The start-up is based on a patented technology developed by the two co-founders at Monash University, Australia, with which they have negotiated a license agreement with an option to secure exclusive rights. The co-founders have developed a drug-delivery technology based on protein engineering. They have shown the efficacy of their platform in animal models of skin, bone, skeletal muscle, and cardiac muscle regeneration. The technology can be applied to virtually any protein therapeutic requiring a local action and the team will initially focus its efforts on an application in acute myocardial infarct patients. The co-founders are now seeking investments to conduct pre-clinical trials with the goal to enter clinical trials in 2025.
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CHF 500’000 pre-seed funding for Orio Therapeutics (startupticker.ch)
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Venture Kick supports potential entrepreneurs with start capital up to CHF 150'000 as well as hands-on execution support and access to a nationwide network of investors and experts in the startup field. Multiple times per year, 8 selected projects get the opportunity to present their business ideas in front of a panel. The 5 most promising projects enter the support process. After 9 months at the latest, the startups incorporate and enter the market. Since 2007, Venture Kick has invested over CHF 58 million in over 1111 projects.
Website:
oriotx.com
Headquarter:
Monthey
Foundation Date:
February 2023
Technology:
Sectors: