Compound Annual Growth Rate (CAGR) 11.90% from 2020 to 2026 to reach USD 2,014.78 Million by 2026.

Market Statistics:The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage:This research report categorizes the Primary Cells to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Origin, the Primary Cells Market was studied across Animal Primary Cells and Human Primary Cells.

Based on Cell Type, the Primary Cells Market was studied across Dermatocytes, Gastrointestinal Cells, Heart Cells, Hematopoietic Cells, Hepatocytes, Lung Cells, Musculoskeletal Cells, and Renal Cells. The Hepatocytes is further studied across Cryopreserved Hepatocytes and Fresh Hepatocytes.

Based on End-user, the Primary Cells Market was studied across Life Science Companies and Research Institutes.

Based on Geography, the Primary Cells Market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific is further studied across China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:The FPNV Positioning Matrix evaluates and categorizes the vendors in the Primary Cells Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles:The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Primary Cells Market, including AcceGen, Allcells, American Type Culture Collection, Axol Bioscience Ltd., BioIVT, Biopredic International, BPS Bioscience, Inc., Cell Biologics, Inc., Corning Incorporated, Creative Bioarray, Epithelix SRL, Ixcells Biotechnologies, Lonza Group AG, Merck KGaA, Neuromics, Ppa Research Group, Inc., Promocell GmbH, Reachbio LLC, Sciencell Research Laboratories, Inc., Sekisui Xenotech, LLC, Stem Cell Technologies, Inc., StemExpress, LLC, Thermo Fisher Scientific, Inc., and Zenbio, Inc..

The report provides insights on the following pointers:1. Market Penetration: Provides comprehensive information on the market offered by the key players2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:1. What is the market size and forecast of the Global Primary Cells Market?2. What are the inhibiting factors and impact of COVID-19 shaping the Global Primary Cells Market during the forecast period?3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Primary Cells Market?4. What is the competitive strategic window for opportunities in the Global Primary Cells Market?5. What are the technology trends and regulatory frameworks in the Global Primary Cells Market?6. What is the market share of the leading vendors in the Global Primary Cells Market?7. What modes and strategic moves are considered suitable for entering the Global Primary Cells Market?Read the full report: https://www.reportlinker.com/p06087175/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Primary Cells Market Research Report by Origin, by Cell Type, by End-user, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19 - Yahoo...

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BeyondSpring Announces Positive Topline Results from its DUBLIN-3 Registrational Trial of Plinabulin in Combination with Docetaxel for the Treatment…

Posted: August 5, 2021 at 1:52 am

DetailsCategory: Small MoleculesPublished on Wednesday, 04 August 2021 13:55Hits: 305

NEW YORK, NY, USA I August 04, 2021 I BeyondSpring (the Company or BeyondSpring) (NASDAQ: BYSI), a global pharmaceutical company focused on the development of cancer therapeutics, announced today the positive topline data of DUBLIN-3 registrational trial in plinabulin in combination with docetaxel to treat 2nd and 3rd line NSCLC (EGFR wild type) compared to docetaxel alone (n=559). Plinabulin is a first-in-class, selective immunomodulating microtubule-binding agent (SIMBA), which is a potent antigen presenting cell (APC) inducer. The data released today showed that compared to docetaxel alone, the combination met the primary endpoint of increasing overall survival (mean OS, p = 0.03; OS log rank, p <0.04) and met key secondary endpoints, including significantly improving ORR, PFS and 24- and 36-month OS rates, and significant reduction in the incidence of Grade 4 neutropenia.

The DUBLIN-3 Phase 3 trial is a randomized, single blind to patients, active controlled, global trial that enrolled 559 patients in 2nd and 3rd line NSCLC, EGFR wild type, with measurable lung lesion. Patients were treated on a 21-day cycle with infusion of docetaxel (75 mg/m2 on day 1) and plinabulin (30 mg/m2 on days 1 and 8) vs. docetaxel alone (75 mg/m2, day 1). The primary endpoint was overall survival. Plinabulin in combination with docetaxel (DP) showed statistically significant improvements compared to docetaxel alone (D) with topline data summarized below for ITT population (DP: n=278; D: n=281).

Trevor M. Feinstein, M.D., of the Piedmont Cancer Institute and a principal investigator for DUBLIN-3 commented, The treatment of 2nd and 3rd line NSCLC, especially with EGFR wild type where tyrosine kinase inhibitors do not work, is an area of severe unmet medical needs. Now that checkpoint inhibitor immunotherapy has moved into first line, there is a vacuum in this indication, where treatment is heavily centered around docetaxel. Currently, docetaxel-based therapies have limited survival benefit and >40% severe neutropenia. In DUBLIN-3, a prolonged survival benefit, characterized by a long-tailed OS curve, was observed with plinabulin that represents an immune associated anti-cancer benefit. The opportunity that plinabulin offers to these patients is not only to live longer, but also with significantly reduced severe neutropenia, which are both meaningful for these very sick patients.

Yan Sun, M.D., co-founder and former Chairman of Chinese Society of Clinical Oncology (CSCO), Chairman of NCCN Guidelines of NSCLC in China, and Director of GCP Center at Cancer Hospital of Chinese Academy of Medical Sciences added, DUBLIN-3 is a pivotal study which succeeded in demonstrating OS benefit for the first agent with a novel mechanism plinabulin since the 2015 nivolumab approval. It was very rewarding to be the global Principal Investigator throughout the 6 years for the DUBLIN-3 trial that serves to address this severe unmet medical need. In the DUBLIN-3 study, it is especially gratifying to see the doubling of 24- and 36-month OS rate with a favorable safety profile in the plinabulin combination arm; this profile not only significantly advances NSCLC patients care, but also signals plinabulins profound immune anti-cancer benefit. The success of the DUBLIN-3 study is the gateway of plinabulin into multiple tumor indications within IO combinations.

Dr. Ramon Mohanlal, CMO and EVP of R&D of BeyondSpring said, The success of the DUBLIN-3 study represents proof-of-concept of plinabulins immune-enhancing mechanism of action that is complimentary to that of checkpoint inhibitors, and which is the rationale for it to be combined as triple IO combinations in multiple tumor indications. These programs are already in Phase 1/2 stage and preliminary positive results were reported at ASCO 2021.

Dr. Lan Huang, BeyondSpring's co-founder, CEO and Chairwoman concluded, A pre-NDA meeting will be scheduled with the FDA in 2021 to agree on the contents for our NDA, to support a NSCLC indication NDA submission in the first half of 2022. This will be the second indication and second NDA for plinabulin. The superior benefit of plinabulin in reducing severe neutropenia of docetaxel in DUBLIN-3 further supports our first NDA submission in CIN prevention, which received FDA priority review with a PDUFA date of November 30, 2021. Importantly, the strong results from DUBLIN-3 further validate our conviction that plinabulin, as an immune anti-cancer agent, has the potential to be a cornerstone therapy for many solid tumors. I'd like to take the time to thank everyone who helped make this 6-year study run smoothly at more than 60 sites across the U.S., China and Australia, including all participating patients and their families, the investigators and clinical staff and the dedicated BeyondSpring team.

