Monthly Archives - June 2022

Biolexis and Akston Biosciences Announce Encouraging Top-Line Results from Phase II/III Trial of their Thermostable 2nd Gen COVID-19 Vaccine

Akston Biosciences Corporation and Biolexis, a Strides Group Company, today announced results from a Phase II/III clinical trial in India of the SARS-CoV-2 vaccine, AKS-452, in which 1,600 healthy volunteers participated – 100 in an open-label bridging study and 1,500 in Phase II/III, double-blind, placebo-controlled trial. An interim analysis of this data shows no significant safety issues and a 91% seroconversion rate at Day 56. Volunteers in the bridging study had antibody titers that persisted at statistically-significant high levels […] Acquires College Finance Company to Expand Beyond Student Debt, Rebrands to Candidly, the market’s most comprehensive student debt management platform, today announced the acquisition of College Finance Company, the leading multi-lender marketplace for education financing. The company also announced a complete rebrand of its corporate identity, including a new logo, updated visual brand elements, and a new company name: Candidly. Read more >>

Astrocyte Announces Initiation of First-In-Human Phase 1 Study of the Promising Stroke and Traumatic Brain Injury Therapeutic, AST-004

Astrocyte Pharmaceuticals Inc., a drug discovery and development company advancing novel cerebroprotective therapeutics for patients with brain injuries, announced that the Company’s first-in-human Phase 1 clinical study initiated today with the dosing of a first subject with AST-004. The promising investigational therapeutic, AST-004, is being advanced as a potential acute treatment for stroke and traumatic brain injury (TBI) victims, and as a chronic treatment for neurodegenerative diseases like Alzheimer’s. AST-004 has demonstrated a broad range of cerebroprotective efficacy when […]

Wasabi Technologies Doubles Down on APAC Expansion with Singapore Storage Region

Wasabi Technologies, the hot cloud storage company, reaffirmed its commitment to the Asia-Pacific market with the opening of a new storage region located in Singapore. This marks Wasabi’s 13th storage region globally and its fourth in APAC, following Tokyo, Osaka, and most recently Sydney, as the company scales to meet the demand for high-performance, affordable cloud storage, and to be in closer proximity to its expansive customer and partner network. Read more >>

Zylö Therapeutics Closes $5.225 Million Series B Financing

Zylö Therapeutics Inc., dedicated to developing a transformational drug-delivery platform, announced that it has raised $5.225 million in its Series B financing. The Series B round was led by a consortium of seasoned investors, spearheaded by James Cordes, who recently joined the Zylö board of directors. Other key participants were: (i) VentureSouth (which led the Series A round) which invested more than $1.3 million in the Series B round; (ii) the New York Angels, an angel group that has […]

Bureau Veritas and Aras Deploy Digital Twin Pilots

Aras, which provides the most powerful low-code platform with applications to design, build, and operate complex products, and Bureau Veritas, one of the world’s leading ship classification societies and offshore safety and verification bodies, announced they are deploying digital twin pilots across different markets to provide accurate and detailed information real time and further advance classification processes. Read more >>