8 years ago
Oxford University Spinout SpyBiotech Secures £4 Million in Seed Funding
SpyBiotech, an Oxford University spinout developing a molecular superglue for rapid development of vaccines targeting a range of diseases, has secured £4 million in seed funding
The round was led by Oxford Sciences Innovation, the research commercialization company of Oxford University, with participation from GV
SpyBiotech plans to use the funds to develop the technology and get its first candidates ready for Phase I trials
The company initially focuses on virus-like particles (VLPs), a technology to induce immune responses by vaccination
SpyBiotech plans to target infectious diseases including major viral infections, with a view to developing SpyVLP into a universal platform that can be adapted to target a wide variety of conditions, including future outbreaks and pandemics.
ProblemBiotechnology
"developing rapid vaccine development for a range of diseases"
Solution
"molecular superglue for rapid development of vaccines using virus-like particles (VLPs) technology"