Conference Call and Webcast InformationBeyondSprings management will host a conference call and webcast today at 8:30 a.m. Eastern Time. The dial-in numbers for the conference call are 1-877-451-6152 (U.S.) or 1-201-389-0879 (international). Please reference conference ID: 13722298. A live webcast will be available on BeyondSprings website atwww.beyondspringpharma.comunderEvents & Presentationsin the Investors section. An archived replay of the webcast will be available for 30 days.

About PlinabulinPlinabulin, BeyondSprings lead asset, is a selective immunomodulating microtubule-binding agent (SIMBA), which is a potent antigen presenting cell (APC) inducer. It is a novel, intravenous infused, patent-protected, NDA stage asset for CIN prevention and a Phase 3 anti-cancer candidate for non-small cell lung cancer (NSCLC). Plinabulin triggers the release of the immune defense protein, GEF-H1, which leads to two distinct effects: first is a durable anticancer benefit due to the maturation of dendritic cells resulting in the activation of tumor antigen-specific T-cells to target cancer cells, and the second is early-onset of action in CIN prevention after chemotherapy by boosting the number of hematopoietic stem/progenitor cells (HSPCs). Plinabulin received Breakthrough Therapy designation from both U.S. and China FDA for the CIN prevention indication. As a pipeline in a drug, plinabulin is being broadly studied in combination with various immuno-oncology agents that could boost the effects of the PD-1/PD-L1 antibodies and re-sensitize PD-1/PD-L1 antibody-resistant patients.

About BeyondSpringHeadquartered in New York City, BeyondSpring is a global biopharmaceutical company focused on developing innovative cancer therapies to improve clinical outcomes for patients who have high unmet medical needs. BeyondSprings first-in-class lead asset plinabulin, is being developed as a pipeline in a drug. It is filed for approval and has received Priority Review in the U.S. and China for the prevention of chemotherapy-induced neutropenia (CIN) with a PDUFA date of November 30, 2021 in the U.S., and has a fully enrolled pivotal study (DUBLIN-3) to test an anti-cancer benefit with an overall survival primary endpoint in NSCLC. Additionally, it is being broadly studied in combination with various immuno-oncology regimens that could boost the effects of PD-1 / PD-L1 antibodies. In addition to plinabulin, BeyondSprings extensive pipeline includes three pre-clinical immuno-oncology assets and a subsidiary, SEED Therapeutics, which is leveraging a proprietary targeted protein degradation drug discovery platform.

SOURCE: BeyondSpring

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5 days, 11 life science IPOs & more than $1.3B in new capital – MedCity News

Posted: August 5, 2021 at 1:52 am

Though IPO activity typically slows down in the summer months, this summer has been atypical. The public markets continue to welcome new companies at a breakneck pace, and healthcare is well represented. Of the 20 companies that went public in the last week, 11 of them are doing work in some aspect of the life sciences.

Five of these newly public companies are developing new cancer treatments. Rare disease and heart disease are represented as well. But the biggest biotech IPO belongs to a clinical-stage company that is making progress with vaccine candidates offering the potential to address variants of SARS-CoV-2. According to IPO research firm Renaissance Capital, the 20 IPOs make up the biggest IPO total for a single week since 2000. However, Bill Smith, CEO and co-founder of Renaissance, said this level of activity comes at a price.

Simply put, investors are tired, he wrote in the firms newsletter published on Sunday. Combine that fatigue with increased pricing pressure, and performance starts to suffer. Three companies postponed, citing either volatility or market conditions. Of the IPOs that did get done, nearly half priced below the midpoint, and returns were a mixed bag.

IPO activity might take a break for August. Renaissance notes that new filings have slowed in the runup to these dog days of summer. Heres a recap of the weeks IPO activity from the life sciences side, mixed bag and all.

Icosavax reels in $182M for clinical trials of its VLP vaccines

Vaccine developer Icosavax had the biggest life sciences IPO of the week, raising $182 million. After initially planning to offer 11.5 million shares in the range of $14 to $16 each, the company was able to boost the deals size to 12.1 million shares priced at the midpoint of the targeted price range. Icosavax shares trade on the Nasdaq under the stock symbol ICVX. On the companys first day of trading Thursday, the stock price more than doubled. Shares closed Friday at $34.97, up more than 133% from the IPO price.

Seattle-based Icosavax produces vaccines by engineering proteins into virus-like particles. These particles contain no genetic material but resemble a virus closely enough to elicit an immune response. Lead Icosavax vaccine candidate IVX-121 has reached Phase 1 testing in respiratory syncytial virus (RSV). That vaccine is also part of an experimental bivalent vaccine called IVX-A12, which is comprised of the RSV candidate along with a candidate for human metapneumovirus (hMPV), which is another respiratory virus. Icosavax has also used its VLP platform to develop a SARS-CoV-2 vaccine candidate, IVX-411.

Icosavax plans to spend $120 million to take its bivalent RSV/hMPV vaccine into Phase 2b testing, according to the prospectus. Another $35 million will go toward the development of other vaccines, including advancing the Covid-19 vaccine candidate through Phase 1/2 and Phase 2 testing.

Candel cuts deal size, raises $72M for oncolytic viruses

Candel Therapeutics raised $72 million for its cancer drugs, but it had to shrink the size of the deal to go public. The biotech initially planned to offer more than 6 million shares in the range of $13 to $15 per share. Candel ended up selling 9 million shares for $8 apiece. Those shares trade on the Nasdaq under the stock symbol CADL.

Needham, Massachusetts-based Candel is developing oncolytic viral therapies, engineered viruses that kill cancer cells. It has two technology platforms, one using a genetically modified adenovirus and the other based on herpes simplex virus. The adenovirus platform has produced Candels most advanced therapeutic candidate, CAN-2409, which is currently in Phase 3 testing in newly diagnosed prostate cancer. According to the IPO filing, the company expects to complete enrollment in the third quarter of this year and report final data in 2024. A separate Phase 3 study testing CAN-2409 in newly diagnosed high-grade glioma is expected to start in the first half of next year. The most advanced program from the herpes simplex virus platform, CAN-3110, is in Phase 1 testing in recurrent high-grade glioma. The IPO cash will go toward clinical trials, including the construction of a manufacturing facility to produce its oncolytic viruses for those studies.

