Biocure Technology

Overview
Biosimilars?
Product stageSegments
Early
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Diversified Drug Developers
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Biocure Technology Inc. is a biopharmaceutical company focused on developing biosimilar products and CAR-T cell therapies. The company utilizes its proprietary genetic engineering technology platform to create biosimilars, which are biological products highly similar to FDA-approved reference products. One of Biocure's key biosimilar products in development is Interferon beta-1 billion, used for treating multiple sclerosis symptoms. In addition to biosimilars, Biocure is working on a CAR-T cell therapy designed to treat acute lymphoblastic leukemia. preclinical trial results for this therapy showed complete remission of cancerous cells within seven to 28 days from injection, with no toxicity symptoms. As of September 2023, Biocure Technology entered into an exclusive letter agreement with Atriva Therapeutics GmbH for a reverse takeover transaction. Upon completion of this transaction, the resulting entity is expected to continue the business of Atriva Therapeutics, with Atriva shareholders and concurrent financing subscribers collectively holding not less than 75% of the securities of the resulting issuer.

Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Vancouver BC CAN
Founded year:
2007
Employees:
11-50
IPO status:
Public
Total funding:
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Last Funding:
-
Last valuation:
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