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Shanghai Group Leads $20 Million Round for Israel’s Biomica, a Microbiome Company

publication date: Dec 21, 2022

Israel’s Biomica, a clinical-stage microbiome biopharma, signed a $20 million funding agreement led by Shanghai Healthcare Capital (SHC), a fund managed by SIIC Capital with Shanghai Pharma one of the founding Limited Partners. Biomica will use the capital to complete a Phase I trial of its lead candidate and prepare a second candidate for clinical trials. The company is developing microbiome therapies for antibiotic resistant bacteria, immuno-oncology and gastrointestinal disorders. Biomica develops microbiome-based therapeutics using its Computational Predictive Biology platform (CPB), licensed from its corporate parent, Evogene. More details...

Stock Symbol: (NSDQ: EVGN)

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