iBio, Inc.

AI-Powered Precision Antibody Therapeutics

General Information
Company Name
iBio, Inc.
Founded Year
2008
Location (Offices)
San Diego, United States +2
Founders / Decision Makers
Number of Employees
50
Industries
Biotechnology, Robotics
Funding Stage
Post Ipo Equity
Social Media

iBio, Inc. - Company Profile

iBio, Inc. is a biotechnology startup founded in 2008, based in the United States, with a mission to develop safer and more effective immunotherapies for challenging cancers through their Discovery Platform. The company's slogan "AI-Powered Precision Antibody Therapeutics" highlights their use of artificial intelligence to guide drug discovery, making therapeutic development smarter, more precise, and faster. With a focus on hard-to-drug targets, iBio has $15.00M in Post-IPO Equity investment as of 26 March 2024 from investors including Ikarian Capital, Lynx1 Capital Management, and ADAR1 Capital Management. iBio's approach addresses the essential challenge in developing antibody drugs, which traditionally involves a high degree of randomness and time-consuming, costly methods. The company's nine immuno-oncology candidates in the pipeline aim to target solid tumors, glioblastoma, and head and neck cancers. By utilizing their Discovery Platform, iBio is poised to revolutionize the precision and efficiency of therapeutic development. This approach is expected to yield a higher success rate in bringing potentially life-saving drugs to market, thereby challenging the status quo in drug discovery and development.

Taxonomy: AI-powered drug discovery, Precision medicine, Immunotherapy, Antibody therapeutics, Biopharmaceuticals, Cancer treatment, Artificial intelligence in drug development, Monoclonal antibodies, Biologics production, Green plant transient gene expression, Bioprocessing technology, Drug target identification, Immuno-oncology, Biosimilar products, Pandemic disease response

Funding Rounds & Investors of iBio, Inc. (6)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $15.00M 3 Lynx1 Capital Management, ADAR1 Capital Management 26 Mar 2024
Post-IPO Equity $3.50M - 06 Dec 2022
Post-IPO Debt $22.38M 1 Woodforest National Bank 01 Nov 2021
Post-IPO Equity $2.20M - 10 Feb 2016
Post-IPO Equity $7.07M - 13 Nov 2010

View All 6 Funding Rounds

Latest News of iBio, Inc.

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