RenBio is a privately-held, preclinical biotechnology company developing novel, best-in-class antiviral antibody therapeutics and a next-generation antibody delivery platform. The company's lead compound, RB-100, is a SARS-CoV-2 bispecific antibody in-licensed from Columbia University, that, in preclinical studies, has demonstrated robust antiviral activity against emerging and evolving SARS-CoV-2 variants. RenBio is also developing a revolutionary, next-generation nucleic acid-based antibody delivery platform -- MYO (Make Your Own) Technology™ -- designed to overcome the manufacturing and delivery challenges of standard protein therapies by providing patients (via a modified intramuscular injection) with a DNA 'bioblueprint,' enabling muscle cells (myocytes) to produce the desired therapeutic antibodies within the patient's own body, thereby acting as in vivo bioreactors. Funding, to date, has included non-dilutive financing from the Defense Advanced Research Projects Agency (DARPA), the Bill and Melinda Gates Foundation, and MedImmune (now AstraZeneca).
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 05/20/21 | $24,000,000 | Series A |
Ruentex Group | undisclosed |
