Connect with us

Technology

Alys Pharmaceuticals launches with $100M financing from Medicxi to advance Immuno-Dermatology focused pipeline

Published

on

Co-founded by world leading dermatology experts and Medicxi Merger of six asset-centric companies to form a new R&D-centric multi-platform pipeline in immuno-dermatology to harness cutting edge-science and technologiesVision to transform the treatment paradigm for several dermatology indications of significant prevalence and major unmet need

BOSTON and GENEVA, Switzerland, Feb. 12, 2024 /PRNewswire/ — Alys Pharmaceuticals, Inc. (“Alys”), an immuno-dermatology focused company, launches today with an R&D pipeline enabled by multiple platform technologies and a $100 million financing by Medicxi. Originating from the aggregation of six asset-centric Medicxi companies, Alys boasts a robust pipeline of innovative programs and platforms targeting multiple dermatological indications.

Co-founded by Medicxi and several world leading dermatology and scientific experts, including John Harris (UMass Chan Medical School), Brian Kim (Icahn School of Medicine at Mount Sinai), Lars French (LMU, Munich), Nobel Prize winner Craig Mello (UMass Chan Medical School), Eric Deutsch (Gustave Roussy) and Mark Prausnitz (Georgia Institute of Technology), Alys aspires to redefine the landscape of dermatological treatments. The Company is run by co-founder and COO Thibaud Portal (formerly Galderma’s Global Head of Prescription Medicines) and Medicxi’s Francesco De Rubertis serves as Chairman of the Board.

Alys believes that emerging indications such as atopic dermatitis, vitiligo, alopecia areata and chronic spontaneous urticaria, will see the next breakthroughs in dermatological advancements. The pipeline also includes programs focused on underserved indications such as mastocytosis, cutaneous T-cell lymphoma or prevention of skin side effects of oncology therapies.

Alys is working with leading institutions such as Institut Gustave Roussy, UMass Chan Medical School, Icahn School of Medicine at Mount Sinai, Georgia Institute of Technology and Empa, the Swiss Federal Laboratories for Materials Science & Technology, demonstrating its commitment to collaborative research and development.

Alys combines the assets and platforms of Aldena Therapeutics, Graegis Pharmaceuticals, Granular Therapeutics, Klirna Biotech, Nira Biosciences and Vimela Therapeutics. With more than a dozen active programs, Alys anticipates further organic pipeline growth from its cutting-edge platforms, covering inflammatory diseases, autoimmune diseases, dermatology supportive care for cancer patients and rare dermatoses. Over the next three years, the company aims to deliver between seven to ten clinical Proof-of-Concept (POC) readouts, and potentially at least one program to advance to registrational studies.

Francesco De Rubertis, Chairman of Alys Pharmaceuticals and Partner at Medicxi commented: “We believe that bringing together several asset-centric companies with a phenomenal team will power up Alys to transform innovation in immuno-dermatology. Alys manages a broad pipeline of assets with diverse risk profiles and will hugely benefit from this change of scale and facilitated access to capital.”

Professor John Harris, Chief Innovation Officer of Alys Pharmaceuticals and Chair of Dermatology at UMass Chan Medical School, added: “It is uniquely exciting to oversee such a rich and diverse pipeline, bringing forward modalities that will break new ground in dermatology, including peptides, sophisticated antibodies, or vectorized siRNA.”

Professor Brian Kim, Vice Chair of Research in the Department of Dermatology at the Icahn School of Medicine at Mount Sinai, added: “With its diverse pipeline, Alys’ commitment to advancing the frontiers of immuno-dermatology has the potential to bring transformative solutions to patients worldwide.”

About Alys Pharmaceuticals

Alys Pharmaceuticals, Inc. (“Alys”) is a Boston and Geneva-based cutting edge pure-play immuno-dermatology company. Alys is backed by international investment firm Medicxi with $100M financing. Alys has a world class leadership team that brings together experts across dermatology and advanced scientific fields, including co-founders Craig Mello (UMass Chan Medical School), John Harris (UMass Chan Medical School), Brian Kim (Icahn School of Medicine at Mount Sinai), Lars French (LMU, Munich), Eric Deutsch (Gustave Roussy) and Mark Prausnitz (Georgia Institute of Technology). Alys is led by dermatology specialist, co-founder and COO Thibaud Portal

It was formed from the aggregation of 6 asset-centric Medicxi companies – Aldena Therapeutics, Graegis Pharmaceuticals, Granular Therapeutics, Klirna Biotech, Nira Biosciences and Vimela Therapeutics. Its pipeline boasts 14 active programs, targeting multiple dermatological indications, including atopic dermatitis, vitiligo, psoriasis and mastocytosis. For further information, please visit www.alyspharma.com.  

About Medicxi

Medicxi is a healthcare-focused investment firm with the mission to create and invest in companies across the full drug development continuum. Leveraging deep expertise in drug development and company creation spanning over two decades, Medicxi invests in early and late-stage therapeutics with a product vision that can fulfill a clear unmet medical need. For more information, please visit: www.medicxi.com.

