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CasInvent Pharma, a New University Spin-Off Focused on Developing Cancer Drugs Established with Help of i&i Prague! A new spin-off company, CasInvent Pharma, a.s., has been established by Masaryk University (MU) in cooperation with its investment partner, i&i Prague, s.r.o. (Ltd), in order to facilitate further development of new compounds that could be used to treat certain types of leukaemia, lymphoma and solid tumours. The company will test the compounds that inhibit the enzyme Casein Kinase 1 (CK1) which is responsible, among other things, for the migration of leukaemia cells into lymphoid organs. The research groups of Vitězslav Bryja and Kamil Paruch from the Faculty of Science MU have been studying and developing these compounds for a long time now. Thanks to the newly-established company, they will be able to finish the preclinical stage of the development of these prospective drugs and move on to clinical trials of the most promising compounds. ​ “The main reason behind establishing this spin-off company is the fact that it is virtually the only option to commercialize this technology, which is still in early stages of development, and advance the research to such stage that it catches the interest of big investors from the pharmaceutical industry,” says the director of Technology Transfer Office MU, Eva Janouškovcová, as to why the joint-stock spin-off company was established with the university as one of its stakeholders. ​ “The i&i Prague company searchs and supports the most promising technologies and the highest quality projects. We have known for a long time that the inhibitors of CK1 are the most promising Czech projects. I am glad that Masaryk University has chosen the i&i Prague as a strategic partner for this project. I believe that we will be able to make significant progress towards clinical trials in the development of the drug, attract other co-investors and international partners and enable the practical use of these new substances as soon as possible thanks to the establishment of the CasInvent Pharma company,” said the CEO of i&i Prague, Jaromír Zahrádka. ​ The CasInvent Pharma spin-off will continue developing the promising results of the scientific teams which led to the patenting of the inhibitors, i.e. compounds that significantly decrease or completely inhibit the activity of CK1 and can be used to treat e.g. certain types of leukaemia. More specifically, the B-Cell Chronic Lymphocytic Leukaemia (CLL) and the Acute Myeloid Leukaemia (AML). ​ CLL characteristically causes the accumulation of dysfunctional cancer cells in the blood and their migration to lymph nodes, liver, spleen and bone marrow, which causes further complications such as enlargement of organs, immunodeficiency, anaemia and other. The aggressiveness of the disease then depends on the interaction of these dysfunctional cells with their immediate surroundings – so-called microenvironment. This interaction leads to tumour cells dividing uncontrollably. ​ The inhibitors of CK1 can effectively stop the migration of the leukaemia cells to lymphoid organs, which prevents them from being damaged and hinders the spreading of CLL. AML, which is one of the most aggressive and difficult-to-treat types of leukaemia, has CK1 working in a different way. Based on the current results, the scientists expect the new compounds to initiate programmed cell death (so-called apoptosis) in leukaemia cells. ​ Targeting interactions in the microenvironment, regulating apoptosis and inhibiting migration mechanisms can be successfully used with other forms of cancer as well, e.g. solid tumours the growth and spreading of which often depends on roughly the same principles. ​ CasInvent Pharma joined the ranks of the other 17 spin-off companies Masaryk University helped to establish. The purpose of these spin-off companies is mainly to utilize the university’s intellectual property and increase its value. The university grants companies intellectual property licensing agreements and, in some cases, it even owns shares of the company. As a result, the spin-off companies established by the university bring profit to all the parties involved: for the university, it is the best way to appreciate its intellectual property, the spin-off company gains a competitive advantage on the market and, last but not least, the end product reaches the consumer more quickly

Latest News We help inventions grow! Mar 11 2024 This fall Prague will be the stage for a showcase of cutting-edge biotechnologies featuring prominent figures such as Christian A. Stein, Petr Jansa, and other leading experts. The capital city of the Czech Republic is set to host the second Prague.bio Conference on September 24th 2024. The event unites top minds in biotechnology, representatives from major investment funds, technology transfer law specialists and other professionals from the biotech and medtech sectors. For ticket purchases, the project registration form and the latest news visit: www.conference.prague.bio . Read more Nov 30, 2024 CasInvent Pharma raises € 1.6 million from i&i Prague and Other Investors to Support the Development of CK1 Inhibitors for Treatment-Resistant Solid and Hematological Tumours CasInvent Pharma, a university spin-off focused on developing anti-cancer