Mablink Bioscience to move forward its ADC pipeline targeted at cancers with high unmet medical needs
Lyon, France, April 27, 2021
Mablink Bioscience, a company developing the next generation of antibody-drug conjugates (ADC) through its proprietary hydrophilic drug-linker PSARlinkTM platform, announces today the completion of a €4 Million Seed financing round led by Elaia Partners and along with Pertinence Invest 2 (Sofimac Innovation advised by Mérieux Equity Partners), Sham Innovation Santé (advised by Turenne Capital), Fondation Fournier-Majoie, Simba Santé (Angelor) and Crédit Agricole Création.
Transforming the field of ADC to treat cancers with high unmet medical needs
ADC is a new class of drugs that work like a guided missile: a monoclonal antibody is used to transport physically linked highly potent cytotoxic molecules directly and specifically into the tumor cells to destroy them, while sparing healthy tissues. Leveraging its proprietary PSARlinkTM technology that links cytotoxic molecules to antibodies, Mablink Bioscience aims at transforming the field of ADC by both multiplying their clinical therapeutic index and by broadening the spectrum of usable compounds, addressable targets and indications they can apply to. Mablink Bioscience will use the proceeds of this financing round to move forward its ADC pipeline directed against several cancers with high unmet medical needs.
A patented platform with a game-changing potential in ADC
In just 2 years, Mablink Bioscience has been able to complete the technological development and preclinical validation of PSARlinkTM, its patented ADC platform that allows for the discovery of homogeneous and easy-to-manufacture next generation ADC bearing best-in-class pharmacological properties1. Warren Viricel, CSO and co-founder of Mablink Bioscience commented that “PSARlinkTM has the potential to be a game-changer in the treatment of cancers and this investment is the first step to quickly bring our ADC candidates to the clinic.”
Jean-Guillaume Lafay, CEO and co-founder of Mablink Bioscience added that “We are looking forward to strengthening and accelerating our ADC pipeline, as well as to working with our investors to further develop Mablink Bioscience, bring our disruptive therapeutic technologies to the clinic and help cancer patients with high unmet medical needs.”
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