COI Statement

Mount Sinai and Brian Kim, UMass Chan Medical School, Craig Mello and John Harris, Georgia Institute of Technology and Mark Prausnitz, Gustave Roussy and Eric Deutsch, Lars French have financial interests in Alys.

 

View original content:https://www.prnewswire.co.uk/news-releases/alys-pharmaceuticals-launches-with-100m-financing-from-medicxi-to-advance-immuno-dermatology-focused-pipeline-302059125.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

MadApes Expands into Solana, Base, Blast, Polygon, Avax, and Matic to Boost Crypto Project Visibility and Engagement

Published

on

By

MadApes Announces Strategic Expansion into Leading Blockchain Ecosystems

SAN DIEGO, July 27, 2024 /PRNewswire-PRWeb/ — MadApes, a prominent player in the blockchain industry, has unveiled its expansion into several key blockchain ecosystems including Solana, Base, Blast, Polygon, Avax, and Matic. This strategic move aims to significantly enhance visibility and engagement for cryptocurrency projects, solidifying MadApes’ presence across multiple platforms and offering robust support for diverse blockchain innovations.

Broadened Focus
MadApes has built a reputation for effective marketing campaigns and active community engagement. Recognizing the increasing significance of alternative blockchain platforms, the company aims to leverage its growing user base. By expanding its focus to multiple chains, MadApes intends to offer customized marketing solutions that enhance project visibility and foster community interaction across these newer ecosystems.

Leadership Statement
CEO of MadApes @theT1T4N highlighted the importance of innovation and responsiveness to market changes. @theT1T4N stated, “Our expansion into multiple blockchain ecosystems reflects our dedication to staying ahead in the fast-paced world of cryptocurrency marketing. By extending our services to projects on Solana, Base, Blast, Polygon, Avax, and Matic, we aim to provide comprehensive marketing solutions that support visibility and growth on diverse platforms.”

Industry Trends and Alignment
This strategic move aligns with broader industry trends toward blockchain interoperability and cross-chain compatibility. As projects increasingly seek to utilize the unique features of various networks, MadApes’ expansion positions it as a versatile partner capable of meeting these diverse needs. The company’s strategy not only addresses current market demands but also anticipates future developments in the multi-chain ecosystem.

Community and Philanthropy
MadApes has generously contributed to Emanem’s food donation drive, making it possible to reach more people in need. Through this joint effort, MadApes helps Emanem and aims to provide essential food supplies to individuals and families struggling with food insecurity.

Reception from the Community and Projects
The announcement has garnered positive responses from both existing and prospective projects. Many within the Solana, Base, Blast, Polygon, Avax, and Matic ecosystems have shown interest in leveraging MadApes’ expertise to boost their marketing efforts. This reception underscores the company’s reputation for adaptability and forward-thinking strategies.

Commitment to Excellence
As MadApes ventures into new blockchain ecosystems, it remains committed to maintaining the high standards of excellence and innovation that have characterized its marketing services. The company’s expanded focus is expected to have a significant influence in shaping the success of projects across diverse platforms.

Engage with MadApes
Crypto enthusiasts and project teams can stay informed and engaged through MadApes’ various channels:

Call Channel – https://t.me/mad_apes_callGambles Channel – https://t.me/mad_apes_gamblesCommunity Lounge – https://t.me/mad_apesTwitter – https://x.com/madapescall

Visit their website at http://www.madapes.net for more information.

MadApes’ expansion marks a significant development in the cryptocurrency marketing landscape, offering broader opportunities for project visibility and community engagement.

Media Contact

Rachel Harris, Rachel Harris Pulse Media, 949-749-5349, info@pulsemediapr.com

View original content:https://www.prweb.com/releases/madapes-expands-into-solana-base-blast-polygon-avax-and-matic-to-boost-crypto-project-visibility-and-engagement-302207527.html

SOURCE MadApes

Continue Reading

Technology

InfoComm India 2024 -The Largest Edition of the Pro AV Exhibition to Date – Returns 3-5 September at Jio World Convention Centre (JWCC) Mumbai, India

Published

on

By

MUMBAI, India, July 27, 2024 /PRNewswire/ — InfoComm India, India’s foremost professional audiovisual (Pro AV) exhibition, is set to return to Mumbai from 3-5 September 2024 at the Jio World Convention Centre (JWCC). This year, InfoComm India 2024 expands beyond Pavilions 1 to 3 at JWCC, incorporating Jasmine Hall (at Level 3) for an even larger showcase of innovative solutions. It will showcase over 250 brands from more than 10 countries, including 35 first-time exhibitors. InfoComm India 2024 will be held. Registration is now open for professionals and businesses looking to deepen their Pro AV expertise.

