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i&i Prague

Pobřežní 394/12, Prague, Hlavni mesto Praha, 186 00, Czech Republic

Overview

i&i Prague is a bio-innovation center partner for biotech innovations and smart money investments. Its objective is to identify the potential of new inventions in Drug Discovery, Diagnostics, MedTech, and other Life Science fields.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • PEP-Therapy

    Participated · Series A · Jul 2021

    PEP-Therapy is a Paris-based biotechnology company developing cell-penetrating peptides as targeted therapies for cancers. Its lead candidate, PEP-010, is the first of a new class of therapeutic peptides based on the company's Cell Penetrating & Interfering Peptide (CP&IP) technology; these molecules penetrate cells and specifically block relevant intracellular protein-protein interactions. The approach is intended to inhibit key pathological mechanisms without altering physiological mechanisms. The company intends to use the recent financing to fund the Phase I a/b clinical trial of PEP-010. PEP-Therapy raised an additional €2.6m in a Series A extension, bringing the total raised in the round to €5.4m, comprised of equity and a loan. The company previously received a €2.9m grant from the French state innovation fund (FUI) to finance nonclinical and early clinical development. PEP-Therapy is led by CEO Antoine Prestant. PEP-Therapy develops targeted cancer therapies based on a cell-penetrating and interfering peptide (CP&IP) technology that uses bi-functional peptides to enter cells and block pathological mechanisms while sparing normal physiology. The company’s lead product is paired with a predictive biomarker intended to identify patients likely to respond. PEP-Therapy says its first targeted therapy has convincing proof-of-concept in preclinical models representative of human tumors. The funding will support regulatory toxicity studies, described as the final phase before clinical trials. The firm holds a portfolio of targeted therapies built on the same CP&IP approach, developed in collaboration with research institutions including Université Pierre et Marie Curie, Inserm and Institut Curie. Management framed the financing as enabling scale-up of development toward clinical evaluation.

Team

No current team members are available.