Imel Biotherapeutics

Imel Biotherapeutics

Cell-based therapies for mitochondrial dysfunction and targeting mitochondrial dysfunction. Learn more
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KRW6.0b

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$15.0m

Series A
Total Funding€18.2m

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IMEL BioTx is a pioneering biotech startup focused on addressing mitochondrial dysfunction, a key factor in aging and various age-related diseases such as neurodegenerative disorders, cancer, and inflammatory diseases. The company operates in the biotechnology and healthcare market, targeting both inherited and acquired mitochondrial disorders. Their primary clients include elderly patients who suffer from these conditions and healthcare providers seeking advanced treatment options.

IMEL BioTx's business model revolves around developing innovative therapies that enhance the effectiveness of cancer immunotherapies, particularly for elderly patients. The company leverages cutting-edge research and expertise in immunology to create treatments that can overcome the resistance to checkpoint inhibitors—a common issue in older cancer patients due to T cell exhaustion. By improving the immune system's ability to fight tumors, IMEL BioTx aims to provide better therapeutic outcomes for this demographic.

The company generates revenue through the development and commercialization of its proprietary therapies. This includes partnering with pharmaceutical companies for drug development, conducting clinical trials, and eventually bringing these therapies to market. Additionally, IMEL BioTx may license its technologies and collaborate with other biotech firms to expand its reach and impact.

Dr. Nicholas P. Restifo, a renowned physician and immunologist, joined IMEL BioTx as Senior Scientific Advisor in 2023. With a distinguished career that includes roles at the US National Cancer Institute and Lyell Immunopharma, Dr. Restifo brings invaluable expertise in cancer immunotherapy to the company. His involvement underscores IMEL BioTx's commitment to scientific excellence and innovation in developing new treatments.

Keywords: mitochondrial dysfunction, aging, neurodegenerative diseases, cancer, inflammatory diseases, immunotherapy, T cell exhaustion, elderly patients, biotech startup, innovative therapies.

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