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Agetech World innovation & investment round-up

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Regenerative innovator’s cash boost, are biological clocks out of time?, Y chromosome concerns, £60bn of graft by UK pensioners

Indian regenerative medicine company Pandorum Technologies, has raised US$18m in a Series B funding round to support its clinical developments and global expansion.

The company, which operates the United States as well as its domestic market, was founded by Tuhin Bhowmick and Arun Chandru and focuses on corneal dystrophies, lung-related disorders, and liver diseases.

Bhowmick, Co-founder and Chief Executive Officer of Pandorum, said: “Just like the Ship of Theseus, the human body is constantly being rebuilt. Pandorum focuses on restoring biological memory, redefining regenerative medicine at its core.

“Our approach treats tissue health, disease, and degeneration as a navigational challenge within an information-constrained biological landscape,” he added.

“This funding would enable us to translate breakthrough science into programmable, disease-modifying therapies, beginning with single-tissue applications and scaling to multi-tissue repair, aligned with Pandorum’s vision – to heal fast and age slow.”

The funding round was led by Protons Corporate, with participation from Galentic Pharma, investor Ashish Kacholia, Noblevast Advisory and Avinya Fund, the Burman Family, and others.

Immortal Dragons, a Singapore-based longevity fund launched late last year, has mapped-out its plans to help tackle age-related organ failure.

Company founder Boyang Wang says it is focused on 3D biofabrication; a technology which utilizes ‘bio-inks’ – living cells integrated with biocompatible materials – to create functional tissue.

Immortal Dragons’ launched its US$40m longevity fund last Autumn and it currently supports over 15 portfolio companies.

Y worry

Whilst the loss of the Y chromosome in men had been thought to have no lasting impact, recent research is painting a different picture.

The Y chromosome bears few genes, other than for male determination, and consequently it was reasoned that its loss would not affect health.

However, new evidence contends that when people with Y chromosomes lose it (mLOY), it can lead to serious diseases – including cardiovascular,  neurodegenerative and cancer – contributing to a shorter lifespan.

New techniques to detect Y chromosomes show frequent loss of it in tissues of older men; with 40% of 60-year-old men showing mLOY, and 57% of 90-year-olds.

New research, entitled the ‘Mosaic loss of the Y chromosome and men’s health’ concludes that ‘mLOY leads to short life expectancy, cancers, and several other disorders in elderly men, infertility in reproductive-aged men, and developmental defects in children’.

This reflects evidence from previous studies, including a large-scale German one, which found men over 60 with high frequencies of mLOY had an increased risk of heart attacks.

Clocking-off

A commentary in the Lancet has questioned the over-reliance on the use of biological clocks, as determinants of longevity.

Whilst acknowledging the progress that has been made with epigenetic testing, in particular, it cautions that ‘key mechanistic and methodological gaps must be addressed to ensure these biomarkers mature into clinically meaningful instruments’.

Released earlier this month the paper entitledEpigenetic clocks: advancing biological age measures towards meaningful clinical use’ reports on their increasing prevalence.

The paper highlights a recent npj Aging commentary, entitled “Do We Actually Need Aging Clocks?”, which argued that the defining principles of biological age remain conceptually unresolved.

It said: “Current clocks capture broad trends but often diverge in their estimates, reflecting differences in population demographics, environmental exposures, lifestyles, disease stages, and tissue-specific methylation patterns.

“Sex is another important source of biological variation, with several studies showing that male and female individuals exhibit distinct epigenetic ageing trajectories, yet these differences are not consistently reported or modelled.”

The Lancet concluded: “ Several ongoing clinical trials…have already begun incorporating ageing clocks as primary or secondary endpoints, reflecting their rapid uptake even without clear evidence that they can reliably track intervention driven biological change.

“Key mechanistic and methodological gaps must be addressed to ensure these biomarkers mature into clinically meaningful instruments.”

Europe ages by 2.1 years

Pension-aged workers in the UK contribute more than £60bn to the UK economy each year, new analysis from the Centre for Ageing Better reveals.

The findings reflect the growing number of people in the 65-plus age group working past state pension age.  The employment rate for this group has more than doubled since 2000 and currently sits at 13.2% – a record 1.7m people.

The median age of the EU’s population reached 44.9 years at the start of 2025 -an increase of 2.1 years in the last decade.

All EU countries recorded increases over the decade except Germany and Malta, where the median age fell by 0.4 years in each case.

Slovakia and Cyprus saw the largest rise, with median age up by 4.0 years since 2015.

Italy followed with an increase of 3.9 years, while Greece and Poland each rose by 3.8 years and Portugal by 3.7 years.

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PrimeC shows survival benefit in ALS trial

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PrimeC showed a more than 14-month survival benefit in an ALS trial, according to updated long-term data from NeuroSense Therapeutics Ltd.

NeuroSense Therapeutics Ltd announced updated long-term survival data from its completed Phase 2b PARADIGM clinical trial of its investigational therapy PrimeC in patients with amyotrophic lateral sclerosis (ALS), according to the company.

The analysis showed that patients who received PrimeC continuously during both the double-blind and open-label phases achieved an estimated median survival of 36.3 months, compared with 21.4 months for those initially assigned to placebo, representing a more than 14-month improvement in survival.

After adjusting for baseline risk factors, a statistical model indicated that PrimeC treatment was associated with a 65 per cent reduction in the risk of death compared with placebo, reinforcing the magnitude of the observed survival advantage, the company said.

The PARADIGM trial evaluated PrimeC, an investigational extended-release oral formulation combining two existing FDA-approved drugs, in 68 patients with ALS.

The updated survival results build on previously reported evidence of slowed disease progression and a favourable safety and tolerability profile seen in the same study.

