ImmunoBiochem secures seed funding through Mission BioCapital Platinum Program

• ImmunoBiochem and Orb Therapeutics became the first Canadian recipients of Mission BioCapital’s Platinum Tickets, selected from fewer than 2% of applicants.
• The program offers up to $500,000 in pre-seed capital; ImmunoBiochem will receive seed funding, laboratory space and drug-discovery support.
• A $3.5 million federal investment provided a significant portion of ImmunoBiochem’s seed funding to support scale-up and pipeline development.
• ImmunoBiochem’s lead candidate, IMB-216P, targets inflammatory bowel disease by selectively degrading inflammatory proteins in pathogenic T cells while sparing regulatory T cells.
• ImmunoBiochem reported durable disease control following a single intravenous or subcutaneous dose in humanized chronic-colitis models.

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