compounds, has successfully closed the Pre-Series A funding round, raising a total of € 1.6 million from both existing and new investors. Founded in 2020 as a spin-off from Masaryk University in Brno and with the support of i&i Prague, CasInvent Pharma specializes in the development of highly selective inhibitors targeting the casein kinase 1 enzyme family.... Read more Nov 30, 2023 ​ IOCB Tech Group Successfully Represents the Czech Republic at the Prestigious Biotech Conference BIO-Europe 2023 Over 5,000 participants from more than 50 countries and a total of over 30,000 official meetings – that was the outcome of this year's edition of the international BIO-Europe conference in Munich. The Czech Republic was represented by the companies IOCB Tech, i&i Prague, and i&i Biotech Fund (i&i Bio)... Read more Apr 25, 2023 The Prague.bio international conference will bring together the best of science and business in Prague. The first edition of the Prague.bio international conference will offer a unique meeting of representatives from science and business who will exchange their experiences in the development of new drugs, diagnostics, medical technologies and other areas of biotechnology. The event is supported by the Czech government and will feature renowned experts from the world of BioTech. Read more Feb 7, 2023 New startup in our portfolio: Sophomer's technology will make immunoassays faster, easier and cheaper The academic startup Sophomer today announced the signing of a licensing agreement to commercialize a technology that can replace the traditionally used bovine serum albumin (BSA) in immunoassays. The newly licensed technology has been developed in collaboration between the Institute of Macromolecular Chemistry of the CAS (IMC), Elisa Development and the bio-innovation center i&i Prague. The signing of the license agreement also officially accelerated the activities of the startup... Read more Feb 6, 2023 Czech liquid biopsy startup Elphogene comes under full control of one of the founders Czech biotechnology start-up Elphogene who pioneered cancer monitoring through its liquid biopsy technology has announced a change in its shareholder structure. The new and sole owner is now Marek Minarik, one of the two original founders of the company. In the portfolio of the bio-innovation centre i&i Prague, Elphogene was one of the oldest startups. Now our mission is over. Read more Dec 23, 2022 We are looking for new Antonin Holy and new drugs and diagnostics that can have a global impact and success "i&i Bio invests in technology transfer with a strong focus on healthcare. We look for unique technologies that come from Czech and foreign science. We always try to find something new and unique, something that could bring great benefit to patients and also to our investors," says Jaromír Zahrádka for Fintag.cz. The podcast is in the Czech language. Read more i&i Prague Highlights Other news Interview with Jaromír Zahrádka: Investments help science to serve people Read more The judges at Transfera Technology Day 2021 awarded the cream of the crop Read more i&i Prague supports the innovative PEP-Therapy in their extension of the Series-A ... Read more Enantis concluded a license agreement for the production of stabilised growth factor FGF2 Read more PerioTrap Pharmaceuticals Raises €3M Seed Round to Develop Selective ... Read more Elphogene received a TA CR grant for “Sample prep system and technology for cancer ..." Read more Our notes from a trip to “The most startup friendly country in the whole world” Read more Spin-off CasInvent Pharma receives the Neuron Award for excellent Technology Transfer Read more Licensing agreement for a novel SARS Cov-2 virus neutralization antibody test was signed Read more i&i Prague supported LAM-X a.s. won the 2020 EIT Health MedTech Bootcamp final ... Read more UCT Prague entered in memorandum with i&i Prague, s.r.o. Read more i&i Prague announces its first exit, DIANA Biotechnologies is bought out by its founders Read more i&i Bio, the newly estabilished investment fund powered by i&i Prague and EIF Read more Green chemistry start-up Sulfotools closes seed round with i&i Prague Read more CasInvent Pharma, an University Spin-Off Focused on Developing Cancer Drugs... Read more Dracen Announces the Initiation of First-in-human Study of DRP-104 in Adult Patients With ... Read more Earlier news: 2020 Earlier news: 20219 - 2018

< Back Prague startup RIOCATH had recently entered market with its world-unique catheter! RIOCATH Global, a company established in collaboration with IOCB Tech, has developed a revolutionary type of catheter based on world-unique technology applicable for all tubular medical devices. Since its birth in 2014, the Riocath team has been cooperating with the IOCB Prague Development Center ( http://dc.uochb.cz/ ). The company is financed by private investors who already invested more multiple millions EUR in the invention development. i&i Prague is among shareholders and supports the Riocath team in its business development activities, IPR protection and partnering. One of the first clinically significant applications of the RIOCATH technology is Rectal tube RIOCATH ( https://www.nabolavebrisko.cz/en/home-page/ ) for babies which entered a market in late 2019. Furthermore, the new urinary catheter based on the RIOCATH design and principle should enter market soon. The RIOCATH design can greatly reduce the risk of introducing infection into the body as well as the trauma of sensitive tissues, mainly faced by patients who use these devices repeatedly. ​ The double-skinned RIOCATH catheters application ensure, that the casing of the catheter does not move through the inside (such as the urethra) as is common with all other catheters, but the outer casing of the catheter is unpacked at the top of the catheter and gradually lengthens the wall around the perimeter. This principle prevents damages and insertion of infection in the patient body. ​ To learn more about this company: Riocath website. Previous Next

