Adaptam Therapeutics, a San Sebastian-based firm pioneering most cancers immunotherapies particularly concentrating on immunosuppressive myeloid cells, immediately publicizes the profitable completion of a €3 million pre-Seed financing spherical
The spherical was led by Standards Bio Ventures and can allow Adaptam to additional develop its programmes and enter the preclinical section in a number of oncology indications. As a part of the spherical, Salvatore Cappadona, PhD, and Pablo Cironi, PhD, each from Standards Bio Ventures, joined the board of administrators.
“Immunosuppressive myeloid cells inside tumors current one of many hardest challenges in immunotherapy immediately. Our aim is to neutralise this impediment by growing therapies that particularly goal these cells, providing sufferers new hope the place conventional approaches have failed,” stated Asis Palazon, PhD, founder, CEO and CSO of Adaptam.
This newly introduced pre-Seed spherical for Adaptam locations it alongside different 2025 European immuno-oncology ventures which have lately secured capital. Notably, this Spanish BioTech is addressing immunosuppressive myeloid cells within the tumour microenvironment – a extra particular goal in contrast with a few of the broader tumour-targeted therapies funded elsewhere.
In France, Exeliom Biosciences raised €2.85 million to speed up its immunotherapy programmes for most cancers. From Sweden, Lithea AB secured €851k to advance a tumour-targeted remedy for childhood bone most cancers. In the meantime, Trogenix in the UK closed an €80 million Sequence A to speed up the event of healing most cancers remedies.
Whereas these rounds differ considerably in scale and scientific maturity, they collectively point out sustained investor confidence in European oncology innovation. Adaptam’s pre-clinical deal with glyco-immune checkpoint modulation provides a particular Spanish contribution to this broader regional momentum in most cancers immunotherapy.
“The help from Standards Bio Ventures permits us to take a step ahead in attaining our mission. We at the moment are actively planning our next funding spherical to help IND-enabling research,” added Palazon.
Based in 2023, Adaptam is a BioTech spin-off from CIC bioGUNE growing first-in-class antibody therapies for strong tumours.
Adaptam originated from analysis carried out by Prof. Asis Palazon and his staff at CIC bioGUNE in Bilbao, Spain, with knowledgeable insights from Standards Bio Ventures on the ideation, company technique and operational setup of the corporate.
The corporate particularly targets the immunosuppressive myeloid tumor microenvironment by way of unexplored glyco-immune checkpoints, that are expressed in immunosuppressive myeloid cells reminiscent of tumor-associated macrophages (TAMs).
Adaptam is advancing antibody-drug conjugates (ADCs) and bispecific antibodies as a part of its differentiated pipeline. The corporate, backed by Standards Bio Ventures and ERC funding, is dedicated to delivering new therapy choices in immuno-oncology.
“We’re thrilled to help Adaptam in its mission to remodel most cancers therapy by concentrating on the immunosuppressive cells throughout the TME. The scientific breakthroughs achieved by Prof. Asis Palazon and his staff have laid the groundwork for probably life-changing therapies,” stated Pablo Cironi, PhD, chairman of the Adaptam board. “With this sturdy basis, we imagine Adaptam is well-positioned to ship new, efficient remedies for sufferers with strong tumors, addressing essential gaps in present immunotherapy choices.”
Immunotherapy has reworked most cancers therapy, providing new options to sufferers worldwide. Nevertheless, the corporate says a major quantity nonetheless fail to answer these therapies or develop resistance over time.
This lack of efficacy is reprotedly because of the immunosuppressive nature of the tumour microenvironment (TME), which hampers the immune system’s potential to successfully goal and destroy most cancers cells. Among the many principal contributors to this immunosuppression are myeloid cells, notably TAMs, which play an important function in inhibiting T-cell responses.
This problem is especially pronounced in sufferers with strong tumors, the place these myeloid cells create an setting that forestalls immune cells from mounting an efficient anti-tumoral response.
“Adaptam’s differentiated method on the intersection of myeloid-mediated immunosuppression and glycobiology represents a one-of-a-kind imaginative and prescient uniquely positioned to unlock the following frontier in most cancers immunotherapy. We’re proud to have partnered with Asis Palazon to construct this thrilling new enterprise and help its subsequent section of growth.
“We’re assured that Adaptam’s rising pipeline presents a game-changing alternative to remodel most cancers therapy for a lot of sufferers,” stated Salvatore Cappadona, PhD, board member of Adaptam.
A number of the core structural and mechanistic discoveries of immune-modulating glycan-binding proteins and their interactions with immune cells have been beforehand printed in Nature Communications.
“CIC bioGUNE’s long-standing management in glycobiology supplied the scientific basis for Adaptam and we’ve got supported the corporate from its earliest steps by way of to immediately’s preclinical maturation,” stated Prof. Jesús Jiménez-Barbero, scientific director of CIC bioGUNE.
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