NORWALK, Conn., Sept. 10, 2024 /PRNewswire/ -- LifeSpan Vision Ventures today announced that it has closed an investment in Remedium Bio.
The biotechnology company is developing a first-in-class adjustable-dose gene therapy platform called Prometheusâ„¢, which can replace a broad range of multi-protein injection treatments with a single injection, dose adjustable, gene therapy. The treatment, which is administered by a subcutaneous injection, is highly safe, localized, durable, and costs less than many protein-based therapeutics. Unlike with therapeutic protein injections, Prometheusâ„¢ delivers stable, durable, and consistent protein expression, eliminating the concentration spikes that can limit the safety and efficacy of treatments delivered via repeat injection.
The funding will be used to advance the company's lead candidate, RMD-1202, towards Phase 1 studies. RMD-1202 delivers a GLP-1 receptor agonist and demonstrates weight loss, glycemic control, and insulin response superior to daily GLP-1 protein injections - with a potentially increased safety and tolerability profile. The platform can deliver a broad range of proteins, from peptides to antibodies and Remedium is developing additional therapies across musculoskeletal, immunology, and neurology disorders.
Andrew Worden, Founding Partner at LifeSpan Vision Ventures, said "Our mission is to invest in companies that support and accelerate the development of therapies that extend healthspan and address age-related challenges. We believe that Remedium's technology can be applied across a broad range of age-related diseases and opens the potential of gene therapy to vast markets. We are delighted to be supporting Frank and his team to take the company to the next level."
Frank Luppino, President and CEO of Remedium, stated "We are extremely excited to welcome Lifespan Vision Ventures as an investor in Remedium Bio. Our Prometheusâ„¢ platform is a significant advance in genetic medicine, one that brings the benefits of gene therapy to large unmet needs affecting how we age. Lifespan, with their strong grounding in the science and experience growing innovative companies, is an ideal partner to support Remedium as we enter an exciting new phase in our evolution."
About Remedium Bio
Remedium is a biotechnology company focused on the development of treatments for large unmet clinical needs. To enable this, we developed a revolutionary gene therapy platform, which enables safe, effective, and durable delivery of therapeutic genes while allowing for simple post-treatment dose adjustment. The Prometheusâ„¢ adjustable gene therapy platform enables replacement of a broad range of subcutaneously administered protein treatments with a single injection, adjustable dose gene therapy. The system has an exceptionally high degree of specificity and remains localized to the site of the subcutaneous injection, offering a safe and durable, single injection alternative, at a fraction of the current protein-based therapeutic treatment cost. Remedium's pipeline includes several disease modifying treatments with unprecedented efficacy in the fields of endocrinology (weight loss and type 2 diabetes), immunology, neurology, and musculoskeletal diseases.
For more information, visit https://www.remedium-bio.com/
About LifeSpan Vision Ventures
LifeSpan Vision Ventures is a forward-thinking venture capital firm specializing in investments within the aging and longevity space. Our mission is to support and accelerate the development of innovative therapies that extend healthspan, improve the quality of life for individuals as they age, and address age-related challenges. Through strategic partnerships and investments, we aim to shape a future where aging is met with vitality, resilience, and endless possibilities.
Contact: Harry Robb, Analyst: harry.robb@lifespanvision.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
LifeSpan Vision Ventures Invests in Remedium Bio
SINGAPORE, Sept. 17, 2024 /PRNewswire/ -- The Asia Pacific Enterprise Awards (APEA) 2024 proudly celebrated Taiwan's leading business leaders and enterprises driving the future of inclusive entrepreneurship. In an exclusive ceremony held on 13th September at the Grand Hyatt, Taipei, industry leaders were honored for their outstanding contributions to fostering diverse, equitable, and innovative business practices. Organized by regional NGO Enterprise Asia, the APEA is Asia's largest award networking platform, spanning 16 markets annually. Under the theme "Celebrating Inclusive Entrepreneurship", the 2024 Awards recognize visionary business leaders whose initiatives and strategies have actively contributed to the realization of an inclusive entrepreneurship ecosystem in Taiwan.
The award recipients were selected from over 150 nominees through a rigorous evaluation process by a jury of prominent judges across four categories: Master Entrepreneur, Inspirational Brand, Fast Enterprise, and Corporate Excellence.
