Appointment of Dr Thomas Jung as Chief Medical Officer

Appointment of Dr Thomas Jung as Chief Medical Officer

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Ø  Industry veteran clinician to lead the clinical development of Inflazome’s pioneering NLRP3 inflammasome inhibitors to treat inflammatory diseases

 

Ø  Appointment follows Inflazome’s recent successful €40m Series B financing

 

Ø  The NLRP3 inflammasome is now associated with a broad range of serious medical conditions driven by harmful inflammation; from neurological disorders such as Alzheimer’s and Parkinson’s, to cardiovascular, liver, kidney and inflammatory bowel diseases.

 

Dublin, Ireland and Cambridge, UK | 29th November 2018: Inflazome (inflazome.com), the pioneering inflammasome company, announces the appointment of Dr Thomas Jung M.D., Ph.D., as its Chief Medical Officer.

Dr Jung joins Inflazome’s senior management team to lead the clinical development of its potent and selective small-molecule inhibitors of the NLRP3 inflammasome. Dr Jung will oversee the company's global operations related to the development of Inflazome’s lead and next-generation compounds across a range of therapeutic indications; and will work collaboratively with Dr Jeff Thompson, Inflazome’s Head of Clinical Operations and Joanna Tufnell, Head of Regulatory Affairs.

Dr Matt Cooper, Co-Founder and CEO of Inflazome, commented: “Dr Jung has a long and successful track record in guiding pioneering medicines to the market. He brings significant breadth and depth in clinical immunology to the team. We look forward to working together to drive our novel immunotherapies through clinical trials to benefit patients affected by harmful inflammation.”

On his appointment Dr Jung commented: “I am delighted to join the Inflazome team. I see huge potential in Inflazome’s novel small molecules and their ability to transform patients’ lives in a variety of clinical indications. I am looking forward to working with physicians, scientists and patients to develop these new drugs and to deliver on the promise to modify inflammation for patients’ benefit”.

Dr Thomas Jung

Dr Jung is a M.D., Ph.D. physician-scientist with extensive experience in Translational Sciences, Preclinical and Clinical Development of small molecules and biologics.

 

During a distinguished career at Novartis, Dr Jung was a member of the Novartis Institute of Biomedical Research and Novartis Pharma for 13 years. His primary focus of immunological research was the study of innovative anti-inflammatory principles. He led the Canakinumab (Illaris®) Team in the US and EU, from bench to first approval for CAPS (Cryopyrin-Associated Periodic Syndromes, a rare monogenetic disease). Dr Jung was also central to its expansion strategy into indications such as systemic juvenile idiopathic arthritis, gout and other rare fever syndromes. He made a significant contribution to the exploration of Canakinumab in cardiovascular diseases and served as the Development Head for Immunology products and, subsequently, as Head of the Translational Medicine Group for Novartis Europe. Thereafter, Dr Jung served as Chief Development Officer and Chief Medical Officer for two biotechnology companies in Switzerland: Auris Medical and Delenex. Dr Jung is a board-certified Dermatologist and holds an Associate Professor position for Dermatology at the University of Göttingen, Germany.

 

About Inflazome

Utilizing the scientific expertise of our founders and advisors, Inflazome is leading the way in developing orally available drugs to address clinical unmet needs in inflammatory diseases by targeting the NLRP3 inflammasome, which is now understood to drive many chronic and acute inflammatory conditions from Alzheimer’s and Parkinson’s to cardiovascular, liver, kidney and inflammatory bowel diseases.

Headquartered in Dublin, Ireland, Inflazome was founded in 2016 by leading academics Prof. Matt Cooper, The University of Queensland (Australia) and Prof. Luke O’Neill Trinity College Dublin (Ireland), following a highly productive joint collaboration.

To advance its programs to clinical development, Inflazome recently closed a Series B financing of €40M / US$46M led by Forbion Capital Partners with Longitude Capital and Series A investors, Fountain Healthcare Partners and Novartis Venture Fund, also participating.

