iBio

About:

iBio is a technology platform that develops pharmaceutical product applications.

Website: http://ibioinc.com

Top Investors: Woodforest National Bank, Lynx1 Capital Management, ADAR1 Capital Management, Ikarian Capital

Description:

iBio develops and offers product applications of its iBioLaunchâ„¢ and iBioModulatorâ„¢ platforms, providing collaborators full support for turn-key implementation of its technology for both proprietary and biosimilar products. The iBioLaunch platform is a proprietary, transformative technology for development and production of biologics using transient gene expression in unmodified green plants. Advantages over other systems include: success with proteins difficult or impossible to produce with other methods; broadly applicable to biologics, including monoclonal antibodies, other therapeutic proteins and vaccines; enables rapid development and validation of modular, scalable, and optionally robotic, multi-product manufacturing facilities; production time measured in weeks instead of months or more. Additional benefits include a practically unlimited surge capacity for remedial action against bioterrorism and pandemic disease; product entry that is unconstrained by traditional process patents, and significantly lower capital and operating costs for comparable production.

Total Funding Amount:

$53.1M

Estimated Revenue Range:

Less than $1M

Headquarters Location:

Newark, Delaware, United States

Founded Date:

2008-04-01

Founders:

Robert B. Kay

Number of Employees:

11-50

Last Funding Date:

2024-03-26

IPO Status:

Public

Industries:

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