CasInvent Pharma Raises €1.3 Million from KHAN-I and i&i Biotech Fund to Support the Development of New Casein Kinase 1 Inhibitors for the Treatment of Leukemias and Solid Tumors Prague, Czech Republic, September 13th, 2022. CasInvent Pharma, an early-stage drug discovery company developing small-molecule compounds with anticancer properties, has raised a follow-up investment round of €1.3 million provided by KHAN Technology Transfer Fund I (KHAN-I) and i&i Biotech Fund (i&i Bio). With this funding, CasInvent Pharma will be strengthening its portfolio of casein kinase inhibitors and progressing its lead compound to the development candidate status. The company CasInvent Pharma is developing proprietary, highly selective inhibitors of enzymes belonging to the casein kinase 1 (CK1) family, which play an important role in several disease-related processes, including the migration of leukemia cells into lymphoid organs. The small-molecule inhibitors are designed to target individual isoforms of CK1 and thereby selectively eradicate leukemic cells. The CasInvent inhibitors have shown promising effects on hard-to-treat leukemias, suggesting their potential use in diseases that currently have limited treatment options. Overall, approximately 500,000 new cases and more than 300,000 deaths due to leukemia were recorded worldwide in 2020. ​ CasInvent Pharma will also explore the potential of its CK1 inhibitors for the treatment of other cancers, such as solid tumors. “We are confident that through the support of our investors, we will be able to advance our compounds faster into the clinic and to demonstrate the therapeutic anticancer effects of CK1 inhibition in patients. This step will render CasInvent attractive for larger pharma companies, as it will enable them to expand their portfolio with new compounds useful in single-agent as well as combination therapies,” says Vojtěch Helikar, CEO of CasInvent Pharma. “CK1 inhibition provides a novel mechanism of action in different cancer indications, which needs to be exploited in the clinic. We believe that our compounds have the potential to offer novel alternatives of cancer treatment for patients with a high unmet medical need,” adds Alexander Scheer, CSO of CasInvent Pharma. ​ High quality of the research team and the strong support The company CasInvent Pharma was established in 2020 as a spin-off of Masaryk University (MU) in cooperation with the investment partner i&i Prague. “The investment of €1.3 million further confirms the quality of the scientific project that was created and developed for several years at Masaryk University. The establishment of the spin-off company CasInvent Pharma was thus a logical step to advance, and ultimately commercialize, these efforts. I am very pleased that the Technology Transfer Office of MU was part of such an important achievement,” says Radoslav Trautmann, Head of Technology Transfer Department, Masaryk University. ​ “We are looking forward to our first investment in a Czech start-up and our first co-investment with the recently launched i&i Biotech Fund. From the beginning, we were impressed by the high quality of CasInvent’s research team and the strong support from Masaryk University and the biotech incubator i&i Prague to make this investment possible. With our deep experience in preclinical development of small molecules, we will be able to make valuable contributions to the design and achievement of the key R&D milestones. We look forward to working with Vojtěch, Alexander and the R&D team,” comment Michael Krebs and Peter Nussbaumer, managing partners of KHAN-I. ​ CasInvent Pharma is i&i Bio’s most recent investment announced this year. It marks yet another successful cooperation with the biotech incubator i&i Prague, one of the main investors of i&i Bio. „We are excited to welcome another promising Czech project to our portfolio. The ability of this spin-off to convince renowned international investors confirms its ambition to be successful on a global scale. It is great to be part of this journey. We are also pleased to use our investment to support research that could help treat serious diseases such as leukemia in the future,“ says Ivan Vohlmuth, one of the partners of i&i Bio. Contact Martin Kovalčík, + 420 777 472 863, kovalcik@inibio.eu (for i&i Biotech Fund) Vojtěch Helikar, +420 728 995 850, helikar@casinvent.com (for CasInvent) Radoslav Trautmann, +420 605 824 519, trautmann@casinvent.com (for Masaryk University) Anne-Kathrin Klebl, +49231 97 42 70 29, pr@lead-discovery.de (for KHAN-I) About i&i Bio i&i Bio is a Luxembourg-based venture capital firm that invests in