To learn more visit: inflazome.com

 

Contacts

 

Inflazome:

Dr Jeremy Skillington | VP Business Development

E: j.skillington@inflazome.com

T: +353 1 687 5003

 

Media:

Jonathan Neilan | FTI Consulting

E: jonathan.neilan@fticonsulting.com

T: +353 1 765 0886

 

Paddy Berkery | FTI Consulting

E: patrick.berkery@fticonsulting.com

T: +353 1 765 0884

Inflazome Completes €40m ($46m) Series B Financing to Develop NLRP3 Inflammasome Inhibitors to Clinical Proof-of-Concept

Inflazome Completes €40m ($46m) Series B Financing to Develop NLRP3 Inflammasome Inhibitors to Clinical Proof-of-Concept

Ø Financing led by Forbion, with Longitude Capital and founding investors, Novartis Venture Fund and Fountain Healthcare Partners, also participating

 

Ø Funding to advance clinical trials of Inflazome’s pioneering orally-available NLRP3 inflammasome inhibitor compounds in several inflammatory diseases

 

Ø NLRP3 is associated with harmful inflammation in a broad range of serious medical conditions including Alzheimer’s, Parkinson’s, inflammatory bowel disease, gout, osteoarthritis, liver, kidney and cardiovascular diseases

 

Dublin, Ireland and Cambridge, U.K. | 19 November 2018: Inflazome, a pioneering inflammasome company developing small molecule drugs that block harmful inflammation, today announces the successful completion of a Series B financing round of €40 million ($46 million). The financing round was led by Forbion, with Longitude Capital and founding investors, Novartis Venture Fund and Fountain Healthcare Partners, also participating.

 

Clinical and scientific data indicates that the NLRP3 inflammasome, a compelling biological target that regulates our innate immune response, is overactive in a broad range of serious medical conditions driven by harmful inflammation. These include neurological disorders such as Alzheimer’s and Parkinson’s as well as inflammatory bowel disease, gout, osteoarthritis, liver, kidney and cardiovascular diseases; conditions often inadequately treated by current therapies.

 

Inflazome is developing potent and selective small-molecule inhibitors of the NLRP3 inflammasome, to stop the cycle of chronic inflammation that drives such diseases. The Series B proceeds will be used to advance the Company’s first-in-class NLRP3 inflammasome inhibitors into multiple clinical trials in 2019, with next-generation compounds following thereafter.

 

Following the completion of the financing round, Dr Marco Boorsma, a General Partner at Forbion, and Dr David Hirsch, a Managing Director and Founder of Longitude Capital, have joined Inflazome’s Board of Directors.

 

Dr Matt Cooper, Co-Founder and CEO of Inflazome, commented: “We are very pleased to have secured a partnership with leading EU and US investors Forbion and Longitude and additional support from our founding investors, Novartis Venture Fund and Fountain Healthcare Partners. Forbion and Longitude have excellent track records of working closely with biotechs to drive R&D programs to successful clinical outcomes.”

 

Dr Marco Boorsma, General Partner at Forbion Capital Partners, commented: “Recognizing the important role of the inflammasome in many major diseases, we intensively screened the universe of companies active in this space. We decided to back Inflazome because of their leading position, deep understanding of inflammasome biology, foundational IP position and advanced and diversified pipeline of NLRP3 modulators.  We were also highly impressed with the experience and knowledge of the Company’s Management Team and Board.”

 

Dr David Hirsch, Managing Director and Founder of Longitude Capital, added: “We’re excited by the potential of NLRP3 inhibitors and look forward to generating robust human proof of concept data with this financing.”

 

Inflazome Chairman, Dr Manus Rogan and Co-Founder and Managing Partner of Fountain Healthcare Partners, commented: “Due to the breadth of therapeutic applications, the market potential for a successful small molecule inhibitor of NLRP3 is clearly very significant. It has been exciting to have been involved in the Inflazome story since its inception and to follow our investment in one of the largest European venture capital backed financing rounds in the biotech sector this year.”

About Inflazome 

Utilizing the scientific expertise of our founders and advisors, Inflazome is leading the way in developing rally available drugs to address clinical unmet needs in inflammatory diseases by targeting the NLRP3 inflammasome, which is now understood to drive many chronic inflammatory conditions. Headquartered in Dublin, Ireland, Inflazome was founded in 2016 by leading academics Prof. Matt Cooper, The University of Queensland (Australia) and Professor Luke O’Neill, Trinity College Dublin (Ireland), following a highly productive joint collaboration. For more information, please visit: inflazome.com 

About Forbion 

Forbion is a dedicated life sciences venture capital firm with offices in The Netherlands and Germany. Forbion invests in life sciences companies that are active in the (bio-) pharmaceutical space. Forbion’s investment team has built an impressive performance track record since the late nineties with successful investments in over 50 companies. Forbion manages well over EUR 1 billion across ten funds. Forbion is a signatory to the United Nations Principles for Responsible Investment. Besides financial objectives, Forbion selects investments that will positively affect health and well-being of patients. Its investors include the EIF, through its European Recovery Programme (ERP), LfA, Dutch Venture Initiative (DVI) facilities and AMUF facilities and the KFW through the ERP – Venture Capital Fondsfinanzierung facility. Forbion operates a joint venture with BGV, the manager of seed and early stage funds focused on Benelux and Germany. For more information, please visit: www.forbion.com 

