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Details:
The financing aims to support the advancement of the Siolta clinical program STMC-103H, which is being evaluated in Phase I/II clinical trial studies for the treatment of Atopic Dermatitis and Type 1 Hypersensitivity.
Lead Product(s): STMC-103H
Therapeutic Area: Dermatology Product Name: STMC-103H
Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule
Partner/Sponsor/Collaborator: SymBiosis and Khosla Ventures
Deal Size: $12.0 million Upfront Cash: Undisclosed
Deal Type: Series C Financing March 12, 2024
Details:
STMC-103H is a Live Biotherapeutic Product (LBP) for the prevention and treatment of atopic diseases (atopic dermatitis, atopic asthma, food allergy, allergic rhinitis) in at-risk newborns based on an immediate family history of atopic diseases.
Lead Product(s): STMC-103H
Therapeutic Area: Dermatology Product Name: STMC-103H
Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule
Partner/Sponsor/Collaborator: Not Applicable
Deal Size: Not Applicable Upfront Cash: Not Applicable
Deal Type: Not Applicable July 20, 2022
Details:
The grant will provide funding for the continued development and optimization of manufacturing approaches for live biotherapeutic products containing strictly anaerobic, non-spore forming bacteria as active pharmaceutical ingredients including STMC-103H.
Lead Product(s): STMC-103H
Therapeutic Area: Dermatology Product Name: STMC-103H
Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule
Partner/Sponsor/Collaborator: National Institute of Allergy and Infectious Diseases
Deal Size: $1.0 million Upfront Cash: Undisclosed
Deal Type: Funding February 09, 2022
Details:
The latest round of capital will go towards supporting clinical proof of concept (POC) trials testing the efficacy of their lead LBP product, STMC-103H.
Lead Product(s): STMC-103H
Therapeutic Area: Immunology Product Name: STMC-103H
Highest Development Status: Phase IProduct Type: Large molecule
Partner/Sponsor/Collaborator: Khosla Ventures
Deal Size: $30.0 million Upfront Cash: Undisclosed
Deal Type: Series B Financing September 22, 2020