innovative European Life Sciences companies focused on drug discoveries, medical devices, diagnostics, and digital health. The Fund was created thanks to the cooperation of the biotech incubator i&i Prague and the European Investment Fund (see below). With over €45M under management, i&i Bio plans to invest in about 20 early-stage companies. i&i Bio is led by an experienced team of professionals with backgrounds in private equity, healthcare and venture capital supporting entrepreneurs on their journey to global success. Thanks to the close cooperation with the fund’s sponsor, the biotech academic incubator i&i Prague, i&i Bio is supporting and advancing transformative Central European technology companies. For more information visit www.inibio.eu . About European Investment Fund i&i Bio is supported by an investment from the EIF, with the support of: lnnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing; and the Pan-European Guarantee Fund (EGF), implemented by the EIF with the financial support of the Participating Member States. The objective of EGF is to respond to the economic impact of the COVID-19 pandemic by ensuring that companies in the Participating Member States have sufficient short-term liquidity available to weather the crisis and are able to continue their growth and development in the medium to long-term. About KHAN-I KHAN Technology Transfer Fund I GmbH & Co KG (KHAN-I) is an early-stage life sciences venture fund with € 70 millions under management. Our mission is to create value through cooperative drug development partnerships with academic innovators in Europe. KHAN-I focuses on first-in-class therapies for attractive markets with a high unmet medical need. The fund is managed by Khanu Management GmbH, an experienced team of professionals with proven track records in early-stage drug development, academic spin-offs as well as pharma licensing and partnering. ​ KHAN-I received an investment from the European Investment Fund (EIF) with support of InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (“EFSI”) under the Investment Plan for Europe. KHAN-I is also supported by Austria Wirtschaftsservice GmbH (AWS with funds provided by the Austrian Federal Ministry for Digital and Economic Affairs and the Austrian Foundation for Research, Technology and Development), Max Planck Foundation and Thyssen’sche Handelsgesellschaft mbH. About Masaryk University Technology Transfer Office Masaryk University Technology Transfer Office is a specialised department of Masaryk University that helps to transfer knowledge and technology into practice. The Office supports the university's cooperation with the commercial sphere, the creation of spin-off companies and the successful commercialisation of university research.

Our portfolio We help inventions grow! We focus on the transfer of new technologies into practice. We were established by the Institute of Organic Chemistry and Biochemistry of the CAS and are dedicated to innovations in the field of drug development, diagnostics and medical devices originating from academic institutions. We support the creation of spin-off companies and the sale of licenses. So far, we have participated in the creation or otherwise supported 15 spin-off companies from 5 countries, have an equity stake in 9 of them and have invested over 70 million crowns. Overall, the spin-offs in i&i Prague's portfolio have raised more than CZK 1.8 billion from other investors. Our portfolio CasInvent Pharma Casein Kinase 1 inhibitors for cancer treatment Read More PEP-Therapy Innovative peptides for oncology Read More Sophomer Syntetic polymer for immunoassays Read More Dracen Pharmaceuticals Tumor-Directed Glutamine Antagonist Read More PerioTrap Curative treatment of periodontitis Read More Sulfotools Green peptide synthesis technology Read More LAM-X Light-activated nanomaterials fighting infections Read More Sampling Human Yeast cell based biocomputing Read More Deep MedChem AI-based tools accelerating drug discovery Read More Our exits DIANA Biotechnologies Pharmaceuticals and highly sensitive diagnostic methods Read More Elphogene Liquid biopsy technology for cancer diagnostics Read More Riocath New technology used in the production of catheters. Read More

Investment We help inventions grow! We have moved the investment part of our business to our associated venture capital firm, i&i Biotech Fund I. We target early-stage Life Science startups that often build on decades of research and have the potential for breakthrough discoveries. We are trying to help them in their transition from purely scientific projects to functional companies. We focus mainly on projects from European Union member states, our core expertise lies in Central and Eastern Europe. Our focus DRUG DISCOVERY MEDTECH DIAGNOSTICS OTHER LIFE SCIENCES Stage of investment i&i Biotech Fund is supported by highly reputable institutions, a strong track record, a team of professionals and proprietary access to deal flow. In cooperation with it, we are targeting the following investment phases: SEED Ready to create? We can start at € 150 K to support business creation. A SERIES A Prepared to grow? Our sweet spot lies between 0.5 and 2 million euros. B Being exceptional? In exceptional cases, we are able to provide extra financing. SERIES B Investment steps GO-NO GO decision can occur during the whole investment process STEP 01-05 is in primary competency of i&i Prague STEP 06-10 is in primary competency of i&i Bio i&i Biotech Fund I For more information about the i&i Biotech Fund please visit the website. Read more