Visitors can discover a plethora of solutions ranging from the latest in digital signage, to intelligent video conference systems, from artificial intelligence (AI) in LED virtual production to naked eye 3D displays, smart classroom solutions, interactive immersive projection mapping and more catering to a wide range of sectors such as education, finance, live events, urban development & smart cities. The exhibition will showcase top-tier products and innovations from renowned global brands and emerging industry players, including AERO, BENQ, Crestron, Harman, QSYS, Barco, AET, Samsung, and PeopleLink, along with WACOM, DVSI, Neotouch, Yotech Infocom, Onfinity Technologies and 30 more who are exhibiting for the first time at InfoComm India

With an expanded show floor space at Jasmine Hall, visitors can look forward to even more innovators in the Pro AV and technology space including TOYO, 4 Squares Corporation, Altex, Black Box and Wah Lee to name a few. AVIXA will also be making its presence felt at Jasmine Hall with interactive and knowledge-packed seminars hosted at its booth throughout the three days.

The 2024 InfoComm India Summit will offer over 48 free-to-attend seminars across 14 specialized tracks led by over 50 industry leaders as speakers. A glimpse of the exciting lineup of sessions includes a kick-off overview “Navigating New Horizons: Insights and Innovations Shaping India’s Pro AV Landscape” led by David Labuskes, CTS, CAE, RCDD, Executive Director and CEO, AVIXA , ‘Live Events & Experiential Planning’ exploring Pro AV application for live events, as well as industry-focused sessions dedicated to smart cities, hospitality, and education sectors like “Future of Learning Spaces”, “Securing the Future: Cybersecurity Strategies, Economics, and Risk Management”, Digital Signage in the AI-age which explores real-world strategies using AI, VR, and digital platforms for immersive experiences.

India’s digital transformation is truly inspiring,” said June Ko, Executive Director of InfoComm India. “We see a vibrant energy and a thirst for innovation across the country. InfoComm India 2024 is our way of bringing together the brilliant minds and passionate hearts that are shaping this new era of technology in India. We envision InfoComm India as the premier destination for the Pro AV community to exchange ideas, foster partnerships, and collectively drive the industry forward.”

Connection is at the heart of InfoComm India 2024. A host of networking opportunities are designed to connect attendees with industry experts, thought leaders, and peers. They include the Breakfast Networking Hour at Luminary Lounge (Jasmine Hall) on 2 and 3 September, 9.30am to 10.00am; Flashtrack seminars and networking events at AVIXA booth; daily New Technology and Products Show Floor Tours and more.

For full details on exhibitors, products, summit agenda, registration, and sponsorship opportunities, visit www.infocomm-india.com

To access more press information of InfoComm India 2024, please visit: Digital Press Office Kit

For more information, please contact:

Rest of the World

Angie Eng
Marketing Director

InfoCommAsiaPteLtd
angieeng@infocommasia.com

India

Sooraj Dhawan

Director

Falcon Exhibitions Pvt. Ltd.

sooraj@falconfirst.com

 

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/infocomm-india-2024-the-largest-edition-of-the-pro-av-exhibition-to-date—returns-3-5-september-at-jio-world-convention-centre-jwcc-mumbai-india-302207991.html

Continue Reading

Technology

Virtual Internet Announces Virtual 5GE

Published

on

By

V5GE and V5G are the World’s Choice as Downloads and Users for Virtual 5G Express and Virtual 5G surge in response to sabotage of fiber-optic cables across France

V5GE usage increases 10,000% at Paris Olympics

#3 in Tools Downloads in France

SINGAPORE and SAN JOSE, Calif., July 26, 2024 /PRNewswire/ — Virtual Internet has announced Virtual 5G Express reached #3 in Tools Downloads in France, based on statistics from App Brain and Android on Google Play in July 2024. Virtual 5GE was also among the top Tools Apps released in the last 30 days.

Installations and Users for Virtual 5G Express and Virtual 5G surged in response to sabotage of fiber-optic cables across France. IT companies, such as cloud computing groups, were hit by the outages, which forced traffic to move to alternative routes over Wi-Fi, Cellular and Satellite Transmissions.

Virtual Internet announced that downloads and usage were especially high in Lille, Fance and Paris, France and London, England, the sites of attacks on the day of the opening ceremony of the 2024 Paris Summer Olympics, and the Eurostar TGV cancellations.

Users report that with both V5GE and V5G, they received broadband service. Users also noted their communications were secure and uninterrupted. Without V5GE and V5G, they experienced that service was unstable or absent.

V5GE and V5G were the World’s Choice.

About Virtual Internet Pte. Ltd.

Virtual Internet is an advanced technology company, incorporated in Singapore. Virtual Internet is building a new community of millions of users, connected through multiple networks. Virtual Internet has created and operates on its own Virtual 5G, Virtual 5GE Global Overlay Network, which allows millions of other applications and services to be delivered over 5G Mobile Broadband Speeds using existing Cellular Radio, Wi-Fi, and SATCOM networks.

Media Contact:
PR@adaranetworks.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/virtual-internet-announces-virtual-5ge-302207940.html

SOURCE Virtual Internet Pte. Ltd.

Continue Reading

Trending