The Needle Issue #5

28 May
Juan-Carlos-Lopez
Juan Carlos Lopez
Andy-Marshall
Andy Marshall

Last week’s ASGCT 2025 provided a stark contrast between excitement around DNA- and RNA-editing platforms and commercial interest in traditional gene replacement and cell therapy. Over the past few months, Pfizer decided to stop the commercialization of its hemophilia B gene therapy Beqvez, lentiviral gene therapy flagship Bluebird Bio agreed to acquisition by private-equity firms Carlyle and SK Capital Partners, and earlier this month, Vertex announced its was discontinuing its gene-therapy programs.The remarkable clinical progress achieved with base editing modalities over the past year was highlighted in an ASGCT keynote by Kiran Musunuru of the University of Pennsylvania on the ultra-rare condition carbamoyl-phosphate synthetase 1 (CPS1) deficiency. The fact that the UPenn group were able to design, preclinically validate and bring the treatment to a child in just 7 months is staggering:

Source: New England Journal of Medicine

Writing in the New England Journal of Medicine, the team led by Musunuru and Rebecca Ahrens-Nicklas describe the development of a personalized base-editing therapy with guide RNAs designed to remove the UGA stop codon in a neonate diagnosed with a Q335X variant of CPS1. Using an adenine base-editor, the team designed a bespoke, corrective therapy delivered in vivo using lipid nanoparticles (LNPs) comprising an ionizable amino lipid (ALC-0307), cholesterol, 1,2-distearoyl-sn-glycero-3-phosphocholine (DSPC), and a PEG lipid (ALC-0159).

After preclinical validation in cell lines, mice and non-human primates, the authors administered two intravenous doses of the base editor, dubbed ‘k-abe’ — 0.1 mg/kg at seven months of age and 0.3 mg/kg one month later. Following treatment, the patient tolerated increased dietary protein and showed a reduced need for ammonia-scavenging medication, with no serious adverse events. Long-term clinical outcomes and safety remain under evaluation.

One of the most striking features of the study is the speed of therapy development—from diagnosis to treatment in a mere seven months, during which the team had to create cell and mouse models of the disease, screen various base editors with guide RNAs covering the site of the mutation to identify the most efficient approach, carry out toxicological assays in non-human primates, and obtain FDA regulatory approval to treat the child. The workflow reported represents a blueprint for rapid development of customized gene-editing therapies for patients with ultra-rare variants and provides one of the first glimpses of a coming era in advanced therapeutics.

The FDA has taken a very progressive attitude regarding N-of-1 therapies that involve platform technologies such as base editing. An accompanying Editorial in the NEJM, authored by Peter Marks, former Director of the FDA’s Center for Biologics Evaluation and Research, elaborates on the need for a regulatory approach that takes advantage of the data from the elements that remain consistent from one therapeutic product to the next, while allowing the customization required for individual patients — in the case of base editors, a short sequence of guide RNA.

Of course, despite the openness of regulatory authorities, several hurdles remain before bespoke DNA and RNA editing therapies becomes a reality. Among them, manufacturing, scalability and distribution are particularly problematic, and represent the biggest challenges for big pharma to address before widespread adoption of such approaches. Also, existing lipid nanoparticles preferentially travel to the liver. Targeting other organs remains a huge challenge for the field so ultrarare liver disease will remain the option in reach for base editing in the near term. But despite these concerns, we think that the report by Musunuru and his colleagues is a milestone in the development of genetic medicines and underscores the potential of gene-editing approaches to deliver bespoke cures for ultra-rare diseases.

BioMetas and Life Science Nation Form Global Accelerator Alliance to Transform Early-Stage Therapeutics 

20 May

By Dennis Ford, Founder & CEO, Life Science Nation (LSN)

DF-News-09142022

BioMetas Group, a leading preclinical contract research organization (CRO), and Life Science Nation (LSN), a global leader in life science commercialization and capital formation, have joined forces to launch a strategic cross-border accelerator alliance. This partnership aims to reshape how early-stage therapeutic startups are sourced, developed, and scaled, combining scientific execution with commercialization readiness to build globally fundable companies.

The new alliance links BioMetas Innovator (Singapore) and LSN Labs (Boston) into a fully integrated platform. Together, they will select and support elite early-stage therapeutic assets from their shared networks in North America, APAC, and Europe.

At the heart of the partnership is a joint service-for-equity model designed to address one of the most persistent challenges in early-stage biotechs: the capital gap between scientific promise and commercial viability. By providing critical services in exchange for equity, both accelerators aim to empower promising startups that might otherwise stall due to limited funding.

“The early-stage ecosystem often fails not because of science, but because of timing, execution, and lack of access,” said Simon Hua, Founder of BioMetas. “By partnering with LSN, we combine rigorous preclinical testing with a global commercialization platform to help these companies reach key inflection points and engage the world.”

BioMetas will deliver milestone-based development and scientific validation through its CRO services. With a team of over 150 experienced scientists and deep experience across oncology, immunology, and other diseases, BioMetas provides a full suite of preclinical services, including in vivo / in vitro pharmacology, PK/PD modeling, biomarker discovery, protein science, and IND enabling package studies. These capabilities are offered under a service-for-equity structure, allowing startups to generate high-value, decision-driving data before raising their first institutional capital.

