
IgGenix
Developing therapy for people suffering food allergies and other severe allergic conditions.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
* | $40.0m | Series B | |
Total Funding | 000k |
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IgGenix is a pioneering biotechnology startup focused on revolutionizing allergy treatment. The company operates at the intersection of biotechnology and immunology, leveraging its proprietary SEQ antibody discovery platform. This platform allows IgGenix to capture rare human B cells that produce IgE antibodies directly from human blood. By isolating and re-engineering these antibodies, IgGenix aims to develop first-in-class therapies that provide faster and more sustained clinical responses for individuals suffering from severe allergies.
IgGenix primarily serves patients with severe allergic conditions who are in need of more effective and long-lasting treatments. The company is currently conducting research as part of an Institutional Review Board-approved observational study to create new allergy therapeutics. This research is aimed at addressing a significant unmet need in the allergy market, which affects millions of people worldwide.
The business model of IgGenix revolves around the development and commercialization of its unique allergy therapies. The company generates revenue through partnerships, grants, and eventually, the sales of its proprietary treatments once they receive regulatory approval. IgGenix is backed by notable investors, including Khosla Ventures and Alexandria Venture Investments, which provide the financial support needed to advance its research and development efforts.
In summary, IgGenix is a rapidly growing biotech firm dedicated to transforming the treatment landscape for allergic diseases. By harnessing its innovative SEQ platform, the company is well-positioned to bring groundbreaking therapies to market, offering hope to millions of allergy sufferers.
Keywords: biotechnology, allergy treatment, SEQ platform, IgE antibodies, immunology, research, therapeutics, innovation, startup, healthcare.