Selected Start-Ups (07/2007)
Executive Summary
In Vivo briefly summarizes the technologies of these recently founded companies: Angiologix, Arbovax, MicuRx Pharmaceuticals, OrphageniX, PregLem and Zora Biosciences.
Out of the Blocks Summarizing the technologies of recently founded companies
Angiologix Inc.
1793 San Ramon Avenue
Suite 100
Mountain View, CA 94043
Phone: (408) 761-0884
E-Mail: [email protected]
Web Site: www.angiologix.com
Angiologix Inc. aims to make endothelial function assessment a routine part of cardiovascular care. The company, which was founded by Alexandr Parfenov, MD, PhD, is developing noninvasive, point-of-care diagnostic and prognostic tools to identify patients at greater risk of heart attack due to endothelial dysfunction.
Arbovax Inc.
617 Hutton Street
Suite 101-103
Raleigh, NC 27606
Phone: (919) 523-5764
E-Mail: [email protected]
Web Site: www.arbovax.com
Arbovax Inc. aims to develop vaccines against Dengue fever and other mosquito-borne viruses. Its technology platform, developed at North Carolina State University, produces stable mutations that render viruses incapable of replicating in mammalian cells. Arbovax believes that patients injected with these modified viruses will develop immunity to wild viruses. Piedmont Angel Network led the company’s $750,000 angel round.
MicuRx Pharmaceuticals Inc.
29540 Kohoutek Way
Union City, CA 94587
Phone: (510) 324-8662
Fax: (510) 477-9045
E-Mail: [email protected]
Web Site: www.micurx.com
MicuRx Pharmaceuticals Inc. will modify validated antibiotics to broaden their treatment spectrum, overcome bacterial resistance, improve dosing regimens and reduce adverse effects. The company, which has R&D facilities in the Bay area and Shanghai, raised a $10 million Series A round from Morningside Ventures of China. Vicuron Pharmaceuticals’ scientific founder and SVP of research Zhengyu Yuan, PhD is MicuRx’s president and CEO.
OrphageniX Inc.
300 Water Street, Suite 204
Wilmington, DE 19801
Phone: (267) 334-5153
Fax: 302-483-4524
E-Mail: [email protected]
Web Site: www.orphagenix.com
OrphageniX Inc. will commercialize patented gene repair technology developed by its scientific founders, Eric Kmiec, PhD, and Hetal Parekh-Olmedo at the University of Delaware. The company will develop drugs for sickle cell anemia, spinal muscle atrophy, and other orphan diseases. Nearer-term revenues will come from outlicensing the gene editing technology—which uses the cell’s innate repair mechanisms to repair disease causing mutations--for diagnostics, research, and animal health markets. Michael Herr is OrphageniX’s president and CEO.
PregLem SA
Chemin des Aulx, 12
1228 Plan-les-Ouates
Geneva, Switzerland
Phone: +41 (0)22 884 03 40
Fax: +41 (0) 22 884 03 49
E-Mail: [email protected]
Web Site: www.preglem.com
Espoo, Finland Phone: +358 40704 2532 Fax: +358 20 722 7071 E-Mail: [email protected] Web Site: www.zora.fi A spin-off of from the Finland’s VTT Technical Research Centre’s quantitative biology and bioinformatics group, Zora Biosciences Oy will provide metabolomics services to biopharma and academic clients. It will also use an integrative biology platform developed at VTT to discover and validate biomarkers for prognostic and diagnostic purposes. Reini Hurme, PhD is Zora’s CEO. Zora Biosciences Oy