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Finance

Finance

Metagen Therapeutics Raises Over 8M $ in Initial Closing of Series A

April 12, 2023 Microbiome Times

Metagen Therapeutics (President and CEO: Taku Nakahara, PhD; Headquarters: Yamagata, Japan; hereinafter referred to as “MGTx”) has announced a JPY 1.1B investment in its Series A funding as of April, 2023. MGTx has been accelerating […]

Finance

Aurealis therapeutics raises $10 million in an oversubscribed series A financing

April 3, 2023 Microbiome Times

Aurealis Therapeutics, a synthetic biology company developing ground-breaking cell and gene therapies for high unmet medical needs, has raised over $10 million through a Series A financing round co-led by Lynx Financial and TESI (Finnish […]

Finance

Pragma Bio Secures $10M to Expand Its Proprietary Technology Platform To Discover Novel Medicines

March 24, 2023 Microbiome Times

Pragma Bio, the technology-enabled platform for drug discovery formerly known as VastBiome, announced it has raised an additional $10 million in equity to continue its development of proprietary methods in genomic sequencing, artificial intelligence and […]

Finance

Bacthera Acquires cGMP Manufacturing Site in León (ES) to Strengthen Clinical Supply Capacity

March 13, 2023 Microbiome Times

Basel, Switzerland, and Hørsholm, Denmark, March 13th 2023 – Bacthera, a specialized contract development and manufacturing organization (CDMO), announced today that it has acquired a cGMP manufacturing site in León (ES) from 4D Pharma. Acquiring […]

Finance

Biose Industrie announces the opening of new manufacturing development facility in Boston, MA

March 2, 2023 Microbiome Times

Biose Industrie, a contract development manufacturing organisation (CDMO) and a world-leader of live biotherapeutic product (LBP) process development and production, announced today their plan to open a laboratory in the heart of Boston, Massachusetts, later […]

Finance

Biose Industrie to receive €80M in investment to boost workforce and manufacturing capabilities

February 17, 2023 Microbiome Times

L-GAM and the French State through the “French Tech Souveraineté” scheme have signed a purchase agreement with the aim of acquiring joint control of Biose Industrie, a world leader in the development and production of […]

Finance

Prokarium Announces $30 Million Financing to Deliver Lead Program into Clinic and Build Novel Therapeutic Platform

February 10, 2023 Microbiome Times

Prokarium, a biopharmaceutical company leading the oncology field of microbial immunotherapy, has raised $30 million in new funding. This follows Prokarium’s announcement of partnering with Ginkgo Bioworks to leverage its world-class Foundry and extensive Codebase […]

Finance

ADM Opens More Than $30 Million State-of-the-Art Production Facility in Spain

February 8, 2023 Microbiome Times

ADM (NYSE: ADM), one of the world’s leaders in science-backed nutrition solutions, announced that it has opened a new production facility in Valencia, Spain to help meet rising global demand for probiotics, postbiotics and other […]

Finance

Finch Therapeutics Announces Decision to Discontinue Phase 3 Trial of CP101

January 24, 2023 Microbiome Times

Finch Therapeutics Group, Inc. (the “Company,” “Finch,” or “Finch Therapeutics”) (Nasdaq: FNCH) today announced its decision to discontinue the PRISM4 Phase 3 trial of CP101 in recurrent C. difficile infection (CDI) and focus on realizing the value […]

Editor's Choice

Microbiome Drug Development: 2022 in Review

December 30, 2022 Luis Gosálbez

Leveraging a year of important research updates, funding rounds, and academic papers, this report compiles the most significant industry news pertaining to microbiome drug development in 2022. It finds that the regulatory approval of three […]

Finance

Biomica Raises $20 Million to Advance its Pipeline of Microbiome-based Therapeutics

December 22, 2022 Microbiome Times

Biomica Ltd., a clinical-stage biopharmaceutical company developing innovative microbiome-based therapeutics and a subsidiary of Evogene Ltd. (Nasdaq: EVGN, TASE: EVGN), today announced the signing of a definitive agreement for a $20 million financing round, to […]

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