🔬Messaginglab and Degron Therapeutics Partnered on a $1.2B Collaboration Announcement - With Big Results 🧬 We're thrilled to have collaborated with Degron Therapeutics - an emerging leader in the discovery of small molecule, molecular glue degrader drugs - on their recent press release announcing their $1.2B collaboration with Takeda. Molecular glue degraders are small molecule drugs that act as adhesives by bringing a disease target protein to another protein called E3 ligase, which is a component of a protein degradation machinery. As a result, the disease target protein is “tagged” as trash and degraded in the cell. This approach has the potential to target previously undruggable proteins, opening new avenues for treating challenging diseases in cancer, inflammation, neurodegenerative and other disorders. Messaginglab's Impact: 💡Translating Difficult Science: We simplified the complexity of molecular glues to help Degron reach a broader audience. Our approach resonated widely for investors, partners, and the public. 💡Amplifying Media Presence: Through targeted outreach, we secured coverage in 20 top life science and pharma publications, including Biocentury, BioWorld, Chemical & Engineering News, and Fierce Biotech. This expanded visibility positioned Degron as a key player in biotech. 💡Crafting a Compelling Corporate Narrative: Beyond the $1.2B deal, we highlighted Degron's mission to revolutionize drug discovery. We created an emotional connection by focusing on the impact on patients' lives, elevating Degron's story above financial metrics. 💡Showcasing Thought Leadership: We positioned Degron's co-founder and CEO, Lily Zou, as a visionary leader. Her quotes and media accessibility added a human touch to the company's technological breakthroughs, building trust and credibility. 💡Driving Meaningful Engagement: Our success went beyond metrics. We focused on generating high-quality media coverage that sparked conversations among key stakeholders in the biotech community. The Power of Partnership: We're proud to have been a part of this groundbreaking work. Our collaboration with Degron Therapeutics showcases Messaginglab's ability to elevate complex science through strategic communication. #MediaRelations #BiopharmaNews
Karl Schmieder, MS MFA’s Post
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How hot is biotech right now? Look at these Massachusetts launches and raises in just the last few days: Passkey Therapeutics (Cambridge, MA) emerges from stealth with $20 million to develop an approach toward single drugs for multiple proteins. (Rowan Walrath in C&EN: https://lnkd.in/eeXn9r9K) Treeline Biosciences, with offices in Watertown, discloses another $421.8 million. (Hannah Green in Boston Business Journal: https://lnkd.in/eecnb_ZK) AvenCell Therapeutics (Watertown, MA) has secured $112 million in series B funds as it seeks clinical proof that it can generate CAR-T cells that can be turned “on” once inside a patient. (James Waldron in Fierce Biotech: https://lnkd.in/edW2wxtw) 🔥 According to Endpoints News, there have been 80 nine-figure private financings this year in the biotech industry nationally.
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Biotech funding is the financial backing of biotechnology research and development, usually through private investors or venture capital firms. Some notable biotech funding deals in recent months include ¹: - Recent biotech pre-seed funding: - NXI Therapeutics (Switzerland): $3.96 million, for immunotherapies - Recent biotech seed funding: - Advesya (France): $23 million, for cancer therapies - Cumulus Oncology (United Kingdom): $11.45 million, for cancer drug discovery - DISCO Pharmaceuticals (Germany): $21.75 million, for drug discovery - Recent biotech series A funding: - Claris Bio (United States): $57 million, for corneal therapies - Resalis Therapeutics (Italy): $10.95 million, for non-coded RNA-based therapeutics - OnCusp Therapeutics (United States): $100 million, for oncology assets - Recent biotech series B funding: - Vico Therapeutics (Netherlands): $60 million, for RNA modulation - Full-Life Technologies (China, Belgium): $47.3 million, for radionuclide drug conjugates - Avistone Biotechnology (China): $140 million, for targeted cancer drugs #biotech #funding #venturecapital #investing #biotechnology #lifesciences #healthcare #innovation #startups #biotechnews #pharmaceuticals #medtech #biotechindustry #investmentnews #fundingnews #biotechcompanies #biotechinvesting