Rare disease biotech Rallybio raises $80.6M from IPO

Rallybio, a clinical-stage developer of therapies for rare diseases, raised $80.6 million from its IPO. The New Haven, Connecticut-based company planned to offer 5.75 million shares. The company ended up selling 6.2 million shares for $13 each, the low end of the $13 to $15 price range it had set. Rallybio shares trade on the Nasdaq under the stock symbol RLYB.

The most advanced Rallybio program is RLYB211, a polyclonal antibody in development to prevent fetal and neonatal alloimmune thrombocytopenia (FNAIT). The rare and potentially life-threatening blood disorder develops when platelets of a pregnant woman have a surface protein that the platelets of the fetus see as foreign, sparking antibodies to the protein. The Rallybio lead therapy is in Phase 1/2 testing. According to the prospectus, the company plans to spend $75 million to $83 million to complete the clinical trial. That cash will also support completion of Phase 1 tests of RLYB212, a monoclonal antibody for FNAIT.

IPO brings $166M in new cash for Nuvalents cancer drugs

Nuvalents IPO raised $165.75 million to advance its cancer drugs to clinical trials. The Cambridge, Massachusetts-based biotech planned to offer 8.9 million shares in the range of $16 to $18 each. The company was able to boost the size of the deal to 9.75 million shares priced at the midpoint of the projected price range. Those share trade on the Nasdaq under the stock symbol NUVL.

Nuvalent is developing small molecule kinase inhibitors. While drugs from this class have already been approved to treat cancer, the company said in its IPO filing that it designs its small molecules to overcome drug resistance, adverse events, the ability to penetrate into the brain, and other limitations to currently available kinase inhibitors. The companys two lead programs target cancers driven by genomic alterations in the ROS1 and ALK kinases. According to the IPO filing, between $60 million and $65 million is earmarked for NVL-520, which is being readied for the Phase 1 part of a Phase 1/2 study in ROS1-positive non-small cell lung cancer (NSCLC) and other solid tumors. Another $55 million to $60 million is set aside for NVL-655, which is on track to advance to the Phase 1 portion of a Phase 1/2 study in ALK-positive NSCLC and other advanced cancers.

Omega Therapeutics pulls in $126M for programmable drugs

Omega Therapeutics is developing drugs that act on genes. But rather than turning them on or off, the companys drugs, which it calls epigenomic controllers, are more like a dimmer switch that can dial a genes activity up or down. The companys drugs are comprised of messenger RNA encapsulated in a lipid nanoparticle. The company says its approach has potentially applications in regenerative medicine and immunology but cancer is the first target. Lead program OTX-2002 is being developed to down-regulate c-Myc, a gene frequently dysregulated in cancer.

Cambridge-based Omega priced its offering of 7.4 million shares at $17 each, which was the midpoint of its targeted price range. The company raised $125.8 million to apply to its drug pipeline. According to the IPO filing, the company plans to file the paperwork to begin clinical trials in 2022, evaluating an epigenomic controller as a treatment for liver cancer. Omegas shares trade on the Nasdaq under the stock symbol OMGA.

Tenaya Therapeutics takes in $180M for heart drug R&D

In a crowded field of newly public cancer drug developers, the heart disease focus of Tenaya Therapeutics stands out. But this focus gives it a large addressable market. Heart disease is the leading cause of death worldwide, the company points out in its IPO filing.

San Francisco-based Tenaya aims to treat heart disease with gene therapies, biologics, and small molecules. The companys most advanced gene therapy program, TN-201, is being prepared for clinical testing as a treatment for hypertrophic cardiomyopathy caused by genetic mutations. The gene therapy is designed to deliver a fully functional version of the mutated gene. The pipeline also includes a small molecule, TYA-11631, with potential applications in heart failure and genetic dilated cardiomyopathy.

Tenaya planned to offer 10 million shares in the range of $14 to $16 each. But the preclinical biotech found enough investor interest to boost the offering to 12 million shares priced at the midpoint of the targeted price range, raising $180 million. The biotechs shares trade on the Nasdaq under the stock symbol TNYA. According to Tenayas IPO filing, the company plans to spend $35 million to $40 million on its lead gene therapy and $10 million to $15 million on its lead small molecule, including the planned start of Phase 1/2 testing for both programs.

Immuneerings IPO raises $112M for a better MEK inhibitor

Immuneerings IPO raised $112.5 million to bring its lead cancer drug candidate into clinical testing. That program, IMM-1-104, is type of cancer drug called a MEK inhibitor. Other MEK inhibitors have been approved by the FDA previously, but the biotech says in its prospectus that its drug has features that enable it to avoid drug resistance while improving its tolerability. Immuneering expects to file the investigational new drug application paperwork in the first quarter of 2022, with plans to begin a Phase 1 study in patients with advanced solid tumors characterized by RAS mutations.

Cambridge-based Immuneering offered 7.5 million shares at $15 apiece, which was the midpoint of the projected price range. The company plans to spend between $33 million and $38 million on its lead program; $38 million to $43 million is budgeted for research on its other preclinical programs. The companys shares trade on the Nasdaq under the stock symbol IMRX.

Cancer biotech In8bio prices $40M IPO below targeted price range

IN8bio, a clinical-stage company developing cell therapies for cancer, raised $40 million in its stock market debut. The biotech offered 4 million shares for $8 each, well below the $10 to $12 per share range it had planned. IN8Bio shares trade on the Nasdaq under the stock symbol INAB.

New York-based IN8bio is developing cell therapies from gamma-delta T cells, which are immune cells that have properties of both the innate and adaptive immune systems. The company said in its IPO filing that these cells can differentiate between healthy and diseased tissue and may kill tumors directly, and also recruit and direct immune cells to kill tumors as well. Lead therapeutic candidate INB-200 is in Phase 1 testing in newly diagnosed glioblastoma; INB-100 is in early-stage testing for treating leukemia patients who are undergoing stem cell transplants. The biotech plans to apply the IPO proceeds toward its ongoing clinical research.

RxSights IPO raises $117M for intraocular lens technology

RxSight stands apart from most of this group of newly public life science companies in that it has reached the commercial stage. The RxSight Light Adjustable Lens is an implantable intraocular lens that can be adjusted after surgery. The product is intended to offer better visual outcomes compared to cataract surgeries that replace the lens with one that is not adjustable after the surgery. The FDA approved the RxSight technology in 2017; it also has marketing authorization in Europe and Mexico. The company reported $14.6 million in 2020 sales, a 554% increase over the prior year, according to the prospectus.

Aliso Viejo, California-based RxSight priced its offering of 7.35 million shares at $16 per share, raising $117.6 million. The company plans to spend $40 million to support commercialization of its product and $44 million on product development, research, and clinical development. RxSights shares trade on the Nasdaq under the stock symbol RXST.

