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Finance

Finance

32 Biosciences Emerges from Stealth Mode with New Approach to Gut Microbiome Medicine

September 13, 2024 Microbiome Times

32 Biosciences, pronounced “Three Squared Biosciences,” announces its emergence from stealth mode, with new microbiome diagnostic management tools and microbiome-based interventions. The company intends to revolutionize healthcare with its novel approach to gut microbiome medicine. […]

Finance

Viome Raises $25M To Launch Diagnostic Division

September 11, 2024 Microbiome Times

Viome, a pioneer in microbiome health science and personalized health solutions, today announced a $25 million internal Series D with participation from Khosla Ventures, Bold Capital WRG Ventures, Marc Benioff, and more. This continued support from existing backers […]

Finance

Lallemand inaugurates new research and development laboratories

September 5, 2024 Microbiome Times

Lallemand announces the inauguration of its new laboratories in France, increasing its capacity by over 800 square meters. This significant expansion enhances its interdisciplinary research and development capabilities at the Blagnac and Beauzelle sites. The […]

Finance

IBT’s phase III study shows a significant reduction in the secondary endpoint, all-cause mortality

September 4, 2024 Microbiome Times

Infant Bacterial Therapeutics has conducted a phase III study comprising 2153 premature infants for five years. The objective of the study has been to show that the company’s drug candidate IBP-9414, a bacterial strain found […]

Finance

ZBiotics Raises $12M Series A to bring genetically engineered probiotic products to market

September 2, 2024 Microbiome Times

ZBiotics, the pioneers carving a new category of genetically engineered probiotics, today announced the close of its $12M Series A funding round, led by Spring Tide Capital. The oversubscribed round also includes participation by Access Capital, Seamless Capital, Goat […]

Finance

Transferring an LBP program from one CDMO to another

July 31, 2024 Claire Derlot

Choosing the right CDMO partner is one of the hardest steps a CEO must undertake when embarking on their drug development journey. The CEO must consider the quality, experience, and cost of a prospective partner, […]

Finance

Ancilia Biosciences Announces Closing of $4.2 Million Financing

July 18, 2024 Microbiome Times

Ancilia Biosciences, Inc., (Ancilia Bio), a biotechnology company harnessing the natural power of CRISPR to create bacterial therapies and products with immunity against destructive viruses, today announced the closing of a $4.2 million financing. The […]

Finance

SNIPR Biome receives funding for the development of CRISPR-medicines to improve EED in pregnant women

July 1, 2024 Microbiome Times

SNIPR BIOME receives funding from the Bill & Melinda Gates Foundation to accelerate the development of SNIPR Biome’s microbial gene therapy platform to improve Environmental Enteric Dysfunction (EED) in pregnant women from low- and middle-income […]

Finance

Seres Therapeutics Enters Into Memorandum Of Understanding For Vowst™ Asset Sale To Nestlé Health Science

June 6, 2024 Nick Gallo

Seres Therapeutics, Inc. (Nasdaq: MCRB), a leading microbiome therapeutics company, today announced that it has entered into a non-binding memorandum of understanding with Nestlé Health Science for the sale of Seres’ VOWST assets that will provide […]

Finance

Lallemand Health Solutions: Pioneering Microbiome Innovations with Expert’Biome™ CDMO

June 4, 2024 Microbiome Times

As the self-care movement drives consumers toward proactive health choices, the hunt for holistic well-being will stimulate innovations in the microbiome space. Scientific communities and consumers alike recognize the gut microbiome as an organ with […]

Finance

Novo Nordisk Foundation, Wellcome, and the Gates Foundation Join Forces to Accelerate Global Health Equity and Impact

May 8, 2024 Nick Gallo

The Novo Nordisk Foundation, Wellcome, and the Bill & Melinda Gates Foundation announced a new partnership to support critical scientific research and development (R&D) for global health. The partnership is focused on supporting science and […]

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