Since 2007, the Awards has been organized all over the region with past recipients comprising Taiwan's Douglas Tong Hsu, Hong Kong's Francis Lui and Lawrence Ho, TTC Vietnam's Dang Van Thanh, Thailand's Supaluck Ampuj, Cuckoo Malaysia's Hoe Kian Choon, Indonesia's Hary Tanoesoedibjo and Mochtar Riady, India's Adi Godrej, and the Philippines' Dennis Anthony Uy.
Dr. Fong Chan Onn, Chairman of Enterprise Asia, expressed in his welcome speech that "We stand at a pivotal moment where the entrepreneurial spirit can act as a powerful catalyst for change. By championing inclusive entrepreneurship, we can address social inequalities, create jobs, and foster resilient communities. Our collective efforts can lead to a future where entrepreneurship is not just a privilege for the few, but an opportunity for many."
Among the notable awardees are Fwusow Industry Co., Ltd.'s Chairman Yau-Kuen Hung, Excellence Optoelectronics Inc.'s President Huang, Fang-Yue, and Qisda Corporation's President Joe Huang, who have demonstrated exceptional commitment to fostering diversity and equal opportunities within the entrepreneurial landscape through championing inclusivity and creating pathways for various individuals to thrive in the business world.
Further outstanding awardees include Golden Insurance Brokers Co., Ltd. under the Fast Enterprise category, CPC Corporation, Taiwan and Wincomm Corporation under the Inspirational Brand category, and Pacific SOGO Department Stores Co., Ltd. and Raydium Semiconductor Corporation under the Corporate Excellence category.
The Asia Pacific Enterprise Awards 2024 Taiwan Chapter is supported by the Strategic Public Relations Group (SPRG) and Taiwan Institute for Sustainable Energy (TAISE), with KPMG Taiwan as the Official Assurance Partner. PR Newswire is the Official News Release Distribution Partner, and Commercial Times, Dailywire.asia, and SME Magazine are the Media Partners.
AWARD RECIPIENT LIST OF THE ASIA PACIFIC ENTERPRISE AWARDS 2024 TAIWAN CHAPTER
MASTER ENTREPRENEUR CATEGORY
NAME
COMPANY
INDUSTRY
LAI WEN CHANG
CHAIRMAN
ALLJACK TECHNOLOGIES, INC.
MANUFACTURING
LAI HUNG
FOUNDER & CHAIRMAN
ARTISTIC BIOMEDICAL LIMITED COMPANY
HEALTHCARE, PHARMACEUTICAL & BIOTECHNOLOGY
LINDA LU
CHAIRMAN
AWESOME GROUP
EDUCATION & TRAINING
KAI-LUN HUANG
CHAIRMAN & CEO
BAUSEN INC.
BUILDING MATERIALS
HUANG, SHIH-CHUN
CHAIRMAN
CHAINSEA INFORMATION INTEGRATION CO., LTD.
TELECOMMUNICATIONS & ICT
LEE SHUN-CHIN
CHAIRMAN & STANDING DIRECTOR
CPC CORPORATION, TAIWAN
OIL & GAS
ANDY SU
CHAIRMAN & CEO
DARFON ELECTRONICS CORP.
MANUFACTURING
HUANG, FANG-YUE
PRESIDENT
EXCELLENCE OPTOELECTRONICS INC.
AUTOMOTIVE
DR. YUNG-CHANG CHANG
MANAGING DIRECTOR
FAR EASTERN ELECTRONIC TOLL COLLECTION CO., LTD.
TRANSPORTATION & LOGISTICS
RICK LIAO
CHAIRMAN
FORESTAR BROKERAGE CO., LTD.
FINANCIAL SERVICES
YAU-KUEN HUNG
CHAIRMAN
FWUSOW INDUSTRY CO., LTD.
FOOD & BEVERAGE
CHANG, CHIH-CHIANG
CEO
GLORY TECHNOLOGY SERVICE INC.
TELECOMMUNICATIONS & ICT
WILLIAM TSAI
GENERAL MANAGER
GOLDEN INSURANCE BROKERS CO., LTD.
FINANCIAL SERVICES
EDWARD HSIEH
CHAIRMAN
HD RENEWABLE ENERGY CO., LTD
ENERGY
CHEN, YING-CHIH
CEO
HUSHAN AUTOPARTS INC.
