Allogenica

Allogenica

Development of an emerging class of cancer therapy, called CAR-T cells.

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€0.0

round
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€500k

Seed
Total Funding000k
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Allogenica is a pioneering preclinical biotech company focused on revolutionizing the field of cell therapy, specifically Chimeric Antigen Receptor T cell (CAR T) therapy. CAR T therapy involves reprogramming immune cells to recognize and kill cancer cells, offering a promising treatment for both solid and liquid tumors. However, traditional CAR T therapies are often time-consuming and expensive to manufacture, which can delay treatment for patients with life-threatening diseases.

Allogenica addresses these challenges by developing affordable, off-the-shelf immunotherapies that aim to be universally available. The company uses healthy donor hematopoietic stem cells, which are bioengineered to express the CAR, thus creating a universal cell therapy that can be immediately available to patients. This approach not only reduces manufacturing costs by about ten times but also ensures predictable safety and efficacy.

The company operates in the oncology market, serving patients who are battling various forms of cancer. Allogenica's business model revolves around the development and eventual commercialization of its innovative CAR T therapies. The company plans to generate revenue through the sale of these therapies once they receive regulatory approval. Their most advanced drug candidate is expected to enter clinical trials in 2026.

Allogenica's commitment to innovation has been recognized with the Innovation Trophy from the VCLS Innovation Center. The company's unique bioproduction process and advanced CAR-containing vectors set it apart in the competitive biotech landscape.

In summary, Allogenica is making significant strides in making CAR T therapies more accessible, safer, and cost-effective, with the potential to transform cancer treatment.

Keywords: CAR T therapy, immunotherapy, oncology, biotech, cancer treatment, stem cells, bioengineering, affordable healthcare, innovation, clinical trials.

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