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Allorion Rides Unconventional Discovery Platforms To Major Funding

But Partnerships Being Eyed

 
• By Dexter Jie Yan

Allorion's key innovative attractions include discovery platforms for allosteric inhibitor screening and the discovery of synthetic lethality targets/molecules, along with a small but growing pipeline of novel assets. Founded in 2020, the China- and US-based biotech has now raised more than $100m in three financing deals, including a $50m series B.

unconventional approach
Allorion on track to develop unconventional approaches to undruggable targets • Source: Shutterstock

Allorion Therapeutics has become the latest Chinese biotech to rally sizable support from venture capital investors in its efforts to tackle oncology targets previously thought undruggable for small molecule modalities.

Allorion - which has bases and labs in both Natick, MA in the US and Guangzhou in China - announced...

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• By Dexter Jie Yan

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More from Focus On Asia

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• By Dexter Jie Yan

Four Chinese companies have won approvals in China, the first anywhere, for novel drugs for diffuse large B-cell lymphoma, certain types of non-small cell lung cancer and influenza A.

Asia Deal Watch: JCR And Alexion Build Upon Existing Gene Therapy Alliances

 
• By Joseph Haas, Lisa Takagi, Sushmita Panda, and Anju Ghangurde

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• By Vibha Ravi

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