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Thoughts on this? >> Top 20 biotech startups raise $2.9B in Q1 2024 funding surge - Drug Discovery & Development >> Comment below! >>> lqventures.com #strategy #competitiveintelligence #marketing #biotech #pharmaceutical #pharma #competitivemarketing #healthcare
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BioPharma & HealthTech Competitive Strategy & Insights | Digital & AI Solutions | Gene & Cell Therapy | Vaccines
Thoughts on this? >> Top 20 biotech startups raise $2.9B in Q1 2024 funding surge - Drug Discovery & Development >> Comment below! >>> lqventures.com #strategy #competitiveintelligence #marketing #pharma #competitivemarketing #healthcare #biotech #pharmaceutical
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🌟 Exciting Collaboration Alert! 🌟 We are thrilled to share that Novartis is partnering with Generate:Biomedicines to harness the power of generative AI in the development of innovative protein therapeutics. This multi-target collaboration aims to leverage the unique capabilities of both companies, combining Novartis' expertise in target biology and clinical development with Generate's cutting-edge GenAI platform. With an upfront investment of $65 million and potential milestone payments exceeding $1 billion, this partnership underscores our commitment to advancing drug discovery. As Novartis biomedical research president Fiona Marshall stated, this collaboration will accelerate the development of next-generation biologics that can transform patient care. Generate:Biomedicines CEO Mike Nally highlighted the potential of this partnership to tackle unmet medical needs through advanced programmable biology. Together, we are poised to address challenges that have historically been out of reach. Stay tuned for updates on this exciting journey toward groundbreaking therapeutics! #Pharmaceuticals #AI #DrugDiscovery #Novartis #GenerateBiomedicines
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Significant developments are unfolding in the biotech sector, according to recent industry news.. 📈 Eisai and Biogen anticipate Leqembi sales to soar to $12.9B by 2028. 🌐 Novartis and Spark Therapeutics are undergoing strategic restructurings, affecting numerous positions. 💡Ipsen has secured a pivotal licensing deal with Foreseen Biotechnology to enhance its ADC capabilities. How will these changes shape the future of our industry? Stay informed and engaged by reading more here: https://lnkd.in/dGj9NsCZ #Biotech #Pharma #Innovation #IndustryNews
Leqembi sales inch higher; Spark’s pivot leads to layoffs
biopharmadive.com
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A Recruiter Uniting Exceptional Talent with Extraordinary Opportunities across STEM | Managing Director of Capaldi Nicholls
💲 💵 Friday Funding 💵 💲 This week we are in the USA. Here the AI drug discovery company Xaira Therapeutics, has launched with over $1 billion in funding. San Francisco based Xaira are building a platform for drug discovery and development that will advance multiple drug programs and unlock biological understanding to inform future discovery. So my question today to my network is: How do you think the integration of AI Technology into drug discovery platforms will impact the future of pharmaceutical R&D? Let me know your answers in the comments below. #Biotech #Funding
Ex-Standford president’s Xaira Therapeutics secures $1B for AI drug discovery — TFN
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Stories making headlines today in the biopharma industry: Ironwood Pharmaceuticals' stock has taken a major hit with a 40% drop owing to ambiguous outcomes of the Phase III STARS clinical trial of Apraglutide, their short bowel syndrome drug. The drug met its primary endpoint but fell short of significantly impacting secondary outcomes. In another update, Orbis Medicines, a start-up dedicated to creating peptide drugs thanks to macrocycles, has been successful in accruing €26 million in seed funding. Prominent European VC funds Forbion and Novo Holdings provided this initial financial push. Macrocycles are gaining investor attention thanks to improvements in peptide design methods. San Diego-based biotech venture, BlossomHill Therapeutics, has also been fortunate in the fund-raising realm, amassing an incredible $100 million in Series B