Plexium Announces $102M Financing To Advance Pipeline Of Targeted Protein Degradation Therapies And Technology Platform

SAN DIEGO, Feb. 23, 2022 /PRNewswire/ -- Plexium, Inc. (Plexium), a leading next-generation targeted protein degradation (TPD) company, today announced the completion of an oversubscribed $102M financing, led by BVF…

Continue ReadingPlexium Announces $102M Financing To Advance Pipeline Of Targeted Protein Degradation Therapies And Technology Platform

Atlas-backed neurology player Arkuda reemerges from the grindstone with a lead progranulin drug approaching the clinic

In the bustling biotech space, a couple years can feel like an eternity — but for an Atlas Venture-backed neurology player with a novel spin on R&D, a few quiet years aren’t the worst thing in the world.

Continue ReadingAtlas-backed neurology player Arkuda reemerges from the grindstone with a lead progranulin drug approaching the clinic

Amgen, looking for a path into red-hot ‘molecular glues,’ inks a deal with Plexium for 2 programs, potentially more

As pharma continues to seek new breakthroughs across drug modalities, few areas have garnered more interest than protein degradation. And Amgen is taking a flyer out on a small biotech that thinks its broad approach to degrader R&D could spell a fruitful relationship with the drug giant.

Continue ReadingAmgen, looking for a path into red-hot ‘molecular glues,’ inks a deal with Plexium for 2 programs, potentially more