Thiel-backed Azitra raises $3M for skin microbiome R&D; Crushed by clinical failure, Aviragen launches strategic review

Travis Whitfill

→  Farmington, CT-based Azitra has raised close to $3 million in a Series A designed to fuel its research on microbiome therapies for the skin. Seeded by Peter Thiel’s Breakout Labs, the company identified a strain of bacteria that can be used in lotions to treat conditions like eczema and staph infections. Bios Partners led the round. “The current approach of only addressing a disease’s symptoms alone is ineffective, and the microbiome is a nascent area of groundbreaking science that has enormous potential,” said Azitra co-founder Travis Whitfill. “That’s why we were passionate about launching a commercial organization that harnesses the power of the skin’s own microbiome to develop a new kind of dermatology treatment. Such treatments are potentially safer, more highly targeted, and work better with fewer side effects than what’s currently available for often intractable conditions.”

→ Cambridge, MA-based Sentien Biotechnologies closed a $12 million Series A investment round. The financing was co-led by Boehringer Ingelheim Venture Fund USA and BioInnovation Capital, and joined by Chiesi Ventures, MBL Venture Capital and Mass Medical Angels. The Series A round will be used to fund initial clinical development of Sentien’s SBI-101 for the treatment of acute kidney injury.

→ Atlanta-based Aviragen has begun a strategic review after a clinical failure left the biotech mired in penny stock territory. In back-to-back setbacks, Aviragen Therapeutics $AVIR said that its lead drug vapendavir flunked a Phase IIb in moderate to severe asthmatics with a rhinovirus infection. Everything is on the table, including a merger, in-licensing and an acquisition.

→ A new bill providing tax credits for contract research has been filed in the House of Representatives. The legislation, if ever passed, would benefit CROs.

The best place to read Endpoints News? In your inbox.

Comprehensive daily news report for those who discover, develop, and market drugs. Join 47,200+ biopharma pros who read Endpoints News by email every day.

Free Subscription

Research Scientist - Immunology
Recursion Pharmaceuticals Salt Lake City, UT
Director of Operations
Atlas Venture Cambridge, MA

Visit Endpoints Careers ->