Great write-up in STAT by Brittany Trang covering how we're developing generative antibody design technologies to drug challenging multipass membrane protein targets. Excited to be working with partners like AstraZeneca, Takeda, and Bristol Myers Squibb to make progress on this important problem.
The last decade has seen a swell of biotech startups using AI to design proteins. Seven companies in the space are raising capital and striking deals that are quickly making these goals more mainstream. Here are some to keep an eye on ⬇️ 🧪 Xaira Therapeutics - The startup launched earlier this year with over $1 billion in funding, plus the backing of Bob Nelsen’s ARCH Venture Partners and Foresite Labs and other big-name investors. Co-founder and senior vice president Hetu Kamisetty told STAT that the company expects its first few candidates to be protein-based. 🧪 Nabla Bio - The company is focused on — but not limited to — difficult targets like multipass membrane proteins, which make up two-thirds of the proteins that appear on cells’ surface, but only 10% of drug development because they’re hard to work with. Nabla Bio is primarily a partnership company, co-founder Surge Biswas told STAT, and that’s borne out in its existing partnerships with AstraZeneca, Bristol Myers Squibb, and Takeda. 🧪 Absci - This biotech, founded in a “tiny basement lab” by Sean McClain in 2011, is an AI-powered drug discovery and development company focused on antibodies. Late last year, the company announced a $247 million deal to develop a single antibody candidate against an oncology target for AstraZeneca. See the full list here: https://trib.al/QalUwqq #biotech #biotechnology #startup #drugdevelopment #proteindesign #AI #artificialintelligence #biotechstartup