About Longitude Capital 

Longitude Capital is a private investment firm that makes venture growth investments in biotechnology and medical technology companies that seek to improve clinical outcomes, enhance quality of life and/or reduce system costs. Longitude Capital invests in both privately held and publicly traded life science companies through a variety of investment approaches. Since 2006, Longitude Capital has raised over $1.2 billion across three funds and has offices in Menlo Park, CA and Greenwich, CT. For more information, please visit www.longitudecapital.com 

About Fountain Healthcare Partners 

Fountain Healthcare Partners is a life science focused venture capital fund with €176 million ($200 million) under management. Within the life science sector, specific areas of interest to Fountain include specialty pharma, medical devices, biotechnology and diagnostics. The firm deploys the majority of its capital in Europe, with the balance in the United States. Fountain’s main office is in Dublin, Ireland, with a second office in New York. www.fh-partners.com 

About Novartis Venture Fund 

Novartis Venture Fund is a corporate life science venture fund whose purpose is to foster innovation, drive significant patient benefit and generate superior returns by creating and investing in innovative life science companies at various stages of their development. For more information, go to www.nvfund.com 

Contacts 

Inflazome 

Dr Jeremy Skillington | VP Business Development 

E: j.skillington@inflazome.com

T: +353 1 687 5003 

Media 

FTI Consulting 

Jonathan Neilan 

E: jonathan.neilan@fticonsulting.com 

T: +353 1 765 0886 

Patrick Berkery 

E: patrick.berkery@fticonsulting.com

Validation of a new target in Parkinson’s Disease

Validation of a new target in Parkinson’s Disease

Innovative research was funded by The Michael J. Fox Foundation for Parkinson’s Research and the Shake It Up Australia Foundation

 

Dublin (IE), Cambridge (UK) | 31st October 2018: Inflazome Ltd, (“Inflazome”) is a pioneering biotech company developing small molecule drugs that stop harmful inflammation by targeting inflammasomes. Research leading towards a potential approach to Parkinson’s patients was published today in Science Translational Medicine. The study was co-authored by Inflazome Co-founder and Chief Executive Officer, Prof. Matt Cooper with research teams at The University of Queensland, Australia, led by A/Prof. Trent Woodruff.  Funding for these studies was provided by The Michael J. Fox Foundation for Parkinson’s Research and the Shake It Up Australia Foundation.

 

Parkinson’s disease is the second most common neurodegenerative disorder worldwide, affecting more than 10 million people.  It is characterised by the loss of dopamine-producing neurons, accompanied by chronic inflammation in the brain.  Inflazome has identified drugs to stop the chronic cycle of inflammation in the brain.  The researchers found that the tool compound MCC950, a potent inhibitor of the NLRP3 inflammasome, given orally once a day could stop neuroinflammation. MCC950 arrested the effects of Parkinson’s in several animal models of the disease, leading to reduced brain neuron loss and higher levels of dopamine.

 

NLRP3 inflammasome activation drives chronic inflammation and is implicated in many diseases - from Parkinson’s and Alzheimer’s to Asthma, Inflammatory Bowel Disease, Chronic Kidney Disease, Cardiovascular Disease, Arthritis and the liver disease, NASH. Inflazome is developing orally available drugs to address clinical unmet needs in these inflammatory diseases by blocking the activation of inflammasomes in our immune system.

 

Prof. Matt Cooper, Co-founder and CEO of Inflazome, commented:“We are indebted to The Michael J. Fox and Shake It Up Australia Foundations for supporting this work. We also thank those generous individuals affected by Parkinson’s who donated samples to aid medical research. Drug companies have tried for decades to develop medicines to combat neurodegenerative diseases by blocking the many different neurotoxins and amyloids that build up in the brain as we age.”

 

“The problem is that if one toxin is blocked by a drug, another may still build up and cause disease. In contrast, our line of research focuses not on individual toxins, but instead on the immune cells in our brains that clear amyloid and other neurotoxins. These cells, called microglia, normally protect us from infections that can lead to encephalitis and meningitis. However, as we age our immune system can become over-activated, which leads to neuroinflammation. Over-active microglia can no longer function as efficient ‘cleaners’ of neurotoxins, but instead contribute to long-term damage in the brain.”

