Chalk up one more biotech startup for MIT’s Bob Langer
Bob Langer has another biotech startup to add to his lengthy roster.
Lyndra has gathered $23 million together to work on a new delivery tech platform developed by Langer, Giovanni Traverso and Andrew Bellinger at MIT.
Lyndra’s big idea is that it can develop platform tech that can provide “ultra” long acting sustained release of oral drugs. And it says this new approach could also reduce the side effects associated with some drugs while vastly improving compliance. Polaris partner and co-founder Amy Schulman is leading the effort.
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