MaxCyte rides the cell therapy R&D wave to a $175M IPO

MaxCyte, a company that already trades on the London stock exchange operated AIM, raised $175.5 million in its U.S. stock market debut. The company initially planned to offer more than 12 million shares in the range of $11.50 and $13.50 per share. It was able to boost the deal size, selling 13.5 million shares for $13 apiece, raising $175.5 million. On the Nasdaq, MaxCyte now trades under the stock symbol MXCT.

Gaithersburg, Maryland-based MaxCyte has commercialized a proprietary flow electroporation technology, which is used in the engineering of a wide variety of cells for cell therapies. The companys customers include cell therapy developers, large biopharmaceutical companies, and government and academic institutions. MaxCyte reported $26.1 million in revenue in 2020, a 21% increase over 2019 sales, according to the IPO filing. MaxCyte plans to spend $20 million to $30 million on R&D, including commercialization of its VLX system, which is designed for extremely large volume cell engineering. Another $20 million to $30 million is set aside for manufacturing; and $10 million to $20 million on sales and marketing and business development.

Drug/device company Rani Therapeutics reels in $73M for oral biologics

One of the reasons that biologic drugs come in an injectable and not oral formulations is that these large molecules cant survive the digestive environment. Rani Therapeutics is developing a capsule that carries a biologic payload that withstands stomach acid, then, in the upper half of the small intestine, dissolves and exposes a microneedle that injects the drug into the intestinal wall.

San Jose, California-based Rani plans to develop its RaniPill for oral delivery of biologic drugs that are already approved and have been available for years only in injectable form. Phase 1 tests have been completed. Rani said in its IPO filing that it plans to meet with the FDA in the second half of this year to discuss its drug pipeline. Ranis IPO raised $73 million. The company priced its offering of 6.7 million shares at $11 each, well below the $14 to $16 per share range it projected. Rani shares trade on the Nasdaq under the stock symbol RANI.

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5 days, 11 life science IPOs & more than $1.3B in new capital - MedCity News

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What Its Like To Have Severe Iron Deficiency Anemia – Scary Mommy

Posted: August 5, 2021 at 1:52 am

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Im severely anemic. Hence, I have approximately the same skin tone as the Vampire Lestat. Its sort of punk rock/goth-y, so it doesnt bother me. But I also get so tiredthat I nap almost every afternoon, and thats decidedlynot punk rock. That fatigue is brutal: Ive cried because I couldnt walk up a mountain Id traipsed up before. Those are traditional signs of iron deficiency anemia. Most people know them. But there are plenty of signs youve probably never heard of.

You probably know anemia comes in several flavors: sickle-cell anemia, which is inherited and has to do with the shape of the red blood cells, for example. But the Mayo Clinic explains that there are more: Thalassemia, another inherited blood disorder, when your red blood cells dontmakeenough hemoglobin; aplastic anemia, when your body simply stops producing new red blood cells; vitamin deficiency anemia, which happens when you dont get enough Vitamin B-12, Vitamin C, and folate; and iron deficiency anemia, which occurs when you simply dont ingest enough iron.

I have iron deficiency anemia.

According to Hematology.org, anemia is the most common blood disorder. One study by the National Health and Nutrition Examination Survey found that 11%, or 3.3 million American women, have iron deficiency anemia. It happens, simply, when your body doesnt have enough red blood cells. Biology 101 flashback: red blood cells, the Mayo Clinic explains, contain hemoglobin. Thats the stuff that makes blood red. Hemoglobin lets blood cells carry oxygen from the lungs to the body, and carbon dioxide from the body back to the lungs.

Your body needs iron to make red blood cells.

Iron deficiency anemia means, simply, that your body doesnt have enough iron to make an adequate number of blood cells. It happens in a lot of pregnant people, and it can also happen from heavy periods.

But iron deficiency anemia often causesheavy periods, too, as Jacques Moritz, MD, director of gynecology at Mount Sinai St. Lukes Roosevelt in New York City told Health.com, They lose too much blood, replace about half of it, and then lose too much again the following month. Its like filling up a car with a small hold in the tank.

It can also happen simply because you dont ingest enough iron.

Ive always gotten heavy periods. And I really, really suck at ingesting iron.

I hate meat. I came into this world hating meat, and Ill eat some of it (bacon, occasionally chicken, steak or pulled pork BBQ), but generally, Im a vegetarian. And I dont eat seafood either (other than oysters). Last week, I ate meat once: I scavenged my kids chicken tenders.

Then I bled half of my iron out again. My periods are bad enough that if I was immediately postpartum, Id send ER docs running, not walking. Think the worst period youve ever had. Multiply it. Think multiple layers of period protection. Think days when I cant leave the house.

Three months ago, because of my Lestat-like complexion and severe fatigue, coupled with dark lines at the tops of my fingernails and cracks at the corners of my mouth (both signs of a vitamin deficiency, usually iron), my primary care doc drew my blood and eyeballed my hemoglobin values. Normal levels for a woman are 12 grams per deciliter, according to Hematology.org. My hemoglobin value was an eight. I wasmissing a third of my red blood cells.

My doctor looked at me and said, Look. I can refer you to a hematologist now. Theyll give you iron infusions. I had severe iron deficiency anemia during my last pregnancy and received iron infusions: twice a week I drove to a clinic where they stuck a needle in my arm and dripped iron into me for three hours while I played on my phone. It didnt bother me much until the next day, when my entire skeleton hurt. Every. Single. Bone. Ached. For like, two days. Then I had a good day. Then I had another freaking infusion.

I did not want infusions.

So I begged for three months.Look, if we cant get them up, Ill take the referral then. Please, please, please.He agreed to give me three months and sent me home with some medical-grade iron pills.

Real talk: I could not have averted this with over-the-counter iron pills. I cant take them. They do things to my digestive system. The kind of things that necessitate lots of prunes and Miralax and Metamucil, and all that still doesnt work.

Some of my problems with iron probably stem from disordered eating left over from anorexia: I generally eat one full meal a day. I dont freak about the calories in it, but I hardly snack; I never liked breakfast; and I dont get hungry for lunch.

My husband knew two more meals a day was probably a losing battle, because I wasnt going to eat a substantial breakfast, and I legitimately forget about lunch (that happens when youdont get hungry). So he concocted a chili recipe involving pureed iron-rich greens, a ton of legumes, and lots of veggies. Basically, its a superfood. And as long as Ilikesomething, Ill eat it every goddamn day, because I dont have to think about it (my ADHD gives me choice paralysis: I cant make a simple decision and freak out. This usually happens at dinnertime). And no, you cant taste the spinach.

So I eat chili. I eata lotof chili. I also eat a lot of chickpea pasta, which contains about half of your daily iron needs.

But clearly this isnt enough to defeat iron-deficiency anemia, so I have to take pills and drink a vitamin supplement called Floradix. It doesnt taste great, and I throw it down like a frat boy.

