Ex-Allergan CEO David Pyott backs a biotech startup alongside Takeda, PhI trial set to launch
David Pyott has a new gig to add to his post-Allergan CV. Pyott and Takeda co-led a $13 million startup round for Bioniz, an Irvine, CA-based developer which just had its first IND approved.
Bioniz is building a peptide platform based on blocking particular cytokines that can trigger disease. It has two lead programs, BNZ-1 and BNZ-2, with two completely different disease targets. BNZ-1 is aimed at HTLV-1 Associated Myelopathy (HAM), an orphan disease, and for certain T-cell leukemias. The preclinical BNZ-2 targets cytokines IL15/IL21 for celiac disease and other immuno-inflammatory disorders in the GI tract.
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