LSN will provide its entrepreneurial education curriculum, global partnering and roadshow training, access to its proprietary investor and licensing partner database, BD Assist meeting scheduling, and the tools needed to prepare and execute global roadshow campaigns. Companies will also gain exposure by participating in the RESI global partnering conferences that connect startups with capital investors and business development teams annually at five international events.

Launching with a 20-company pilot cohort, the alliance will apply a shared diligence framework to evaluate scientific potential and commercial readiness. Participating startups will gain access to targeted development services, curated partner matching, and cross-border exposure to capital and licensing partners.

Too often, scientific founders are left to navigate commercialization alone. The new program provides a structured bridge from discovery to global market engagement, giving founders the tools, systems, and support to thrive.

“This alliance creates a new engine for global therapeutic innovation,” said Dennis Ford, Founder of Life Science Nation. “It’s not just about helping scientists become entrepreneurs — it’s about giving them the infrastructure, the partners, and the roadmap to succeed on a global stage.”

This initiative marks the first step in building a scalable venture-building infrastructure for early-stage therapeutics. As the platform expands, startups will gain access not only to services and education, but to a growing ecosystem of capital partners and strategic collaborators committed to advancing breakthrough innovation.

Media Contact:
info@lifesciencenation.com
www.lifesciencenation.com | www.biometasgroup.com

Prep for BIO & RESI with the LSN Pharma BD Directory 

20 May

Sougato-DasThe two biggest biopharma licensing and investment events, BIO and RESI, respectively, will be in Boston mid-June. BIO will feature thousands of large pharma delegates seeking licensing candidates while RESI will have over 400 seed through series B investors and pharma external innovation scouts. If you’re targeting a pharma deal in the short or long term, you should know which pharmas are best fits for you, and you should be starting conversations with them already. This applies equally if you’re seeking funding or out-licensing. Earlier stage companies will want to court the early innovation scouts at RESI while later stage biotechs will want to target the BD&L scouts at BIO.

To help you determine which pharma partners are optimally aligned with your company and submit your non-confidential deck or proposal in advance of BIO and RESI, we’ve provided the LSN Pharma Directory. This guide lists the business development/licensing/partnering pages for the top pharmas and lets you instantly see their licensing goals. Get the conversation started (for follow-up at BIO and RESI) by leveraging the submission portals contained in the Directory. The hundreds of investors attending BIO will want to see that you have a solid exit plan and have a good sense of the competitive landscape. Check out the LSN Pharma Directory for free now!

Check Out the LSN Pharma Directory for Free now!

Aging and Longevity: Investing for Healthier Lifespans

20 May

Investing for a future of extended health and vitality

By Joey Wong, Director of Investor Research, Hong Kong BD, LSN

Joey-New-Headshot

The pursuit of longer, healthier lives is driving innovation across healthcare, from therapeutics and diagnostics to digital tools and lifestyle interventions. At RESI Boston this June, the Aging and Longevity: Investing for Healthier Lifespans panel will feature investors who are actively funding this rapidly evolving space.

Moderated by Fiona Miller, Managing Partner at quadraScope Venture Fund, this session will highlight how longevity-focused investors evaluate technologies, manage relationships with portfolio companies, and shape their strategies in a market that is increasingly at the intersection of science, wellness, and aging.

Panelists include:

Fiona-Miller
Fiona Miller

Managing Partner
quadraScope Venture Fund
(Moderator)
Caleb-Bell
Caleb Bell

Advisor
Beyond Next Ventures
Bettina-Ernst
Bettina Ernst

Director
BERNINA BioInvest
Ravi-Mistry
Ravi Mistry

Venture Partner / Officer & Founding Team Member
3i Partners
Alex-Strasser
Alex Strasser

Senior Associate
Apollo Health Ventures
Jeremy-Sohn
Jeremy Sohn

Managing Partner
P74 Ventures

Attendees will gain insight into how investors approach this sector, from sourcing and screening opportunities to assessing long-term impact and market readiness. Panelists will share how they develop partnerships with companies and what distinguishes compelling longevity solutions. The session will also offer forward-looking perspectives on where the aging and longevity space is headed, including opportunities and obstacles that innovators should be prepared for.

RESI Boston June is a cross-border partnering event that connects companies with investors across the healthcare and life science landscape. In addition to curated panels like this one, RESI includes expert workshops, the Innovator’s Pitch Challenge, one-to-one meetings through partnering, and extensive networking.

The Needle Issue #4

20 May
Juan-Carlos-Lopez
Juan Carlos Lopez
Andy-Marshall
Andy Marshall

Lipid nanoparticles (LNPs), like those used in the FDA-approved siRNA drug Onpattro, remain the delivery vehicle of choice for mRNAs, gene-editing and base-editing therapies. One drawback of intravenously administered LNPs is adsorption of apolipoprotein E triggers rapid liver uptake via low-density lipoprotein (LDL) and other receptors on hepatocytes. This results in a relatively short half-life and limit application of LNPs in other organs. Peter Cullis, from the University of British Columbia, and his team report in Nature Communications a new LNP design that promises to enhance their lifetime in the blood.