 

The progression of Parkinson’s disease was studied using brain and blood samples donated by patients for medical research. The study demonstrated a key target in microglia, called the NLRP3 inflammasome, is highly activated in Parkinson’s. The same signals produced by inflammasome activation in human brains were seen in different pre-clinical models of Parkinson’s disease. A small molecule, MCC950, prevented the progression of Parkinson’s in these animal models, leading to reduced brain cell loss, and higher levels of dopamine and motor function to effectively ‘cool the brain on fire’.

 

Prof. Cooper added “We look forward to progressing this research through to clinical trials using our proprietary, improved drug candidates”.

 

Kuldip Dave, PhD, Director of Research Programs at The Michael J. Fox Foundation said, “Inflazome has validated a promising new target for Parkinson’s therapeutics and translated that finding into a potential drug to treat Parkinson’s disease. This is a key aspect of The Michael J. Fox Foundation’s research strategy, and we look forward to their candidate drug’s continued development.”  

 

“Shake It Up is proud and excited to be a part of the collaboration’s funding team, allowing highly  talented researchers an opportunity to create world leading breakthroughs that have the opportunity to be a game changer for people with Parkinson’s,” said Clyde Campbell, Founder and CEO of the Shake It Up Foundation.

A copy of the Science Translational Medicine paper can be found here

Contacts:

Inflazome

Dr. Jeremy Skillington | VP Business Development | j.skillington@inflazome.com | +353 1 687 5003

Media: 

Jonathan Neilan | FTI Consulting | jonathan.neilan@fticonsulting.com 

Paddy Berkery | FTI Consulting | patrick.berkery@fticonsulting.com 

Inflazome's CSO awarded The 2018 Seymour & Vivian Milstein Award for Excellence in Interferon and Cytokine Research

Inflazome's CSO awarded The 2018 Seymour & Vivian Milstein Award for Excellence in Interferon and Cytokine Research

Dublin (IE) | 08 May 2018: The International Cytokine and Interferon Society (ICIS) announced today that the Seymour and Vivian Milstein Award has been bestowed on two world leaders in deciphering the role of innate immunity in the host immune response. Inflazome's Chief Scientific Officer Luke O’Neill, PhD and Thirumala-Devi Kanneganti, PhD will share the 2018 Seymour and Vivian Milstein Award for Excellence in Cytokine and Interferon Research (“The Milstein Award”).

The Milstein Award recognizes achievements by biomedical research scientists who have made outstanding contributions to cytokine and interferon research, either in a basic or applied field. “This year the prestigious Milstein Award is presented to two scientists who have made major advances in understanding how our bodies recognize and respond to invasion by pathogens, and how this response can go wrong. The discoveries of Dr. Kanneganti and Dr. O’Neill are of profound clinical benefit to the treatment of major diseases in both immunity and cancer,” said Dr. Nancy Reich Marshall, President of the ICIS.

The 30th “Milstein Award” ceremony will be held at Cytokines 2018, the 6th Annual Meeting of the International Cytokine & Interferon Society on Saturday, October 27, in Boston, USA. 

Read the full ICIS press release here.

Inflazome responds to the CANTOS trial in The New England Journal of Medicine

Inflazome responds to the CANTOS trial in The New England Journal of Medicine

Dublin (IE), Cambridge (UK) | 11 January 2018: Inflazome's CSO Dr Luke O'Neill and CEO Dr Matt Cooper publish a letter to the editor in The New England Journal of Medicine (NEJM) today, commenting on the Canakinumab Antiinflammatory Thrombosis Outcome Study (CANTOS) by Ridker et al. that found reduced inflammation was associated with reduced cardiovascular risk.

To the Editor: In CANTOS, blocking interleukin-1β reduced the incidence of atherothrombosis and nonfatal stroke, and an additional analysis showed that patients who received the 300-mg dose of canakinumab had a total cancer mortality that was lower by 51% than those who received placebo and a lung-cancer mortality that was lower by 77%.1 The incidence of fatal infection was nearly twice as high in the pooled canakinumab groups as in the placebo group, a finding similar to that observed with the interleukin-1 receptor antagonist anakinra.2 The accompanying editorial by Harrington3 discussed the safety risk of interleukin-1β blockade.

Interleukin-1β is driven by multiple inflammasomes. As an alternative to inhibition of interleukin-1β, precise inhibition of a single inflammasome, NLRP3, is likely to be safer. NLRP3 is implicated in diseases of aging, such as atherosclerosis and neurodegenerative disorders. Selective NLRP3 inhibition will leave other inflammasomes to respond to infection. In addition, at the onset of severe infection, an orally available small molecule could be withdrawn, whereas canakinumab cannot. NLRP3 activation also drives interleukin-18, the clinical targeting of which is also safe.4

CANTOS has advanced our understanding of the clinical relevance of interleukin-1β and the NLRP3 inflammasome. This trial will drive the development and commercialization of an entirely new class of drugs.

