a year ago
Outrun Therapeutics Secures $10 Million in Seed Funding to Develop E3 Ligase Inhibitors
Outrun Therapeutics, a Dundee, Scotland, UK-based E3 ligase inhibitor and protein stabilisation developer, has raised $10 million in Seed funding
The funding will be used to expand operations and its R&D sector
The company has developed a proprietary platform that allows for the quantitative assessment of E3 ligase targets, reducing discovery time and improving specificity
Outrun’s approach is a scalable and modular strategy for developing small molecule drugs targeting E3 ligases, particularly inhibitors that stabilise proteins.
ProblemHealthcare
"proteins that are unbalanced in certain diseases, disrupting the body's highly sophisticated natural disease suppression processes."
Solution
"developing small molecule drugs that stabilise proteins and maintain their levels"