Incubation We help inventions grow! The incubator operates under the auspices of i&i Prague. It provides a program for the development and technology transfer of biotechnology research to the commercial environment. We aim to support innovation in the Drug Discovery, Diagnostics, MedTech and other Life Science fields. We are your new team member, leading your journey from groundbreaking invention to market-storming product. Incubation of projects Real market need We help to focus the project on the real market need by getting feedback from industrial partners. Startup creation We consult and supervise the Startup creation and IP transfer – License agreement. Up to CZK 1 mil We support the project's early development – up to CZK 1 mil (legal consultancy, IP strategy, HR). Financing We help to identify potential seed investors and help with the negotiations. Our focus Our Incubator is at this stage open for projects from the Czech Republic. A pre-condition of project acceptance into i&i Prague Incubator is its match with our internal criteria. Incubation process

< Back Elphogene: non-invasive screening of patients in advanced stages of cancer Elphogene s.r.o. is a Czech spin-off company that succeeds decades of intensive research performed at Genomac research centre as well as thanks to collaborations with leading oncology centres. Using their technology oncoMonitor™ – a diagnostic tool based on so-called liquid biopsy – Elphogene brings a non-invasive screening of patients in advanced stages colorectal cancer. Biggest advantages of oncoMonitor™ technology are its speed and accuracy in diagnosing possible relaps of the tumor growth after a successful surgery. Elphogene s.r.o. has received an initial investment from i&i Prague in order to implement its oncoMonitor™ for a diagnostic monitoring screening of ctDNA in peripheral blood of patients in advanced stages of cancer. The company has been founded at the beginning of 2019 as a spin-off from the Genomac Research Institute , a leading Czech private research center widely recognized for its strong record of scientific projects in clinical cancer genomics. ​ The purpose of the oncoMonitor™ test is a follow-up of patients in advanced stages of cancer for early detection of newly arising metastatic lesions. The technology is capable of capturing ctDNA in up to 88% of patients with advanced colorectal cancer with the presence of liver metastases which is more accurate and lacking the negative impact on health (such as radioactive doses) than current approaches (ultrasonography, magnetic resonance, and especially X-ray examination and computed tomography – CT). ​ ​ To learn more about this technology: elphogene.cz . Previous Next

< Back i&i Prague is joining Hello Tomorrow Ecosystem, a global community boosting deep technology-based start-ups In mid-June 2018 a new partnership has been established between a Prague-based company focused on central and east European biotech start-ups in the early stage of development and a global organisation which gives a platform for deep technology-based start-ups all over the world, Hello Tomorrow. i&i Prague has joined the Ecosystem Partners of Hello Tomorrow , which aims to connect current and future start-ups coming from the i&i Prague´s incubator to the global start-up scene and increase their visibility, e.g. by participating in the Global Challenge and other activities organized by Hello Tomorrow. Additionally, the collaboration will help Hello Tomorrow and its partners to connect and tap into unsuspected opportunities and projects in biotech and deep technologies originating in central and east Europe. ​ About Hello Tomorrow Hello Tomorrow is a non-profit organisation bringing together a community of actors aiming to unlock the potential of deep technologies to solve the world’s toughest challenges. They source deeptech projects and startups and facilitate collaboration between entrepreneurs, industries and investors in order to propel innovation from the lab to the market. Hello Tomorrow organises startup competitions, mentorship programs and a series of events around the world, as well as educating and consulting relevant stakeholders on emergence of deep technologies. Hello Tomorrow is fast becoming a key reference platform in deeptech innovation and entrepreneurship. Previous Next