References:

  1. Ridker PM, MacFadyen JG, Thuren T, et al. Effect of interleukin-1β inhibition with canakinumab on incident lung cancer in patients with atherosclerosis: exploratory results from a randomised, double-blind, placebo-controlled trial. Lancet2017;390:1833-1842

  2. Cabral VP, Andrade CA, Passos SR, Martins MF. Hkerberg YH. Severe infection in patients with rheumatoid arthritis taking anakinra, rituximab, or abatacept: a systematic review of observational studies. Rev Bras Reumatol Engl Ed 2016;56:543-550

  3. Harrington RA. Targeting inflammation in coronary artery disease. N Engl J Med2017;377:1197-1198

  4. McKie EA, Reid JL, Mistry PC, et al. A study to investigate the efficacy and safety of an anti-interleukin-18 monoclonal antibody in the treatment of type 2 diabetes mellitus. PLoS One 2016;11:e0150018-e0150018
     

Read the full article in NEJM here.

Inflazome Appoints Renowned Harvard Cardiologist to its Scientific Advisory Board

Inflazome Appoints Renowned Harvard Cardiologist to its Scientific Advisory Board

Prof. Paul Ridker joins Inflazome’s Scientific Advisory Board

Dublin (IE), Cambridge (UK) | 04 January 2018: Inflazome Ltd, a biotech company developing small molecule drugs that stop harmful inflammation, today announces the appointment of Prof. Paul Ridker to Inflazome’s Scientific Advisory Board. Prof. Ridker is a leading scientific expert in cardiovascular disease and is renowned for his work on inflammation and its role in heart disease. Medical researcher and the Eugene Braunwald Professor of Medicine at Harvard University, Prof. Ridker also directs the Center for Cardiovascular Disease Prevention at the Brigham and Women’s Hospital in Boston, Massachusetts.

Dr. Matt Cooper, Co-founder and CEO of Inflazome Ltd, commented: “We’re delighted to welcome Prof. Paul Ridker to Inflazome’s Scientific Advisory Board. Prof. Ridker is a world-renowned cardiologist who has clinically validated the link between inflammation and heart disease. His work has been instrumental in understanding biological mechanisms of heart disease and developing therapeutic approaches to treat the disease. At Inflazome, we are dedicated to improving lives by delivering new medicines that stop inflammation. Prof. Ridker’s scientific and medical expertise will be invaluable to the development and progress of science as we expand our pipeline of novel inflammasome inhibitors into the cardiovascular disease space. Following the recent appointments of Prof. Frances Balkwill and Dr. David Morris, Prof. Ridker’s appointment complements and augments the strength of our Scientific Advisory Board, whose contributions will help us achieve our mission; to improve lives by delivering new medicines that stop harmful inflammation.”

Paul M. Ridker, MD, Brigham and Women’s Hospital, Boston, commented: “I am pleased to be joining Inflazome’s Scientific Advisory Board. I believe the NLRP3 inflammasome plays a critical role in driving inflammation associated with cardiovascular disease and that orally bioavailable inhibitors may have the potential to make a significant impact on heart disease patients.  I look forward to contributing my knowledge and expertise to help achieve this goal.”

About Prof. Paul Ridker

Prof. Paul M. Ridker MD, MPH, FACC is a Eugene Braunwald Professor of Medicine at Harvard Medical School and serves as a Director of the Center for Cardiovascular Disease Prevention at Brigham and Women's Hospital. Prof. Ridker specialised in atherosclerosis and cardiovascular disease including the role of inflammation in the disease process and the role of CRP.

Prof. Ridker’s particular areas of interest involve molecular and genetic determinants of hemostasis, thrombosis, and inflammation with a focus on "predictive medicine", early disease diagnosis, and the underlying causes and prevention of acute coronary syndromes. His research efforts are primarily supported by RO1 research grants from the National Heart, Lung, and Blood Institute (NHLBI), a Distinguished Clinical Scientist Award from the Doris Duke Charitable Foundation, and through philanthropic research grants from the Leducq Foundation and the Donald W Reynolds Foundation.

