Oncolinx

Oncolinx

closed
Targeted Immune Activation with Antibody-Drug Conjugates (ADCs). Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD5—8m (Dealroom.co estimates Oct 2016.)
Company register number 09987474
Boston Massachusetts (HQ)
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DateInvestorsAmountRound

$250k

Grant

N/A

Grant

€50.0k

Grant

$1.0m

Seed
Total FundingCAD1.8m

Recent News about Oncolinx

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Oncolinx is a biotechnology startup focused on developing advanced cancer treatments. The company specializes in creating Antibody-Drug Conjugates (ADCs), which are a type of targeted cancer therapy. These ADCs use a unique cytotoxin called Azonafide, which is attached to an antibody that specifically targets tumor cells while sparing healthy cells. This targeted approach helps to minimize the side effects commonly associated with traditional chemotherapy.

Oncolinx operates in the oncology market, which includes treatments for various types of cancer such as colorectal, lung, breast, renal, and other solid and blood cancers. The company serves a diverse range of clients, including leading pharmaceutical companies, academic institutions, and other biotech startups. They have partnerships with over 14 major pharmaceutical companies and collaborate with academic groups on protein aptamer drug conjugates and immunotherapy combination studies.

The business model of Oncolinx revolves around research and development (R&D) and strategic partnerships. They conduct in vitro (test tube experiments) and in vivo (experiments in living organisms) proof-of-concept studies to generate comprehensive data packages for review. These studies help validate the efficacy of their ADCs, particularly in drug-resistant tumors and cancer stem cells. The company holds several patents and pending patents for their innovative molecules, which further strengthens their market position.

Oncolinx makes money through various channels, including licensing their technology to pharmaceutical companies, entering into co-development agreements, and potentially through the commercialization of their own ADC products. Their unique approach of combining cancer cell death induction with immune system activation has shown promising results, making their technology highly attractive to potential partners and investors.

In summary, Oncolinx is a pioneering biotech firm focused on developing targeted cancer therapies with a strong emphasis on R&D and strategic partnerships. Their innovative ADCs offer a promising alternative to traditional chemotherapy, with the potential to significantly improve patient outcomes.

Keywords: Biotechnology, Cancer Treatment, Antibody-Drug Conjugates, Oncology, Azonafide, Targeted Therapy, Pharmaceutical Partnerships, R&D, Immunotherapy, Patents.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.