i&i Prague announces its first exit, DIANA Biotechnologies is bought out by its founders Prague, 21 February 2022 – BTND a.s. has completed the buyout of DIANA Biotechnologies from the portfolio of biotech incubator i&i Prague. For i&i Prague, the transaction opens up new opportunities to support other scientific projects. i&i Prague acquired a stake in DIANA Biotechnologies at its inception, reflecting the important role of the Institute of Organic Chemistry and Biochemistry of the CAS (IOCB) in the early development of DIANA technology prior to the company’s establishment. However, DIANA Biotechnologies has gradually become a successful biotechnology company that is independently developing a number of other new technologies. It has also made a positive contribution to the fight against the COVID-19 epidemic by developing unique PCR assays, significantly increasing the Czech testing capacity. DIANA Biotechnologies is now facing major investments in further development and it made sense for i&i Prague to make its first exit. BTND a. s., a company backed by DIANA Biotechnologies co-founders Václav Navrátil and Martin Dienstbier, together with the Czech investment group BTCZ, is buying the stake from i&i Prague. „In less than four years DIANA Biotechnologies has moved from a spin-off project to a broad-based and independent company. We are now facing heavy investment in building a state-of-the-art scientific facility and in developing projects in drug development and monoclonal antibody development. Our goal is to build an innovative biopharmaceutical company that will work closely with Czech academia. I am pleased that our success will also help other promising scientific projects,“ said Václav Navrátil, co-founder and director of DIANA Biotechnologies. ​ The transaction is also considered a great success by the incubator i&i Prague, where it is the first purchase of a share of the company from their portfolio. “We were honored to be at the birth of this project. It is the first swallow, which completes several years of efforts of our entire team and which also confirms the sense and correctness of our steps and vision. We will use the funds raised through this transaction to support other interesting startups and spin-off companies from the academic sphere in the Czech Republic and Europe,“ explained Jaromír Zahrádka, founder and director of i&i Prague. About i&i Prague The i&i Prague biotech incubator was founded in 2017 and has become part of a unique ecosystem that has formed around the Institute of Organic Chemistry and Biochemistry of the CAS (IOCB). Since its establishment, this incubator has been dedicated to investing in academia and supporting the transition of scientific discoveries into practice. Currently, i&i Prague has in its portfolio the shares of 10 spin-off companies, promising projects from all over Europe or the USA, in which it has invested a total of approximately EUR 3 million. In addition, it has helped these early stage companies to raise another approximately EUR 75 million from investors not only from Europe but from all over the world. About DIANA Biotechnologies The i&i Prague biotech incubator was founded in 2017 and has become part of a unique ecosystem that has formed around the Institute of Organic Chemistry and Biochemistry of the CAS (IOCB). Since its establishment, this incubator has been dedicated to investing in academia and supporting the transition of scientific discoveries into practice. Currently, i&i Prague has in its portfolio the shares of 10 spin-off companies, promising projects from all over Europe or the USA, in which it has invested a total of approximately EUR 3 million. In addition, it has helped these early stage companies to raise another approximately EUR 75 million from investors not only from Europe but from all over the world.

PerioTrap Pharmaceuticals, an i&i Prague Supported Start-up, Raises €3M Seed Round to Develop Selective Anti-infectives to Tackle Periodontitis Although periodontitis represents a widespread infectious disease affecting around 30% of the global population, there is no effective treatment for patients available, yet. PerioTrap Pharmaceuticals, a Fraunhofer IZI spin-off, has developed a novel treatment strategy that allows the specific eradication of the major bacterial pathogens of periodontitis and therefore the root of the disease. With the help of bmp Ventures AG via the IBG-Fonds, i&i Prague, Fraunhofer Venture and a strategic partner, the biotech company further proceeds its drug development programs. A world without effective antibiotics becomes an increasingly realistic scenario. Worldwide, 700,000 people annually die of multi-resistant strains against which no antibiotic is effective. There are only few new developments while many of the major pharmaceutical companies have completely abandoned the anti-infective field. The expensive development and the prospect of a drug that can be used solely restrictively seem to make the antibiotics business model unattractive. The valuable reserves that are still available are, therefore, being used even more sparingly. Based on the current austerities caused by a global viral pandemic, the future projections of this solo-economic driven development materialize at a great pace. ​ With its new drug and innovative application procedure, PerioTrap Pharmaceuticals GmbH could not only drastically reduce the need for antibiotics. Additionally, with its selective mechanism that targets the major pathogens directly at the site of infection – the oral cavity – chronic conditions may be overcome while simultaneously reducing systemic side effects. The key element of this strategy is an enzyme called glutaminyl cyclase (QC) type II, which is exclusively present within pathogenic bacteria of the oral biofilm with Porphyromonas gingivalis being the main catalyst of the disease. The seed investment will be used for PerioTrap’s lead compound optimization and to progress its new prolonged-release pharmaceutical composition through clinical testing and to apply for subsequent market approval. ​ „We are looking forward to working with this experienced team of drug developers and to particularly make a contribution to such a socially relevant technology area in this financing round“. Andreas van Bon, responsible managing partner at bmp Ventures AG “Periodontitis constitutes a condition of high medical need for which on the contrary hasn’t been any innovation made available in the last decade. Consequently, this investment not only fuels the long neglected therapeutic market segment within the dental realm, but most importantly restores patient confidence.” Pierre Tangermann, Managing Director at PerioTrap Pharmaceuticals As a result of a pan-European project under the FP7 umbrella, PerioTrap is based on an international network and excellent science including the Institute of Microbiology at the Faculty of Biochemistry, Biophysics and Biotechnology at the Jagiellonian University in Krakow (Prof. Jan Potempa), the Institute of Periodontology at the Faculty of Dentistry at the University of Bern (Prof. Sigrun Eick) and the Pharmaceutical Technology Research Group at the Institute of Pharmacy at the Martin Luther University Halle-Wittenberg (Prof. Karsten Mäder). This leading scientific network will be further expanded. ​ About the IBG Funds The IBG funds based in Magdeburg are the venture capital funds of the State of Saxony-Anhalt. The IBG funds provide equity capital to innovative companies with sustainable and above-average growth potential and a domicile/ operation in Saxony-Anhalt. At the beginning of 2017, IBG launched the new risk capital fund RKF III with a volume of EUR 84 million. The fund is financed by funds from the state and the European Union and invests in innovative companies in Saxony-Anhalt in the business phases of seed, start-up and growth. The IBG funds are managed by bmp Ventures AG. ​ About bmp Ventures With an experience background of over 250 investments from almost all technology segments, most of which are in the early stages, bmp is one of the most experienced venture capital investors in Germany. In addition to direct investments, bmp has also managed venture capital funds for KfW Bankengruppe and DEG – Deutsche Investitions- und Entwicklungsgesellschaft. bmp currently manages the IBG funds in Saxony-Anhalt and the Frühphasenfonds Brandenburg. bmp has around 20 employees in Berlin and Magdeburg. ​ About Fraunhofer Venture Fraunhofer Venture is the central department for spin-offs and investment management of the Fraunhofer-Gesellschaft and offers founders, start-ups, Fraunhofer Institutes, industry, and investors access to the cutting-edge technologies of the 74 Fraunhofer Institutes, the Fraunhofer infrastructure and Fraunhofer know-how with over 7,000 patent families. The range of services includes complete support and consulting from the idea to the founding of a company, active participation management of Fraunhofer participations, support with finding investors up to a possible sale of the company and is flanked by the AHEAD company builder as well as other offerings.

CasInvent Pharma raises € 1.6 million from i&i Prague and Other Investors to Support the Development of CK1 Inhibitors for Treatment-Resistant Solid and Hematological Tumours The financing will boost the development of innovative casein kinase 1 (CK1) inhibitors with the potential to treat conditions like acute myeloid leukaemia, pancreatic cancer, and certain types of breast cancer. This investment round was supported by the existing and two new investors. The syndicate includes i&i Biotech Fund (i&i Bio), KHAN Technology Transfer Fund I (KHAN-I), i&i Prague, the Holeček Family Foundation, and BIOINVESTIMED a. s. CasInvent Pharma, a university spin-off focused on developing anti-cancer compounds, has successfully closed the Pre-Series A funding round, raising a total of € 1.6 million from both existing and new investors. Founded in 2020 as a spin-off from Masaryk University in Brno and with the support of i&i Prague, CasInvent Pharma specializes in the development of highly selective inhibitors targeting the casein kinase 1 enzyme family. These enzymes play an important role in several disease-related processes, including the migration of leukaemia cells into lymphoid organs. The small-molecule inhibitors are designed to target individual isoforms of CK1 and thereby selectively eradicate leukemic cells. ​ "It's gratifying to have convinced both new and existing partners to support our quest in developing effective treatment options and hope for patients suffering from these cancers with a very low survival rate," says Alexander Scheer, CEO of CasInvent Pharma. He believes these inhibitors have the potential to treat patients with conditions like acute myeloid leukaemia, pancreatic cancer, certain types of breast cancer (TNBC), and other diseases with limited treatment options. ​ "The company's ability to attract new investors reaffirms not just the project's quality, but also the combined expertise of the team at CasInvent Pharma," says Ivan Vohlmuth, a partner at i&i Bio. "The team has worked really hard over the past 18 months and achieved promising data in the development of their CK1 inhibitor portfolio. We are pleased to continue to support the company," add Michael Krebs and Peter Nussbaumer from KHAN-I. ​ Joining the investment round, alongside i&i