Syntax Bio has launched with $15 million in funding from notable investors, including Astellas Venture Management LLC and Illumina Ventures. The Chicago-based startup is pioneering a novel approach to cell therapy with its Cellgorithm platform.
Syntax Bio’s technology mimics human developmental processes at the epigenetic level, using a modified CRISPR system to regulate gene expression. This innovative method aims to streamline cell differentiation, potentially reducing costs and increasing accessibility of cell therapies.
Co-founded by Dr. Ryan Clarke and Professor Brad Merrill from the University of Illinois at Chicago, Syntax Bio’s platform has attracted attention for its potential to overcome longstanding challenges in stem-cell-derived therapies. The company’s approach significantly accelerates the generation of high-value cell types, a crucial factor in advancing cell therapy treatments.
Industry leaders have expressed enthusiasm for Syntax Bio’s potential. William Watt, President of Astellas Venture Management LLC, highlighted the technology’s promise in addressing manufacturing challenges, while Ron Mazumder of Illumina Ventures praised its potential to democratize the cell therapy industry.
As Syntax Bio moves forward in the preclinical stage, the biotechnology community will be watching closely to see how this innovative platform could reshape the future of cell therapy.
Read the press release on Business Wire