The $50 million funding will support the commercial launch of Osteal Therapeutics' pioneering combination drug/device therapy targeting biofilm infections, which are notoriously difficult to eradicate.
Osteal Therapeutics, a clinical-stage biopharmaceutical company, says it's developing "a new category" of combination therapies for orthopedic infections. The new funding round, led by Asteroid Partners, will help Osteal accelerate preparation for commercial launch of VT-X7, its lead therapy for the treatment of periprosthetic joint infection, the company said.
In this weekly roundup of funding, merger, and acquisition activity involving companies in North Texas, you’ll also find news from ACIS, TPG, HM Capital, and Fleco Industries.
Ireland-based H&MV Engineering planted its North American headquarters in Dallas. The move is part of a push to create 1,000 new U.S. jobs and reach $3.5 billion in revenue over the next five years....
The Colossal Foundation and the IUCN Species Survival Commission launched a four-year, $4 million partnership to accelerate species conservation. The foundation is the nonprofit arm of Dallas-based de-extinction company Colossal Biosciences....
Ireland-based H&MV Engineering planted its North American headquarters in Dallas. The move is part of a push to create 1,000 new U.S. jobs and reach $3.5 billion in revenue over the next five years....
The Colossal Foundation and the IUCN Species Survival Commission launched a four-year, $4 million partnership to accelerate species conservation. The foundation is the nonprofit arm of Dallas-based de-extinction company Colossal Biosciences....