AUTOMOTIVE
WAYNE YANG
GENERAL MANAGER
IV TECHNOLOGIES CO., LTD.
MANUFACTURING
CHENG, CHENG-KUN
PRESIDENT
NAN HOANG TRAFFIC INSTRUMENT CO., LTD.
MANUFACTURING
SHU-CHEN CHEN
GENERAL MANAGER
NEFFUL INTERNATIONAL HOLDINGS PTE. LTD., TAIWAN BRANCH
DIRECT SELLING
JOE HUANG
PRESIDENT
QISDA CORPORATION
MANUFACTURING
HERMIT YK HUANG
CHAIRMAN & CEO
RAYDIUM SEMICONDUCTOR CORPORATION
SEMICONDUCTOR
CHENG HSIEN WU
CHAIRMAN
YUAN JIN CHUANG ENTERPRISE CO., LTD.
FOOD & BEVERAGE
FAST ENTERPRISE CATEGORY
COMPANY
INDUSTRY
FORESTAR BROKERAGE CO., LTD.
FINANCIAL SERVICES
GOLDEN INSURANCE BROKERS CO., LTD.
FINANCIAL SERVICES
IV TECHNOLOGIES CO., LTD.
MANUFACTURING
PRESIDENT INFORMATION CORP.
TELECOMMUNICATIONS & ICT
INSPIRATIONAL BRAND CATEGORY
COMPANY
INDUSTRY
ARTISTIC BIOMEDICAL LIMITED COMPANY
HEALTHCARE, PHARMACEUTICAL & BIOTECHNOLOGY
AWESOME GROUP
EDUCATION & TRAINING
CNC-TAKANG CO., LTD.
TRADING & WHOLESALING
CPC CORPORATION, TAIWAN
OIL & GAS
H2U CORPORATION
PROFESSIONAL & BUSINESS SERVICES
NAN HOANG TRAFFIC INSTRUMENT CO., LTD.
MANUFACTURING
WINCOMM CORPORATION
MANUFACTURING
CORPORATE EXCELLENCE CATEGORY
COMPANY
INDUSTRY
ACE EDULINK CO., LTD.
EDUCATION & TRAINING
ALLJACK TECHNOLOGIES, INC.
MANUFACTURING
CHAINSEA INFORMATION INTEGRATION CO., LTD.
TELECOMMUNICATIONS & ICT
EXCELLENCE OPTOELECTRONICS INC.
AUTOMOTIVE
FARADAY TECHNOLOGY CORPORATION
SEMICONDUCTOR
GREENFILTEC.LTD
SEMICONDUCTOR
GREENYN BIOTECHNOLOGY CO., LTD.
MANUFACTURING
HUSHAN AUTOPARTS INC.
AUTOMOTIVE
NEFFUL INTERNATIONAL HOLDINGS PTE. LTD., TAIWAN BRANCH
DIRECT SELLING
PACIFIC SOGO DEPARTMENT STORES CO., LTD.
RETAIL
RAYDIUM SEMICONDUCTOR CORPORATION
SEMICONDUCTOR
SHIN KONG LIFE INSURANCE CO., LTD.
FINANCIAL SERVICES
TAI FUNG TRADING CO., LTD.
ENERGY
UNIVERGY SOLAR
ENERGY
YUAN JIN CHUANG ENTERPRISE CO., LTD.
FOOD & BEVERAGE
About Enterprise Asia
Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are an investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs, and other organizations to promote competitiveness and entrepreneurial development, uplift the economic status of people across Asia, and ensure a legacy of hope, innovation, and courage for future generations. Please visit www.enterpriseasia.org for more information.
About Asia Pacific Enterprise Awards
Launched in 2007, the Asia Pacific Enterprise Awards is the region's most prestigious award for outstanding entrepreneurship, continuous innovation, and sustainable leadership. The Award provides a platform for companies and governments to recognize entrepreneurial excellence, hence spurring greater innovation, fair business practices, and growth in entrepreneurship. As a regional award, it groups together leading entrepreneurs as a powerful voice for entrepreneurship and serves as a by-invitation-only networking powerhouse. The program has grown to encompass 16 countries/ regions and markets all over Asia. For further information, please visit www.apea.asia.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Asia Pacific Enterprise Awards (APEA) 2024 Celebrates Taiwan's Trailblazers in Inclusive Entrepreneurship