NeuroSense stated that these survival findings provide additional clinical context to support advancement of PrimeC into pivotal late-stage development and strengthen its engagement with regulatory authorities.

The therapy remains investigational and has not been approved for marketing.

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Study aims to improve recovery after cancer treatment in older people

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Researchers are studying recovery after bowel cancer treatment in older people, as the REBOUND study looks at ageing changes linked to surgery and care.

The study, Resilience Breakthroughs in Older people Undergoing cancer proceDures, is examining how key “hallmarks of ageing” are affected following bowel cancer treatment in people aged 65 and over.

These are the biological processes that naturally occur as we get older.

The chief investigator and principal investigator of the study, professor Thomas Jackson is professor in geriatric medicine at the University of Birmingham and consultant in geriatric medicine and general internal medicine at University Hospitals Birmingham (UHB).

He said: “This is really important work that couldn’t be done without the support of patients agreeing to be in the study.

“We want to understand how the biology of ageing changes when older people have significant events, such as major surgery, and why some people recover well, and others don’t.

“With this understanding, we can identify ways of improving recovery in everyone and maximising the benefits of cancer treatment.”

Researchers at USB, in collaboration with King’s College London (KCL), are leading the study to understand the factors that influence how well older people recover from cancer treatment and to find ways to keep the body strong.

While age is a known risk factor for developing cancer, treatments such as chemotherapy, immunotherapy (which helps the immune system attack cancer), surgery and radiation therapy can trigger processes in the body that resemble ageing.

By understanding how the body responds to cancer treatment, researchers aim to develop new interventions that could prevent or reduce ageing-related changes and improve the number of years spent in good health. The ultimate goal is to help older people with cancer remain active and continue doing the things that matter most to them.

The study involves analysing DNA for age-related changes, examining gut bacteria from stool samples and assessing changes in blood and fat cells.

Samples will be collected at multiple time points before, during and after surgery.

These biological findings will be compared with tests of memory, thinking, strength and muscle function, alongside information from medical records.

The study aims to recruit 172 participants aged 50 years and older who are scheduled to undergo bowel cancer surgery at UHB, Guy’s and St Thomas’ NHS Foundation Trust and King’s College Hospital NHS Foundation Trust.

The study opened to recruitment in autumn 2024, and to date, 58 patients have been enrolled.

The project is a collaborative effort bringing together clinicians specialising in the care of older people, surgeons and scientists with expertise in ageing and complex data analysis. It is supported by the Dynamic Resilience programme, funded by Wellcome Leap and the Temasek Trust.

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Korsana raises US$175m for Alzheimer’s therapy

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Korsana Biosciences has emerged from stealth with US$175m to develop an Alzheimer’s antibody designed to boost amyloid plaque clearance.

The Waltham, Massachusetts-based biotech is focused on neurodegenerative disease.

Its lead programme, KRSA-028, is a next-generation shuttled monoclonal antibody targeting amyloid beta, a protein that can build up into plaques in Alzheimer’s.

The treatment uses the company’s THETA platform, which incorporates transferrin receptor (TfR1) and Fc engineering to improve delivery across the blood-brain barrier, the protective layer that controls what enters the brain from the bloodstream.

The company says KRSA-028 is designed to increase plaque clearance, lower the rate of amyloid-related imaging abnormalities (ARIA), changes seen on brain scans, and support low-volume subcutaneous dosing, given under the skin, rather than intravenous infusions.

The company was founded in 2024 with a US$25m seed investment and closed a US$150m Series A financing round in September 2025.

It has appointed Jonathan Violin as president and chief executive. Dr Violin has been a venture partner at Fairmount since 2023 and previously served as founding chief executive of Viridian Therapeutics from 2020 to 2023.

He was also founding chief executive of Dianthus Therapeutics and Quellis Biosciences, which merged into Astria Therapeutics.

Dr Violin said: “We are thrilled to announce the launch of Korsana with a mission to elevate expectations for patients suffering from devastating neurodegenerative diseases.

“In particular, Alzheimer’s disease represents a massive and growing unmet need, with the US patient population projected to double to approximately 13m by 2050.

“Only two disease-modifying therapies have been approved to treat Alzheimer’s, and both carry safety warnings, offer only modest efficacy, and impose a high burden of care.

“Patients deserve better options than what is currently available, and we believe our lead programme KRSA-028 can deliver a best-in-class product to treat Alzheimer’s.

“I am thrilled with the robust support of our mission by Korsana’s investors, and excited to build another leading biotechnology company in partnership with the team at Paragon Therapeutics.”

The Series A was co-led by Wellington Management and TCGX, with participation from J.P. Morgan Life Sciences Private Capital, Janus Henderson Investors, Sanofi Ventures, Foresite Capital and others.

The seed round came from Fairmount and Venrock Healthcare Capital Partners.

KRSA-028 was discovered in partnership with Paragon Therapeutics. The company is also advancing a pipeline of THETA-enabled therapies for other undisclosed neurodegenerative diseases.

The financing is expected to fund activities into 2028, including pharmacokinetics, CNS penetration and safety data from healthy volunteers expected in mid-2027, and initial proof-of-concept data showing amyloid plaque clearance in Alzheimer’s patients expected by the end of 2027.

Andrew Gottesdiener, partner at Venrock and co-founder and member of the board of directors of Korsana, said: “We believe Korsana is well positioned to overcome the limitations of not just first-generation Alzheimer’s therapies, but also of earlier shuttle technologies.

“Leveraging a well-established regulatory pathway, Korsana is advancing the next generation of therapies for Alzheimer’s disease and other neurodegenerative disorders, with a clear path to creating value for patients.

“We are thrilled to work with Korsana to build what I believe will become an important and valuable company. Together, we are committed to delivering better medicines to patients suffering from neurodegenerative diseases.”

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