investment. This huge financial incentive will enable the integration of three oncology small molecules into clinical trials and facilitate swift gathering of preliminary efficiency data by H2 2025. The venture was initiated in 2020 by ex-Turning Point Therapeutics co-founders J. Jean Cui and Y. Peter Li. The philanthropic venture, Chan Zuckerberg Initiative (CZI), has revealed that it's funding four basic biology research networks. These multi-year grant packages, averaging $14 million over three years, will directly benefit universities in their quest to examine RNA and protein networks in cells, bypassing traditional government finance channels that often sideline unpredictable research initiatives. Lastly, Kenai Therapeutics has procured $82 million in financial backing for their dedicated Parkinson's disease research. The fund will escalate efforts to unveil the cure for this critical disease and save many lives in the near future. #pharma #biotech #topstories #biodatastudio
"Biotech Breakthroughs and Funding Frenzy: Ironwood, Orbis, BlossomHill, and CZI Make Headlines Today"
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Huge congratulations to three Unity Campus member companies - Maxion Therapeutics, PhoreMost Ltd and Domainex - all shortlisted for the Business Weekly newspaper Awards 2024! If you're interested to see which other companies have made the shortlist, click here: https://ow.ly/AGVp50SF0Q2 and find out more about the shortlisted Unity Campus trio below. 𝘿𝙤𝙢𝙖𝙞𝙣𝙚𝙭 A King’s Awards winner and our 2023 Life Science Scale-Up champion, Domainex is a leading integrated drug discovery company and research partner with a particular focus on small molecule research. Working in partnership worldwide across numerous life science sectors, the multi-award-winning company launched in 2001 to provide innovative tailored drug discovery services. https://ow.ly/pJ4r50SF0PZ 𝙋𝙝𝙤𝙧𝙚𝙈𝙤𝙨𝙩 PhoreMost’s mission is to accelerate, diversify, and rationalise drug discovery by using a systematic approach to identify new drug targets and, crucially, how to drug them. Using its SITESEEKER platform, PhoreMost is addressing challenges in targeted protein degradation by identifying novel E3 ligases with optimised properties for degrader therapeutic development. https://ow.ly/n9Xw50SF0Q0 𝙈𝙖𝙭𝙞𝙤𝙣 𝙏𝙝𝙚𝙧𝙖𝙥𝙚𝙪𝙩𝙞𝙘𝙨 Biotech start-up Maxion is revolutionising biologic medicines by targeting ion channels, critical in treating diseases like autoimmune conditions and chronic pain, which affect millions globally. Maxion’s innovative platform, combines knottins (mini-proteins), with antibody scaffold to unlock the potential for antibody discovery against ion channels and GPCRs. https://ow.ly/6clh50SF0Q1 📷𝘊𝘳𝘦𝘥𝘪𝘵 – 𝘗𝘩𝘪𝘭 𝘔𝘺𝘯𝘰𝘵𝘵
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On February 5th, Dr. Cyril Sarrauste de Menthiere , one of our esteemed scientific advisors and patient partners, had the honor of being invited to a roundtable organized by the Paris Saclay Cancer Cluster : Why and How Work with Patients from the Earliest Stages of an Innovative Project? He eloquently emphasized the importance for startups and pharmaceutical companies to collaborate with patient partners, using the concrete example of ReACT Therapeutics. From its inception, the co-founders of ReACT Therapeutics, Emile Roussel, PhD, Lise Clément-Demange & Renaud VAILLANT, made the bold choice to integrate a patient partner into their scientific committee. But why? #1 Developing a drug candidate for patients cannot be done without patients. #2 The patient partner brings a wealth of information, firsthand experiences, and crucial insights to the startup. #3 They participate in general meetings and can be called upon to address specific needs. #4 The patient partner plays a key role in recruiting patients for clinical trials. #5 They contribute to promoting the startup, its team, and its solution within their network. #PatientPartnership #HealthcareInnovation #PatientEngagement #Startups #Pharmaceuticals #CancerResearch #PatientExperience #HealthcareCollaboration #ScientificAdvisors #MedicalInnovation #ResearchPartnership #PatientAdvocacy #HealthcareNetworking #DrugDevelopment #HealthcareInsights
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We Help YOU Retire with Confidence! | Executive Director, Branch Manager at Huffman Mayer Wealth Management Group of Wells Fargo Advisors
3mocongratulations! Seems like a great move