But when I went in three months later, despite three hellish periods, my iron levels had gone up to a 9.5. So Im only missing a little less than a quarter of my blood cells now.Moral: never underestimate the power of chili.

Ill have to keep this up. If I dont, my levels willdrop again. So hello, life of supplements and chili. Youll be with me forever. But at least I wont sleep for four hours every day, and I look a little less vampire and a little more standard goth.

And at least I really, really like that chili.

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Avalon GloboCare, UPMC Hillman and University of Pittsburgh to develop new cancer immunotherapy – Proactive Investors USA & Canada

Posted: August 5, 2021 at 1:51 am

Avalon GloboCare FLASH-CAR technology, will be used as an innovative messenger ribonucleic acid based technology platform that will allow researchers to create CAR cellular therapies faster than before

The collaboration will develop new cancer immunotherapy approaches and streamline manufacturing processes to bring powerful treatments to cancer patients within days instead of weeks

(), UPMC Hillman Cancer Center, and the University of Pittsburgh said they have forged a collaboration to develop new cancer immunotherapy approaches and streamline manufacturing processes to bring powerful treatments to cancer patients within days instead of weeks.

Cancer immunotherapy, which stimulates and trains a patients own immune system to target and kill tumors while leaving healthy cells intact, is an effective treatment for many cancer patients. One of these therapies, cancer immunotherapy called CAR-T, short for chimeric antigen receptor therapy, alters a patients own T-cells to kill their cancer cells.

This approach has been successful for some patients with leukemias, lymphomas and more recently, multiple myeloma, but only a limited number of patients have been able to benefit from these therapies, noted the new partners in ajoint statement.

READ:Avalon GloboCare says its planned acquisition target SenlangBio starts first-in-human clinical trial for recurrent brain cancer

The collaboration, led by Yen-Michael S Hsu, director of the Immunologic Monitoring and Cellular Products Laboratory (IMCPL) at UPMC Hillman, seeks to develop next-generation CAR-based cellular therapies to make them accessible to a wider range of cancer patients.

CAR T-cell therapies approved by the US Food and Drug Administration (FDA) are personalized therapies, made from the patients own cells. Current therapies use a DNA-based viral vector to engineer expression of the CAR against an antigen present on tumor cells. Patient cells are modified in the lab and infused back into the patient in a process that takes several weeks.

With Avalon GloboCare FLASH-CAR technology, we will use an innovative messenger ribonucleic acid (mRNA)-based technology platform that will allow researchers to create CAR cellular therapies faster than before in just one to two days, said Hsu.

We also believe this approach will reduce toxicity and overall cost associated with current CAR T-cell therapies, meaning more cancer patients could be eligible for this type of cellular therapy, he added.

The researchers are also using the technology to develop next-generation, personalized CAR T-cell therapies, including engineering cells that target more than one tumor antigen, enhancing their ability to target and kill cancer cells. Hillmans IMCPL and Avalon GloboCare are developing a treatment for patients with relapsed or refractory B-cell lymphoblastic leukemia and non-Hodgkin lymphoma.

Human clinical trials are poised to begin in mid-2022, the partners said.

Another goal, according to Hsu, is to make universal or off-the-shelf CAR-based cancer immunotherapies. Unlike personalized treatments, this universal cellular therapy will be derived from a healthy donor, manufactured in bulk and available to treat patients without delay.

A clinician could order this cellular immunotherapy in the same way as antibody or oral cancer treatment, reducing the time a patient has to wait for treatment, said Hu. Because this cellular therapy would be made in a large batch, the cost of manufacturing would be much lower, resulting in a lower cost of the final cellular therapy products for patients.

The researchers are also working to streamline and enhance the quality of CAR T-cell manufacturing with Avalons Point-of-Care modular Autonomous Processing System ((PMAPsys) onsite at UPMC Hillman, a National Cancer Institute (NCI) designated comprehensive cancer center.

Hillmans IMCPL supports investigator-initiated research and technical expertise in translating lab research into clinical biologic products.

Freehold, New Jersey-based Avalon GloboCare is a clinical stage developer of cell-based and exosome technologies and manages stem-cell banks and clinical labs.

Contact the author Uttara Choudhury at uttara@proactiveinvestors.com

Follow her on Twitter: @UttaraProactive

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WVU names 2021 class of Ruby Fellows | WVU Today | West Virginia University – WVU Today

Posted: August 5, 2021 at 1:50 am

Six students pursuing doctoral degrees atWest Virginia Universityare receiving funding through the Ruby Scholars Graduate Fellows Program. This years fellows are Kelsey Bentley, Julia Ivey, Anuj Kankani, Claire Kelly, Zoe Pagliaro and Matthew Waalkes.

Recipients must be pursuing a graduate degree in one of the following fields: energy and environmental sciences, biological, biotechnical and biomedical sciences, or biometrics, nanotechnology and material science, security, sensing, forensic sciences and related identification technologies. The fellowships financial support allows incoming doctoral-level scholars to commit themselves fully to expanding their study and use their research to benefit the people of WVU, the nation and the world.

We are proud to welcome another extraordinary group of scholars to WVU this year with the support of the Ruby Fellows program, said Maryanne Reed, Provost and Vice President for Academic Affairs. I continue to be impressed by these Fellows and their ability to think across disciplines, their drive to explore the unknown and their desire to create change in their communities and the world. Our Ruby scholars are the next must watch innovators at WVU.

Established in 2011 by the Hazel Ruby McQuain Charitable Trust, the Ruby Fellows program includes a $34,000 stipend, a $2,000 travel grant and a waiver of tuition for each fellow to continue their research at WVU.

Kelsey Bentley

Driven by a love for animals, Kelsey Bentley, of Micro, North Carolina, initially entered college with the intention of becoming a veterinarian. She changed course when her undergraduate mentor showed her an alternative career path that focuses on helping animals by educating livestock producers about the science behind their work. She earned her bachelors degree in animal science, with a concentration in veterinary bioscience, at North Carolina State University, and came to WVU for a doctorate in animal and food science.

During her graduate assistantship, Bentley conducted research in partnership with Virginia Tech to understand the genetic basis for enhancing animals health by requiring fewer treatments of antibodies in their feed. Now, Bentley hopes to aid producers in making better decisions to manage their flocks.

Bentleys decision to proceed with her doctorate was two-fold: She ultimately hopes to teach at the collegiate level, and she understands the immense impact of higher education as a first-generation college student.

My parents really pushed me, saved for me and put their everything into making sure that, if I wanted to go to college, I had the opportunity, and that was my driving factor, she said.

For Bentley, the Ruby Fellowship builds upon her parents commitment to her success.

It gives me the ability to focus 110% into my research, and sink my heart and soul into my thesis, Bentley said. The financial freedom this brings means so much to this small-town girl with a big dream.

After completing her doctorate, Bentley hopes to join the faculty at North Carolina State University and pursue a position as an extension agent.

