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ClostraBio’s Next-Gen Probiotic Clears Safety Hurdle

by John Conrad | Aug 1, 2025 | Member News, NewsBrief

Chicago biotech startup ClostraBio has secured GRAS (Generally Recognized as Safe) status for its flagship probiotic ingredient CLB101™, clearing the path for the first commercially available strain of Anaerostipes caccae in the U.S. What Makes It Different Unlike...
iBIO January Grants Report Highlights Expansive Funding Opportunities for Life Sciences Innovation

iBIO January Grants Report Highlights Expansive Funding Opportunities for Life Sciences Innovation

by John Conrad | Jan 8, 2025 | Grants, NewsBrief

In partnership with G2G Consulting, we are please to provide the January 2025 Grants report, showcasing 196 non-dilutive government funding opportunities across diverse biomedical and life sciences sectors. The comprehensive report underscores significant funding...
The Growing Crisis of Antimicrobial Resistance: Meitheal Takes Action with XENLETA®

The Growing Crisis of Antimicrobial Resistance: Meitheal Takes Action with XENLETA®

by John Conrad | Dec 12, 2024 | Member News, NewsBrief

In a significant move addressing one of healthcare’s most pressing challenges, Meitheal Pharmaceuticals has secured exclusive U.S. commercial rights to XENLETA® (lefamulin acetate). The timing couldn’t be more critical: between now and 2050, antibiotic...
Chicago’s Pathos AI Raises $62M to Advance AI-Driven Drug Development

Chicago’s Pathos AI Raises $62M to Advance AI-Driven Drug Development

by John Conrad | Oct 30, 2024 | Member News, NewsBrief

Pathos AI, a Chicago-based biotech startup, has secured $62 million in Series C funding to advance its AI-driven approach to drug development, according to a Tuesday press release. The funding news, also covered by Katherine Davis of Crain’s Chicago Business and...
AbbVie to Acquire Alzheimer’s Drug Developer Aliada Therapeutics for $1.4 Billion

AbbVie to Acquire Alzheimer’s Drug Developer Aliada Therapeutics for $1.4 Billion

by John Conrad | Oct 28, 2024 | Member News, NewsBrief

AbbVie announced today it will acquire Boston-based Aliada Therapeutics in a $1.4 billion cash deal, expanding its presence in neuroscience and Alzheimer’s disease research. The acquisition gives AbbVie access to Aliada’s novel blood-brain barrier crossing...
FDA Approves Iterum’s Novel Oral Antibiotic for Urinary Tract Infections

FDA Approves Iterum’s Novel Oral Antibiotic for Urinary Tract Infections

by John Conrad | Oct 28, 2024 | Member News, NewsBrief

Chicago-headquartered Iterum Therapeutics (Nasdaq: ITRM) has received U.S. Food and Drug Administration (FDA) approval for ORLYNVAH™ (sulopenem etzadroxil and probenecid) for the treatment of uncomplicated urinary tract infections (uUTIs) in adult women with limited...
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