Prof. Ridker has been the recipient of a Clinician Scientist Award (1992-1997), an Established Investigator Award (1997-2002), and a Distinguished Scientist Award (2013) from the American Heart Association. His pioneering work on inflammation, CRP, and atherothrombosis, was also recognized by Time Magazine who named him among America's Ten Best Researchers in Science and Medicine in 2001 and as one of the "Time 100" in 2004.

In addition to his work in cardiovascular epidemiology, Prof. Ridker has been the Principal Investigator or Study Chairman of several multinational clinical trials including PREVENT, PRINCE, Val-MARC, LANCET, JUPITER, SPIRE-1, SPIRE-2, as well as the Canakinumab Anti-Inflammatory Thrombosis Outcomes Study (CANTOS) and the NHLBI-funded Cardiovascular Inflammation Reduction Trial (CIRT), both designed to directly test the inflammatory hypothesis of atherothrombosis. Prof. Ridker is also Trial Chairman of PROMINENT, an ongoing study of triglyceride reduction among patients with diabetes.

Prof. Ridker is the author of over 800 original articles and 5 textbooks related to cardiovascular medicine. A frequent invited lecturer at national and international conferences, he is also a member of multiple editorial boards and co-inventor on patents filed by the Brigham and Women's Hospital that relate to the use of inflammatory biomarkers in cardiovascular disease.

 

Members of Inflazome’s Board of Directors include:

•                Dr. Manus Rogan, Chair, Managing Partner, Fountain Healthcare Partners

•                Dr. Matt Cooper, Co-founder & Chief Executive Officer

•                Florent Gros, Managing Director, Novartis Venture Fund

•                Prof. Luke O’Neill, Co-founder & Chief Scientific Officer

•                Dr. Dhavalkumar Patel, Independent Director

Members of the Inflazome’s Scientific Advisory Board include:

•                Prof. Luke O’Neill, Trinity College Dublin

•                Prof. Frances Balkwill, Queen Mary University of London

•                Dr. Douglas Golenbock, University of Massachusetts Medical School

•                Dr. Veit Hornung, Ludwig Maximilian University of Munich

•                David Morris, MD, Novartis Venture Fund

•                Prof. Mihai G. Netea, Nijmegen University

•                Paul M. Ridker, MD, Brigham and Women’s Hospital

About Inflazome

Utilising the scientific expertise of our founders and advisors, Inflazome is leading the way in developing orally available drugs to address clinical unmet needs in inflammatory diseases by targeting the inflammasome, which is now thought to drive many chronic inflammatory conditions.

Headquartered in Dublin, Ireland, Inflazome was founded by leading academics Prof. Matt Cooper, The University of Queensland (Australia) and Prof. Luke O’Neill, Trinity College Dublin (Ireland), following a highly productive joint collaboration. inflazome.com

Founding investors are Fountain Healthcare Partners (Dublin, Ireland) and Novartis Venture Fund (Basel, Switzerland).

About Fountain Healthcare Partners

Fountain Healthcare Partners is a life science focused venture capital fund with €176 million ($200 million) under management. Within the life science sector, specific areas of interest to Fountain include specialty pharma, medical devices, biotechnology and diagnostics. The firm deploys the majority of its capital in Europe, with the balance in the United States. Fountain’s main office is in Dublin, Ireland, with a second office in New York. fh-partners.com 

About The Novartis Venture Fund

The Novartis Venture Fund (NVF) manages over $700 million in committed capital. NVF invests in companies that have the potential to change a core therapeutic field or explore new business areas that will be critical to patient care. NVF’s primary interest is in the development of novel therapeutics and platforms as well as medical devices, diagnostics, and delivery systems. The Funds invest for financial objectives at all stages, but prefers to invest in the early-stages of company development. With investment professionals located in Basel, Switzerland and Cambridge, MA the team has extensive experience in pharmaceutical R&D and venture capital. nvfund.com

 

Contacts:

Inflazome

Dr. Jeremy Skillington | VP Business Development | j.skillington@inflazome.com | +353 1 679 8591
Ruth Neale | Communications and Outreach |r.neale@inflazome.com  | +44 1223 751549

Inflazome's CSO wins Trinity Provost Innovation Award

Inflazome's CSO wins Trinity Provost Innovation Award

Dublin, Ireland – 28 November, 2017 - Researchers at Trinity College Dublin were acknowledged for their innovative research and entrepreneurship at the Trinity Innovation Awards 2017 special awards ceremony last night [November 27th, 2017].

The highest accolade, the Provost Innovation Award went to Inflazome’s Chief Scientific Officer and TCD Professor of Biochemistry, Luke O’Neill for his outstanding contribution to innovation throughout his career. Read the full story here.

