• Skip to main content

DistilINFO LifeSciences

Weekly round up from Life Sciences Industry.

  • Publications
    • Home
    • DistilINFO HealthPlan
    • DistilINFO HospitalIT
    • DistilINFO IT
    • DistilINFO Retail
    • DistilINFO POPHealth
    • DistilINFO Ageing
    • DistilINFO Life Sciences
    • DistilINFO GovHealth
    • DistilINFO EHS
    • DistilINFO HealthIndia
    • Subscribe
    • Submit Article
    • Advertise
    • Newsletters

Cellarity Takes in $123 Million to Drive Cell-Centric Drug Discovery Toward Clinic

Share:

March 1, 2021

Drug discovery is not what it once was. More and more biotechs are popping up with AI-driven technology to fuel drug R&D at accelerated levels with higher success potential than predecessors.

Flagship-foundling Cellarity takes its unique approach even a step further. The company uses computational modeling of cell behavior to treat disease, instead of going after a molecular target, redefining drug discovery through its cell-centric approach.

“All diseases stem from a disorder at the cellular level, but until now most drug discovery efforts have relied upon single molecular targets that overlook the potent networked relationships of biology,” said Fabrice Chouraqui, CEO of Cellarity and a CEO-Partner at Flagship Pioneering.

It’s this kind of outside-the-box approach that landed Cellarity the seventh spot on BioSpace’s Top Life Sciences Startups to Watch in 2021. And having just completed a $123 million Series B, it’s already proving its ranking.

Want to publish your own articles on DistilINFO Publications?

Send us an email, we will get in touch with you.

“Cellarity’s cell-centric platform has the potential to engineer a shift in how the world approaches the discovery of medicine,” said Noubar Afeyan, CEO of Flagship Pioneering and Co-founder and Chairman of the Board of Cellarity.

“It is another example of Flagship Pioneering’s relentless efforts to push the boundaries of the life sciences to uncover breakthrough technologies and identify innovative treatments that will change the lives of patients.”

The biotech has already demonstrated a capability to modify disease behaviors in 10 different therapeutic areas. Cellarity’s current focus is on 4 high-value disease areas – hematology, immuno-oncology, metabolism, and respiratory – with seven drug discovery programs underway.

A rep for Cellarity told BioSpace, “The Series B funding will advance these programs and keep enhancing the platform, with the goal of reaching the clinic in the next few years.”

But the targets don’t stop there. Cellarity’s cell-centric approach to drug design has “limitless applications” by predicting molecules that will change cell behaviors. The company’s algorithms are thereby capable of drug candidate identification that might otherwise be undiscoverable.

Cellarity will also use the funds to “advance its platform work, validate the power of the cell-centric approach across different disease areas, and generate proof of concept.”

“By working at the level of the entire cell, Cellarity’s drug discovery platform harnesses the complexity of human biology to uncover breakthrough treatments in a wide range of disease areas,” Chouraqui said.

The heavy hitting round was joined by BlackRock, The Baupost Group, Banque Pictet and eight other investors alongside Flagship Pioneering.

Read more here

Source: Biospace

Coffee with DistilINFO's Morning Updates...

Sign up for DistilINFO e-Newsletters.

Just a little bit more about you...
PROCEED
Choose Lists
BACK

Related Stories

  • Tekni-Plex purchases Italian healthcare packaging manufacturer LameplastTekni-Plex purchases Italian healthcare packaging manufacturer Lameplast
  • Opentrons Announces $200 Million Series C Round Led By Softbank Vision Fund 2Opentrons Announces $200 Million Series C Round Led By Softbank Vision Fund 2
  • Unite US Acquires NowPow’s Personalized Community Referral PlatformUnite US Acquires NowPow’s Personalized Community Referral Platform
  • CitiusTech Acquires SDLC Partners to Drive Health Plan Digital TransformationCitiusTech Acquires SDLC Partners to Drive Health Plan Digital Transformation
  • Innovation in Substance Use Disorder Treatment: 5 Keys to ImpactInnovation in Substance Use Disorder Treatment: 5 Keys to Impact
  • IKang Healthcare to re-evaluate merger proposal; shares slip 1% after hoursIKang Healthcare to re-evaluate merger proposal; shares slip 1% after hours
  • Reduce drug prices or we’ll do it for you, senators tell Big Pharma execs, including Merck CEOReduce drug prices or we’ll do it for you, senators tell Big Pharma execs, including Merck CEO
  • To deploy AI tech, healthcare needs to first be data literateTo deploy AI tech, healthcare needs to first be data literate

Trending This Week

Sorry. No data so far.

About Us

DistilINFO is media company that publishes Industry news, views and Interviews. We distil the information for you – saving time and keeping you up to date on your interest areas.

More About Us

Follow Us


Useful Links

  • Subscribe
  • Contact
  • Advertise
  • Privacy Policy
  • Terms of Service
  • Feedback

All Publications

  • DistilINFO HealthPlan Advisory
  • DistilINFO HospitalIT Advisory
  • DistilINFO IT Advisory
  • DistilINFO Retail Advisory
  • DistilINFO POPHealth Advisory
  • DistilINFO Ageing Advisory
  • DistilINFO Life Sciences Advisory
  • DistilINFO GovHealth Advisory
  • DistilINFO EHS Advisory
  • DistilINFO HealthIndia Advisory

© DistilINFO Publications