Julia Ivey

A West Virginia native from Oak Hill, Julia Ivey attended Shepherd University, where she earned a bachelors degree in biochemistry. Specifically, Ivey is interested in neuroscience and chronic traumatic encephalopathy, a brain disease resulting from repeated concussions that can only be diagnosed postmortem.

Im interested in research on the brain, Ivey said. Theres so much we still do not know about it, and research allows me to learn more about it and solve problems. I want to make a difference in neurodegenerative diseases.

During her time at Shepherd University, Ivey participated in the West Virginia IDeA Network of Biomedical Research Excellence, a National Institutes of Health-funded summer research program led by WVU and Marshall University. In the laboratory of WVUs Paul Lockman, she conducted research focused on the efficacy of cannabidiol, alone and in combination with radiation, in treating breast cancer that metastasized to the brain.

Ivey was drawn to WVU because the University offers unique opportunities to participate in innovative research. One research study that fascinated her was a Rockefeller Neuroscience Institute project that uses focused ultrasound as a treatment for Alzheimers.

Additionally, being a Ruby scholar allows Ivey to focus on her research.

Im thankful for the scholarship because I can fully commit myself to my studies and research without having to worry about the financial stability, Ivey said. From my education so far, Ive realized you have to put in the work and people dont realize how difficult a STEM field can be, and theres always so much to learn.

Ivey wishes to continue conducting research to contribute to the discovery of new cures or treatment possibilities for neurodegenerative diseases after completing her doctorate in neuroscience.

Anuj Kankani

Anuj Kankani, of Katy, Texas, earned his undergraduate degree in physics at Texas A&M University. At WVU, Kankani plans on pursuing a doctorate in physics with a focus on astrophysics and studying extreme spacetimes, such as black holes and neutron stars.

The problems you work on are researching some of the biggest things in the universe some of the most complicated processes and you learn new tools, which to use and how to use them properly, Kankani said.

For the past two and a half years, Kankani has been a part of two different undergraduate research projects allowing him to combine his physics, computer science and astrophysics knowledge.

At WVU, Kankani will conduct research with Sean McWilliams, whose work with gravitational waves is the type of research Kankani wants to do in graduate school.

Kankani is excited for the opportunity to pursue this graduate program thanks to the Ruby Fellowship.

The fellowship will allow me to focus on learning more about astrophysics and my field, Kankani said. Also, I will be able to gain more skills both research and general, like collaborating with people and contributing to the field with my own research.

Additionally, Kankani hopes to finish his PhD and continue research in a professional setting.

Being a Ruby scholar means an opportunity to make the most out of my time at West Virginia University, he said. I like learning every year. You become better at learning and realize how much there is out there to learn, and how much you dont know.

Claire Kelly

Claire Kelly, a native of Morgantown, attended WVU for her undergraduate degree in immunology and medical microbiology. After her first biology class in high school, Kelly knew she wanted to pursue a doctorate in molecular biology.

Most people with a Ph.D. didnt know they wanted to pursue one, but Ive always been so curious about biology as a whole - specifically of how cells work and interact with each other, Kelly said.

As she progressed through her major, she realized her passion focused more on the immunology side and less on the microbiology side.

Especially with neuroimmunology, its a very niche field so my favorite part working in it is there are a lot of new things to learn, said Kelly. Every time I do an experiment and I get new data, thats a tiny piece of some puzzle that I get to contribute to.

Kellys focus in her graduate research is inflammation in immunological mechanisms in the brain and central nervous system and autoimmune diseases.

During her time at WVU, Kelly said one of the aspects she is most thankful for is the guidance and mentorship shes received from those around her.

I look at the older graduate students, and Im hoping Ill build to the point they are, Kelly said. Ive gotten where I am today from graduate students that helped me along my experience in the labs Ive worked in, and I want to be able to do that for others.

Kelly is pursuing a doctorate in the accelerated program for immunology in microbial pathogenesis and hopes to become principal investigator of her own research lab.

Zoe Pagliaro

Zoe Pagliaro graduated from Skidmore College in New York with a bachelors degree in environmental science. Originally from South Kingstown, Rhode Island, Pagliaro said she was drawn to WVU because of Edward Brzosteks lab focusing on sequestering biocarbon underground to make agricultural lands environmentally sustainable.

Before attending WVU, Pagliaro worked on a project focused on developing a rapid and efficient soil carbon assessment tool that provides accurate data to help farmers and land managers join carbon markets. She was among the first students to analyze soil samples to guide land management decisions on former Vice President Al Gores farm.

Additionally, Pagliaro co-authored a review paper on the biochemistry of the Amazon rainforest over the past 10 years. That data set was used, with Pagliaros participation, at a National Geographic Society convention in Brazil.

Pagliaros field research showed her the joy and impact of science.

Its an amazing feeling to be a small part of the puzzle to fix the bigger issue of climate change, she said.

Pagliaro was shocked when she received the news of becoming a Ruby scholar.

I thought it was a huge honor to receive, and a huge honor to even be nominated, Pagliaro said. It was really a proud moment to see that I can do great things and that this prestigious group believes in me.

Pagliaro aims to continue doing research to solve environmental issues related to climate change as she pursues her doctorate in biology.

I cant give enough thanks to those who made this possible for me, Pagliaro said. Ive felt so lucky to be as educated as I am, and education is empowering. This shows how much I can accomplish and achieve.

Matthew Waalkes

A native of Frederick, Maryland, who moved to Waynesboro, Virginia, in high school, Matthew Waalkes attended the Virginia Military Institute and received an undergraduate degree in biology. He became interested in biology because of his curiosity about the world.

You dont know what the answer is going to be, and your job is to explore this vast unknown, Waalkes said. Thats what particularly interested me in neuroscience no one knows a lot about it.

Waalkes has many years of lab experience, as he initiated an undergraduate research project examining the cross-sectional anatomy of soybean stems and branches that was published. Also, Waalkes conducted a study using zebrafish to assess the developmental and neurodevelopmental impact of potential toxins and pesticides with the U.S. Environmental Protection Agency to inform safety guidelines for chemicals.

Waalkes is now focused on the interaction between chemicals and the nervous system to treat disorders of the central nervous system. When he found out he was accepted into the Ruby Fellowship program, he was ecstatic.

Being a Ruby Fellow means its a challenge its a recognition and youve come this far, we recognize this, and we want you to meet these standards, Waalkes said. And I accept the challenge and hopefully exceed these standards.

After completing his doctorate in biology, he hopes to continue his research while teaching others as a middle school science teacher.

Learning new things always makes education exciting, and teaching the next generation is something that Ive always enjoyed and wanted to pursue, Waalkes said.