In previous work, the team had established that LNPs consisting of an oil droplet of ionizable lipid like MC3, surrounded by a monolayer of bilayer-forming lipids like egg sphingomyelin and cholesterol, further surrounded by a proper lipid bilayer lasted longer in the circulation. In their new study, they systematically modified the ratio of bilayer lipid to ionizable lipid (RB/I) and found that LNPs with RB/I=4 showed liposomal morphology, high mRNA encapsulation efficiency, and excellent transfection properties in vitro and in vivo. Moreover, these LNPs with high proportions of bilayer forming lipids lasted longer in the circulation and showed higher transfection efficacy in lymph nodes and pancreas than Onpattro-like LNPs.

Cullis and his colleagues propose that the prolonged blood circulation lifetime is attributed to reduced plasma protein adsorption. The transfection competency of liposomal LNP systems is attributed to export of the solid core containing mRNA from the LNP as the endosomal pH is lowered. Their transfection potency, in turn, appears to depend on the cytoplasmic release of complexes that include mRNA and ionizable lipid, complexes that are generated as the endosome matures and its pH decreases. This work represents a promising strategy to increase the therapeutic index of drugs delivered by LNPs.

The new LNPs are being developed by Nanovation Therapeutics, a preclinical startup co-founded by Cullis in 2021. In September, Nanovation clinched a $600 million deal with Novo Nordisk to license worldwide rights to its long-circulating LNPs for extra hepatic delivery of two base-editing therapies for rare genetic diseases, and up to five additional targets in cardiometabolic and rare diseases. Cullis is a serial entrepreneur who has founded several companies around lipid-based delivery systems for nucleic acid-based drugs, including Inex Therapeutics/Protiva Biotherapeutics/Tekmira/Arbutus Pharma and subsequently Acuitas Therapeutics, which developed the MC3 LNP for Onpattro in collaboration with Alnylam Pharmaceuticals. The group also collaborated with Drew Weissman of the University of Pennsylvania on LNPs for mRNA vaccines, which lead to their use in mRNA COVID-19 vaccines.

To be a broad platform for the liver and beyond, LNPs must compete with several other delivery modalities, such as viral vectors and conjugates. In liver delivery, triantennary GalNAc-conjugated siRNAs, which target asialoglycoprotein receptors on hepatocytes, are now the delivery vehicle of choice for liver-targeted siRNAs. Apart from circulation lifetime, another issue that LNPs must contend with is organ accessibility due to fenestrations in blood vessels. In the case of the liver, pancreas, and bone marrow, pores are greater than 60 nm, allowing LNPs access to tissue. For mRNA vaccines, blood filtering lymph nodes also represent an excellent LNP target. However, tissues, such as brain (with its accompanying blood brain barrier), muscle and kidney have much tighter fenestrations (<15 nm), presenting an uphill delivery challenge for intravenous LNPs.

Hot Investor Mandate: Venture Arm of Global Pharma Invests in Pre-Seed and Seed Stage Companies, Most Interested in Therapeutics and Data-Driven Technologies

20 May

A venture arm of a global pharmaceutical company with a market cap exceeding $11 billion, is actively investing in the early-stage healthcare sector. The firm focuses on pre-seed/seed-stage opportunities, with the initial investment range spanning 0.5-2 million. The firm is interested in opportunities globally with a focus in the US. The firm is open to both leading and co-investing and will consider board seats when leading the round. While the firm is mostly finance driven, the firm is able to bring in the strategic perspective if deemed necessary. 
 
The firm seeks companies with innovative sciences addressing highly unmet needs. The firm is focused on therapeutic, including cell and gene therapy, small molecules, radiopharmaceuticals, CRISPR, and data-driven technologies such as AI-driven drug discovery. The firm is interested in oncology, neurology, and rare diseases. Less invasive diagnostic technologies are also within the scope. The firm mostly works with companies in the preclinical to phase I stages. 
 
The firm focuses on finding promising science backed by strong IP. As an active investor, the firm supports portfolio companies through its extensive network and resources.

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com

Hot Investor Mandate: VC Arm of Service Provider Company Seeks to Invest in US and Europe Based Therapeutics Companies from Seed to Series B

20 May

A venture capital firm of a family-owned service provider seeks investments in Seed to Series A/B, with an initial check ranging between 3-7 million Euros. Follow-on investments are possible, and the firm may invest up to 15 million Euros throughout the life cycle. The firm is open to both leading and co-investing. The firm focuses on opportunities in Europe, UK and US. 
 
The firm is interested in early-stage therapeutic technologies. The firm is agnostic regarding modalities and indications, and is open to exploring different types of therapeutic assets. Additionally, the firm has invested in orphan drugs. While there is no strict mandate for the development phases of assets, having at least in-vivo data would generally be preferred. 
 
There are no specific requirements for companies’ management team. 
 

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com