 

Inflazome Appoints Renowned Scientific, Industry & Clinical Experts

Inflazome Appoints Renowned Scientific, Industry & Clinical Experts

-      Prof. Frances Balkwill, OBE FMedSci, and Dr. David Morris join Inflazome’s Scientific Advisory Board

-      Dr. Dhavalkumar Patel, Executive Vice President and Chief Scientific Officer of UCB, appointed to Inflazome’s Board of Directors

Dublin (IE), Cambridge (UK) | 28 November 2017: Inflazome Ltd, the biotech company developing small molecule drugs that stop harmful inflammation, today announces the appointment of three leading scientific, industry & clinical experts to its Scientific Advisory Board and Board of Directors.

Prof. Frances Balkwill, OBE, FMedSci, a scientific expert in cancer biology joins Inflazome’s Scientific Advisory Board from Queen Mary University of London, where she leads the Centre for Cancer and Inflammation. With a clinical, scientific background and extensive operational experience, Dr. David Morris also joins the Scientific Advisory Board from Novartis Venture Fund. Furthermore, Dr. Dhavalkumar Patel, Executive Vice President and Chief Scientific Officer of global biopharma company UCB, based in Brussels, Belgium, has been appointed to Inflazome’s Board of Directors as an Independent Director, following a distinguished career in Novartis.

Dr. Matt Cooper, Co-founder and CEO of Inflazome Ltd, commented: “We’re delighted to welcome these renowned and accomplished experts to Inflazome. Prof. Balkwill’s knowledge of translating cancer biology and its links to inflammation will progress the development of anti-inflammatory drugs in the field of oncology. Dr. Morris’s and Dr. Patel’s experience and guidance will be instrumental as we transition Inflazome’s research programmes into clinical development and expand our pipeline of novel inflammasome inhibitors. These appointments significantly augment Inflazome’s senior advisory team and their contributions will help us towards achieving our mission; improving lives by delivering new medicines that stop harmful inflammation.”

Prof. Frances Balkwill, OBE FMedSci, commented: “I’m excited to join Inflazome’s Scientific Advisory Board and contribute to their outstanding scientific underpinnings. Understanding the role inflammasomes play in driving tumour progression could deliver innovative cancer therapies from Inflazome’s portfolio of potent and selective NLRP3 inhibitors.”

Dr. David Morris, Novartis Venture Fund, commented: “Inflazome is attacking harmful inflammation which causes many of our most challenging medical conditions today. I‘m pleased to join the Scientific Advisory Board to help steer the company forward to develop potential new and necessary treatments for patients.”

Dr. Dhavalkumar Patel, Executive Vice President and Chief Scientific Officer, UCB, commented: “I’m excited to join Inflazome’s Board of Directors to help guide Inflazome’s pipeline of drugs that target aberrant, innate immune system activation. The company has an advanced portfolio of potent drug leads and drug candidates, led by an accomplished management team with a wide range of expertise and capabilities.”

 

About Prof. Frances Balkwill

Prof. Frances Balkwill OBE FMedSci is Professor of Cancer Biology at Barts Cancer Institute, Queen Mary University of London where she leads the Centre for Cancer and Inflammation. She studies the links between cancer and inflammation, with a special interest in translating knowledge of cancer biology into new biological treatments for cancer, the role that inflammatory cytokines play in cancer promotion and novel ways of modelling the human tumour microenvironment. Prof. Balkwill runs a research centre of approximately 30 scientists, postgraduate students and clinicians. She is an author on 250+ scientific papers and reviews and has written and edited a number of academic books on her subject. In 2006, she was made a Fellow of the Academy of Medical Sciences and has served on its Council.

About Dr. David Morris

Dr. Morris joined Novartis in Basel in 2009 and has held multiple positions within the organization including the Development Franchise head for Respiratory and Primary Care. His team were responsible for the clinical development, regulatory approvals and lifecycle management of multiple Novartis medications including new treatments for serious respiratory diseases (Chronic obstructive pulmonary disease (COPD), asthma, pulmonary hypertension) and diabetes. He also held overall responsibility for global clinical operations, quantitative sciences, digital innovation, development informatics, and global clinical research capabilities development for Novartis Global Drug Development. In September 2016, he transitioned to the Novartis Venture Fund to leverage his basic and clinical scientific background and operational experience to better speed the discovery and development of new medicines by working closely with external entrepreneurs and venture backed start-ups.