The charitable trust was established by Hazel Ruby McQuain, wife of the late J. W. Ruby. Before passing at 93 in 2002, she was involved in philanthropic giving to support WVU and local organizations for more than 20 years. One of her many gifts includes an $8 million gift toward the construction ofJ.W. Ruby Memorial Hospital, named after her husband.

-WVU-

jr/08/03/21

CONTACT: Cassie RiceCommunications SpecialistWVU Foundation304.554.0217; crice@wvuf.org

Call 1.855.WVU.NEWS for the latest West Virginia University news and information from WVUToday.

Follow @WVUToday on Twitter.

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IU School of Medicine researchers discover new potential for functional recovery after spinal cord injury – Spinal News International

Posted: July 21, 2021 at 2:47 am

Wei Wu and Xiao-Ming Xu (Credit: IU School of Medicine)

Researchers at Indiana University School of Medicine (Indianapolis, USA) have announced the successful reprogramming of a glial cell type in the central nervous system into new neurons in order to promote recovery after spinal cord injuryrevealing an untapped potential to leverage the cell for regenerative medicine.

This is the first time that scientists have reported modifying a NG2 gliaa type of supporting cell in the central nervous systeminto functional neurons after spinal cord injury, saidWei Wu, research associate in neurological surgery at IU School of Medicine and co-first author of the paper, which was published in the Cell Stem Cell journal.

Wu andXiao-Ming Xu, the Mari Hulman George professor of Neuroscience Research at IU School of Medicine, worked on the study with a team of scientists from the University of Texas Southwestern Medical Center.

Spinal cord injuries affect hundreds of thousands of people in the United States, with thousands more diagnosed each year. Neurons in the spinal cord dont regenerate after injury, which typically causes a person to experience permanent physical and neurological ailments.

Unfortunately, effective treatments for significant recovery remain to be developed, Xu said. We hope that this new discovery will be translated to a clinically relevant repair strategy that benefits those who suffer from a spinal cord injury.

When the spinal cord is injured, glial cells, of which there are three typesastrocyte, ependymal and NG2respond to form glial scar tissue.

Wu added: Only NG2 glial cells were found to exhibit neurogenic potential in the spinal cord following injury in adult mice, but they failed to generate mature neurons. Interestingly, by elevating the critical transcription factor SOX2, the glia-to-neuron conversion is successfully achieved and accompanied with a reduced glial scar formation and increased functional recovery following spinal cord injury.

The researchers reprogrammed the NG2 cells from the mouse model using elevated levels of SOX2a transcription factor found inside the cell thats essential for neurogenesisto neurons. This conversion has two purposes, Xu said: to generate neurons to replace those lost due to a spinal cord injury and reduce the size of the glial scars in the lesion area of the damaged tissue.

This discovery, serves as an important target in the future for potential therapeutic treatments of spinal cord injury, adds Wu, who goes on to note that such a collaboration will be continued between the two laboratories to address neuronal remodelling and functional recovery after successful conversion of glial cells into functional neurons in future.

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Dr. Sperling on Future Research With CAR T-Cell Therapy in Multiple Myeloma – OncLive

Posted: July 21, 2021 at 2:45 am

Adam Sperling, MD, PhD, discusses future research with CAR T-cell therapy in multiple myeloma.

Adam Sperling, MD, PhD, a physician at the Dana-Farber Cancer Institute, and an instructor in medicine at Harvard Medical School, discusses future research with CAR T-cell therapy in multiple myeloma.

Randomized phase 3 studies of idecabtagene vicleucel (ide-cel; Abecma) and ciltacabtagene autoleucel (cilta-cel) compared with standard-of-care therapies in relapsed/refractory multiple myeloma are ongoing, says Sperling. Although no data are yet available, it is likely that CAR T-cell therapies will outperform standard therapies in this setting, Sperling adds.

Additionally, CAR T-cell therapy is being evaluated in earlier lines of treatment for patients with multiple myeloma, Sperling says. The products may have utility in high-risk patients who progress following first-line treatment, or as an option after or instead of stem cell transplant, Sperling says. Combination strategies with CAR T-cell therapy are also emerging to determine whether patients can achieve deeper and more durable responses, Sperling explains.

Finally, ongoing research efforts are focused on understanding and overcoming mechanisms of resistance to CAR T-cell therapy, Sperling says. Dual-targeting CAR T-cell therapies or combination approaches with CAR T-cell therapy and agents, such as gamma secretase inhibitors, may be useful in combatting resistance to CAR T-cell therapy in multiple myeloma, concludes Sperling.

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Stemson Therapeutics Secures $15M Series A Funding to Cure Hair Loss – Business Wire

Posted: July 21, 2021 at 2:45 am

SAN DIEGO--(BUSINESS WIRE)--Stemson Therapeutics announced today the closing of a DCVC Bio-led $15 million Series A financing to advance development of Stemsons proprietary therapeutic solution to cure hair loss. Genoa Ventures, AbbVie Ventures and other investors join in supporting Stemsons efforts to restore human hair growth with a novel cell regeneration technology using the patients own cells to generate new hair follicles.

In addition, Kiersten Stead, Ph.D., Co-Managing Partner at DCVC Bio and Jenny Rooke, Ph.D., Managing Director at Genoa Ventures will join Stemsons Executive Chairman Matt Posard and Chief Executive Officer and co-founder Geoff Hamilton on the board of directors. Dr. Stead invests in early-stage companies that build novel deep tech businesses in the life sciences. Stead received a Ph.D. in Molecular Biology & Genetics and an MBA in finance from the University of Alberta. Dr. Rooke is founder and Managing Director at Genoa Ventures where she specializes in early-stage companies innovating at the convergence of technology and biology. Rooke received a Ph.D. in Genetics from Yale University and a degree in physics from the Georgia Institute of Technology.

We are excited and honored to welcome DCVC Bio and a fantastic syndicate of investors to the Stemson team. The Series A funding will help us optimize our solution for human skin structure and environment so we can go into our first human clinical trial with high confidence for a positive outcome. We have the technical and biological building blocks to successfully address hair loss that overcomes failures of past therapies, said Hamilton. The addition of key venture capital investors DCVC Bio, Genoa Ventures and AbbVie Ventures broadens and strengthens our investor base. DCVC Bio and Genoa Ventures are successful early-stage development investors, and I am pleased to welcome Dr. Stead and Dr. Rooke, our newest board members, to the team. In addition, the AbbVie Venture investment comes on the heels of an initial seed investment from Allergan Aesthetics in 2020, and the continued industry interest in our technology is encouraging.

Globally, hundreds of millions of men and women suffer from various forms of hair loss. Though there are many possible causes of hair loss, including chemotherapy, autoimmune disease, scarring, and genetics, all can result in a loss of self-esteem and cause depression, anxiety and other mental health disruption for those affected. The hair restoration market is expected to exceed $13.6 billion by 2028, and no solution today is capable of generating an unlimited new supply of healthy follicles for patients in need.

