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Neion Bio Raises $23.

Recently funded · $23.0M Series aManufacturingUSView source

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Neion Bio, a company focused on reinventing biopharmaceutical manufacturing through genetic engineering and stem cell biology, has closed a $23.0M Series A funding round. Its platform aims to overhaul the production process for complex molecules, promising orders of magnitude superior cost, scalability, and resiliency compared to current methods.

The fresh capital will accelerate Neion Bio's mission to democratize medicine by making advanced biomanufacturing more accessible and efficient, moving beyond traditional constraints in drug production.

📢 Novartis announced that its Phase I/II FORTITUDE study for del-brax met primary endpoints in treating facioscapulohumeral muscular dystrophy. Data showed a reduction in key biomarkers, suggesting successful DUX4 suppression and lessened muscle damage.

The company will now consult global regulators as Phase III enrollment continues. 🔗 Read more https://lnkd.in/gXvWhTub 💡 Other Biopharma Highlights [Clinical Trials] • 06/11 Novartis antibody oligonucleotide conjugate meets primary biomarker endpoint in Phase I/II FSHD study ( ↑ NYSE: NVS | +3.92% ) ( ↑ SIX: NOVN | +2.1% ) • 06/11 Takeda's oral TYK2 inhibitor outperforms deucravacitinib in Pha

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