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Data Center News > Blog > Investments > PK MED Receives €1.5M DeepTech Non-Dilutive Financing From Bpifrance
Investments

PK MED Receives €1.5M DeepTech Non-Dilutive Financing From Bpifrance

Last updated: July 24, 2024 11:25 am
Published July 24, 2024
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PK MED, a Lyon, France-based biotechnology firm, obtained €1.5M in non-dilutive DeepTech financing.

Bpifrance supplied the funding.

The corporate intends to make use of the funds to speed up its challenge PKM-02, an progressive cell-homing know-how aiming to reinforce bone marrow transplantation in a number of illnesses with excessive unmet medical want, equivalent to leukemias and hemoglobinopathies.

Led by CEO Gauthier Pouliquen, PK MED is a biotechnology firm, based in 2019 by Truffle Capital, creating injectable sensible implants for drug launch in rheumatology and cell homing for bone marrow transplantation. Its experience and technological know-how allow evolving current systemic remedies into new patented native therapies.

Its PKM-02 challenge relies on the event of a therapeutic implant domestically injected into the affected person’s bone marrow previous to allogeneic HSCT. This drug-based know-how, mixed with a biodegradable scaffold, is geared toward growing the homing of the transplanted cells, in addition to their subsequent engraftment. PKM-02 has proven in vitro outcomes, and PK MED is at present initiating preclinical research.

FinSMEs

24/07/2024

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See also  Province Receives Strategic Capital Investment From Trivest Partners
TAGGED: 1.5M, Bpifrance, DeepTech, Financing, MED, NonDilutive, receives
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