Almost 30 years have passed since the last FDA-approved hair loss treatment, yet millions still suffer the physical and mental impact of losing their hair each year, stated Dr. Stead. Stemsons novel stem cell engineering platform has the potential to cure hair loss once and for all, treating not only the physical symptoms of this complex problem, but the mental burden as well.

"The team at Genoa is impressed with Stemsons vision to blend biology and technology and apply it beyond traditional biotech," added Dr. Rooke. "By combining exciting advancements in iPSCs with novel technologies in materials and data sciences, Stemson exemplifies the kind of chimeric teams Genoa seeks to support on their journey to become a category-defining company."

The Series A financing brings the total funding raised to date to $22.5 million and allows Stemson to further the next stage of research and development of its cell engineering platform, where is it being combined with bioengineered material and robotic delivery as a novel solution for natural hair replacement. Currently, Stemsons research and development efforts are focused on developing an optimized solution for human skin structure environment in larger animal models. Stemsons Induced Pluripotent Stem Cell (iPSC) based technology is capable of producing the cell types required to initiate hair follicle growth and have been successfully tested in small animal models.

About Cell Regeneration Technology

Human Induced Pluripotent Stem Cells (iPSC) have the unique capability to replicate indefinitely and give rise to all cell types of the human body, including the cell types required for repair. iPSC-based technology is capable of producing the cell types required to initiate hair follicle growth. As a new therapeutic platform, iPSCs represent an emerging area of regenerative cell therapy. Stemson is one of a growing number of companies at the forefront in developing iPSC-based treatments.

About DCVC Bio

For over twenty years, DCVC and its principals have backed brilliant entrepreneurs applying Deep Tech, from the earliest stage and beyond, to pragmatically and cost-effectively tackle previously unsolvable problems in nearly every industry. DCVC Bio specializes in supporting life sciences platform companies at the intersections of engineering and therapeutics, industrial biotechnology and agriculture. For more information, please visit https://www.dcvc.com/companies.html#dcvc-bio

About Genoa Ventures

Genoa Ventures invests in early-stage companies working at the convergence of biology & technology to accelerate the pace of innovation, transform industries, and solve some of the most fundamental challenges to life. Genoa, identifies opportunities early and focuses its investments and expertise to empower the next great category-defining companies. The Genoa team has a unique chimeric blend of experience from scientific research and discovery to executive management in the life sciences and technologies sectors. The team applies this diverse experience to provide expert guidance to its companies and stellar returns to its investors.

About AbbVie Ventures

AbbVie Ventures is the corporate venture capital group of AbbVie. We are a strategic investor, investing exclusively in novel, potentially transformational science aligned with AbbVie's core R&D interests. We measure success primarily by the extent to which our investments foster innovation with potential to transform the lives of patients that AbbVie serves. AbbVie Ventures enables its portfolio companies with both funding as well as access to AbbVie's internal network of experts across all phases of drug development, from drug discovery through commercialization. For more information, please visit http://www.abbvie.com/ventures

About Stemson Therapeutics

Stemson Therapeutics is a pre-clinical stage cell therapy company founded in 2018 with a mission to cure hair loss by leveraging the regenerative power of Induced Pluripotent Stem Cells. Based on the breakthrough innovation by Stemson Therapeutics co-founder, Dr. Alexey Terskikh, Stemson uses iPSC to regenerate the critical cells required to grow hair and which are damaged or depleted in patients suffering from hair loss. The iPSC-derived cells are used to grow de novo hair follicles, offering a new supply of hair to treat people suffering from various forms of Alopecia. Today, there are no available treatments capable of growing new hair follicles. Stemsons world class team of scientists, advisors and collaborators are passionate about delivering a scientifically based, clinically tested cure for hair loss to the millions of hair loss sufferers who seek help for their hair loss condition. Stemson Therapeutics is headquartered in San Diego, CA. For more information, please visit http://www.stemson.com.

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New CEO, check. $172M round, check. Wugen’s off-the-shelf cell therapies are ready for takeoff – FierceBiotech

Posted: July 21, 2021 at 2:45 am

When Dan Kemp was plottinghis next move after Takeda, he was blown away by data from Wugen, a biotech working on off-the-shelf natural killer (NK) cell therapies. Now, after four months in the CEO seat, hes ready to take those treatments to the next level with a $172 million financing.

The proceeds will bankroll the development of the companys memory NK cell platform and advance its lead program, WU-NK-101, through a phase 1/2 trial in acute myeloid leukemia (AML) and into new studies in solid tumors. The funding will also support Wugens broader pipeline, including an allogeneic CAR-T treatment for T-cell leukemia and lymphoma.

Wugen is one of several biotechs pursuing NK cell therapies to go where CAR-T treatments cannot. Despite its success in blood cancers, CAR-T has faced challenges in solid tumors. And all four of the FDA-approved CAR-T treatments are autologous, meaning theyre made from a patients own cells, which stops them from being widely available.

RELATED: Catamaran Bio sets sail with $42M to create off-the-shelf CAR-NK treatments

The biggest differentiator [of NK cell treatments] from CAR-T is the fact that there is this continual concern around safety. Cytokine release syndrome or neurotoxicity appear to be unavoidable consequences of CAR-T cell therapy, Kemp said, referring to side effects of CAR-T that happen when the treatment activates the immune system too strongly.

T-cell therapy developers have learned to expect these effects and try to manage them rather than avoid them. But NK cell treatments may become a safer alternative.

On the NK side of things, weve seen no toxicity at all; its a pristine safety profile, Kemp said. Thats consistent with other NK cell products that are in the clinic as well.

And thats not allWugen reckons its approach could have an advantage over other NK cell treatments. Its platform generates memory NK cells, which are better at killing cancer cells and last longer in the body than conventional NK cells.

RELATED: Sanofi inks $358M Kiadis takeover to acquire NK-cell platform

Conventional NK cells, like those derived from stem cells, cord blood or peripheral blood, must be engineered to provide sufficient potency to drive any clinical efficacy, Kemp said. Memory NK cells and WU-NK-101 have shown significant efficacy in AML without any engineering at all.

We essentially prime the cells into a superpotent phenotype and expand them so we can actually leverage the innate ability of NK cells themselves to have true clinical potency, he added.

That said, the company plans to combine its NK cell treatments with other cancer-fighting drugs and make engineered NK cell products that could work even better, Kemp said.

Moving forward, Wugen will start a global, multicenter study for WU-NK-101 and file an IND for its CAR-T program in T-cell leukemia and lymphoma later this year, Kemp said. Trials of WU-NK-101 in solid tumors will follow in 2022. As it ramps up its pipeline, the company will aggressively build its team. It currently has 40 staffers across sites in St. Louis and San Diego.

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