Bio, KHAN-I and i&i Prague, are two new partners: the Holeček Family Foundation and BIOINVESTIMED a. s. "Supporting this innovative project allows us to participate in the important development of new treatment methods and therapeutic strategies in the field of oncological diseases. At the same time, we are impressed that a Czech entity has embarked on this difficult and financially demanding path. With our engagement we would like to motivate other investors to fund promising life science companies in the Czech Republic," says Ondřej Novák, Director of the Holeček Family Foundation. ​ Contact: Martin Kovalčík, kovalcik@iniprague.com , +420 777 472 863 About i&i Bio i&i Bio is a Luxembourg-based venture capital firm that invests in innovative European life sciences companies focused on drug discovery, medical devices, diagnostics, and digital health. The Fund was created thanks to the cooperation of the biotech incubator i&i Prague and the European Investment Fund (see below). With over € 53 million under management, i&i Bio plans to invest in about 20 early-stage companies. i&i Bio is led by an experienced team of professionals with backgrounds in private equity, healthcare and venture capital supporting entrepreneurs on their journey to global success. Thanks to close cooperation with the fund’s main sponsor, the biotech academic incubator i&i Prague, i&i Bio is supporting and advancing transformative Central European technology companies. For more information visit www.inibio.eu . About CasInvent Pharma CasInvent Pharma is a drug discovery spin-off company established in 2020 by Masaryk University (MU) and Bio-Innovation Centre i&i Prague, s.r.o. (Ltd). The mission of the company is to develop new therapeutic options for the treatment of resistant tumours. The CasInvent platform is based on the use of proprietary, best-in-class highly selective inhibitors of enzymes belonging to the casein kinase 1 (CK1) family that are responsible for the regulation of different cellular mechanisms leading to resistance to targeted therapies. More information at www.casinvent.com . About European Investment Fund i&i Bio is supported by an investment from the EIF, with the support of: lnnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing; and the Pan-European Guarantee Fund (EGF), implemented by the EIF with the financial support of the Participating Member States. The objective of EGF is to respond to the economic impact of the COVID-19 pandemic by ensuring that companies in the Participating Member States have sufficient short-term liquidity available to weather the crisis and are able to continue their growth and development in the medium to long-term. About KHAN-I KHAN Technology Transfer Fund I GmbH & Co KG (KHAN-I) is an early-stage life sciences venture fund with € 70 million under management. Their mission is to create value through cooperative drug development partnerships with academic innovators in Europe. KHAN-I focuses on first-in-class therapies for attractive markets with a high unmet medical need. The fund is managed by Khanu Management GmbH, an experienced team of professionals with proven track records in early-stage drug development and academic spin-offs as well as pharma licensing and partnering. KHAN-I received an investment from the European Investment Fund (EIF) with the support of InnovFin Equity, and with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) under the Investment Plan for Europe. ​ KHAN-I is also supported by Austria Wirtschaftsservice GmbH (AWS with funds provided by the Austrian Federal Ministry for Digital and Economic Affairs and the Austrian Foundation for Research, Technology, and Development), Max Planck Foundation, and Thyssen’sche Handelsgesellschaft mbH. In addition, KHAN-I sustains a preferred partnership with the Max Planck Society (Max-Planck-Gesellschaft e.V.). ​ More information at www.khanu.de. About Holeček Family Foundation We support people with knowledge, experience and vision in areas we consider important for the development of our society. We provide support in the form of an open opportunity to receive funding from the Foundation and we leave it up to the beneficiaries to decide how to best use the support we grant. We would like to inspire others with our actions, because we believe that giving back to society brings value to us all. ​ Our main area of focus is the Czech educational system. Educated people are a prerequisite for the development of any society and there is therefore a close focus on educational projects in the Foundation’s activities. Good health is a prerequisite for a full and active life of each of us. Therefore, the quality of health care, social care and the health care system is also in the Foundation’s focus. Last but not least, the Foundation supports science and research projects as the main drivers of progress and development in any society. The Foundation mainly supports organisations such as universities or hospitals, which already have a strong potential in the fields mentioned above, but their funding does not always allow them to fully develop their potential. In addition to these main areas of focus, the Board of Trustees also looks at specific innovative projects with the potential of bringing new discoveries or practices. ​ More information at www.holecekfoundation.cz .