Bright Angel Therapeutics

Bright Angel Therapeutics

Innovative therapeutics targeting drug-resistant and life-threatening fungal infections. Learn more
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DateInvestorsAmountRound
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$100k

Grant
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$30.0k

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Seed
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$70.0k

Grant
Total FundingCAD273k

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Bright Angel Therapeutics is a pre-clinical stage biotechnology company dedicated to developing novel therapeutics for the treatment of drug-resistant and life-threatening fungal infections. Operating in the biotechnology sector, the company addresses a critical medical need, as fungal infections affect billions and result in 1.5 million deaths annually, comparable to tuberculosis or malaria. Despite the severity, only three classes of antifungal drugs have been approved, and resistance to all three has been observed, posing a significant challenge to treatment.

Bright Angel Therapeutics is headquartered in the MaRS Discovery District in Toronto, ON. The company focuses on designing new drugs that can overcome existing resistance mechanisms. Their business model revolves around the research and development of these novel therapeutics, aiming to bring them to market through clinical trials and regulatory approval. Revenue generation is expected through partnerships, licensing agreements, and eventual product sales once the drugs are approved for clinical use.

The primary clients for Bright Angel Therapeutics include healthcare providers, hospitals, and pharmaceutical companies that require effective treatments for invasive fungal infections. The company operates in the global healthcare and pharmaceutical markets, with a particular focus on regions heavily impacted by fungal infections.

Keywords: biotechnology, antifungal, drug-resistant, therapeutics, fungal infections, pre-clinical, healthcare, pharmaceutical, MaRS Discovery District, novel drugs.