ImmunoNewco: The background story emerges
Just over six weeks ago, we broke the news that 5AM Ventures had plunked $3.3 million into a stealthy biotech it was calling ImmunoNewco, and a few weeks later speculated further that the startup might be engaged in a pharmacogenomic “rescue” of immune-modulating drugs acquired… Continue Reading
Decloaking 5AM’s stealthy ImmunoNewco — more details
(UPDATED: See below.)
A few weeks ago, we broke the news that 5AM Ventures is nurturing a stealthy startup called — for now — ImmunoNewco. The trail led back to the Danish biotech Borean Pharma, which is developing protein-based drugs against autoimmune conditions, and which may be… Continue Reading
NewLink Genetics raises $17M for cancer vaccine, drugs
NewLink Genetics, an Ames, Iowa, biotech working on cancer vaccines and drugs that modulate the immune system, has so far raised about $17 million in a third funding round. The company aims to raise another $8 million in the round for a total of $25… Continue Reading
5AM Ventures’ stealthy $3.3M, immune-related startup
(UPDATED: See below.)
5AM Ventures has invested $3.3 million in an immunology startup so far known only as ImmunoNewco. Andy Schwab, a co-founder of 5AM, confirmed the investment but declined to provide further details, saying only that “we’re still putting ImmunoNewco together.”
ImmunoNewco — a name that will… Continue Reading
Life sciences briefing: Thursday, Jan. 31, 2007
TODAY’S HEADLINES:
5AM Ventures puts $3.3M into stealthy ImmunoNewco (VBLS exclusive)
NewLink Genetics raises $17M for cancer vaccine, immune drugs (VBLS exclusive)
Biochip, stem-cell biotech Minerva Bio ousts CEO Jim Czirr and sues (release)
Sonexa Therapeutics takes $30M for Alzheimer’s treatment (release)
Tissue regenerator Healionics pulls in $1.7M (release)
EGeen, clinical… Continue Reading