About Dr. Dhavalkumar Patel

Dr. Dhavalkumar Patel joins Inflazome as an Independent Director on the Board of Directors. Dr Patel brings extensive experience in drug discovery in industry. During a 10 year career in Novartis, he led Research in Europe and the Autoimmunity, Transplantation and Inflammation Disease Area which contributed to the registration of several leading drugs in multiple indications. Dr Patel has most recently been appointed Executive Vice President and Chief Scientific Officer, UCB, the global biopharmaceutical company.

 

Members of Inflazome’s Board of Directors include:

•                Dr. Manus Rogan, Chair, Managing Partner, Fountain Healthcare Partners

•                Dr. Matt Cooper, Co-founder & Chief Executive Officer

•                Florent Gros,  Managing Director, Novartis Venture Fund

•                Prof. Luke O’Neill, Co-founder & Chief Scientific Officer

•                Dr. Dhavalkumar Patel, Independent Director
 

Members of Inflazome’s Scientific Advisory Board include:

•                Prof. Luke O’Neill, Trinity College Dublin

•                Dr. Douglas Golenbock, University of Massachusetts Medical School

•                Prof. Veit Hornung, Ludwig Maximilian University of Munich

•                Prof. Mihai G. Netea, Nijmegen University

•                Prof. Frances Balkwill, Queen Mary University of London

•                Dr. David Morris, Novartis Venture Fund

 

About Inflazome

Utilising the scientific expertise of our founders and advisors, Inflazome is leading the way in developing orally available drugs to address clinical unmet needs in inflammatory diseases by targeting the inflammasome, which is now thought to drive many chronic inflammatory conditions.

Headquartered in Dublin, Ireland, Inflazome was founded by leading academics Prof. Matt Cooper, The University of Queensland (Australia) and Prof. Luke O’Neill Trinity College Dublin (Ireland), following a highly productive joint collaboration. inflazome.com

 

Founding investors are Fountain Healthcare Partners (Dublin, Ireland) and Novartis Venture Fund (Basel, Switzerland).

About Fountain Healthcare Partners

Fountain Healthcare Partners is a life science focused venture capital fund with €176 million ($200 million) under management. Within the life science sector, specific areas of interest to Fountain include specialty pharma, medical devices, biotechnology and diagnostics. The firm deploys the majority of its capital in Europe, with the balance in the United States. Fountain’s main office is in Dublin, Ireland, with a second office in New York. fh-partners.com  

About The Novartis Venture Fund

The Novartis Venture Fund (NVF) manages over $700 million in committed capital. NVF invests in companies that have the potential to change a core therapeutic field or explore new business areas that will be critical to patient care. NVF’s primary interest is in the development of novel therapeutics and platforms as well as medical devices, diagnostics, and delivery systems. The Funds invest for financial objectives at all stages, but prefers to invest in the early-stages of company development. With investment professionals located in Basel, Switzerland and Cambridge, MA the team has extensive experience in pharmaceutical R&D and venture capital. nvfund.com 

Contacts:
Dr. Jeremy Skillington | VP Business Development | j.skillington@inflazome.com | +353 1 679 8591
Ruth Neale | Communications and Outreach | r.neale@inflazome.com | +44 1223 751549

Inflazome’s Chief Scientific Officer ranked in the top 1% of the world’s Immunologists

Inflazome’s Chief Scientific Officer ranked in the top 1% of the world’s Immunologists

Dublin, Ireland – 24 November, 2017 -  Inflazome’s Co-Founder and Chief Scientific Officer, Professor Luke O’Neill, has been ranked in the top 1% of highly cited immunology researchers by Clarivate Analytics, a global leader in insights and analytics. Prof. O’Neill’s academic group at Trinity College Dublin works on the molecular basis of innate immunity and inflammation.

Clarivate Analytics list for 2017 also includes Inflazome Scientific Advisory Board member Professor Veit Hornung, who also works in immunology based at Ludwig-Maximilians University, Munich, Germany.

Highly Cited Researchers are leading the way in solving the world’s biggest challenges, states Clarivate Analytics. The list is based off data that the company collects from its “Web of Science” platform, which is a database of over 33,000 scientific journals. The list is composed of over 3,300 researchers who have a high number of published papers which appear in the top 1% of most-cited in their research area over the last 11 years. The full 2017 list can be found here.

Inflazome Expands Management Team

Inflazome Expands Management Team

Inflazome announces the appointment of two industry leaders with extensive drug discovery and development expertise to its Management Team

Inflazome Closes Series A Financing

Inflazome Closes Series A Financing

Inflazome raises $17m from Novartis Venture Fund and Fountain Healthcare Partners to develop treatments for chronic inflammatory diseases.