Daily Newsletter

10 August 2023

Daily Newsletter

10 August 2023

Bactolife raises $33m to develop gut microbiome-strengthening proteins

The proteins, which mimic those found in mother’s milk, target toxins released by harmful pathogens in the gut.

Robert Barrie August 09 2023

Researchers at Denmark-based Bactolife are designing targeted protein molecules called Binding Proteins to target toxins from harmful pathogens that have infiltrated the gastrointestinal tract while leaving the beneficial gut microbiome alone.

In a bid to advance its platform, the company has just raised €30m ($33m).

Bactolife raised the funds in a Series A round led by ATHOS with participation from the Bill & Melinda Gates Foundation and Novo Holdings. The company previously raised €7m in seed financing in April 2021.

Humans have trillions of microorganisms that live in the gut. Bacteria, viruses, fungi, and even parasites constitute a network of ‘good’ microbiota that plays important roles in nutrient metabolism, maintaining gut walls, and fighting off infections.

Bactolife is developing proteins that focus on strengthening the gut microbiome and reducing the likelihood of gastrointestinal infections that occur when pathogens overwhelm natural defences. The company also says that its technology reduces the need for antibiotics, which can help address the ever-growing issue of antibiotic resistance.

Bactolife’s Binding Proteins bind to virulence factors produced by harmful microbes to prevent infection. The targeted approach means that the beneficial microbes living in the gut remain unaffected. The proteins, which mimic those found in mother’s milk, are temperature and pH-resistant and can be added to dietary supplements for easy administration.

The company states it has established proof-of-concept for its technology in a separate animal health product, Ablacto, which reduced the severity of post-weaning diarrhoea in more than 6,000 piglets.

According to UNICEF, diarrhoea accounted for 9% of worldwide deaths in children under five years of age in 2019.

Bactolife CEO Sebastian Søderberg said: “The funding allows us to increase our investments in our project pipeline, technology platform, organisation and upscaling capabilities. Further, it will enable Bactolife to accelerate our partnering efforts with world-leading companies and commercialise our first product concepts for humans and animals.”

Healthcare companies are hesitant to invest in the metaverse

The COVID-19 pandemic pushed the healthcare industry to rapid digitalization. Increased use of telehealth, telepresence systems, remote diagnostics, predictive AI, and wearable technology is changing how healthcare is delivered and improving patient outcomes. Emerging technologies such as AR and VR are becoming increasingly routine for professional training, surgical assistance, and treatment of psychological and neurological disorders. In the pharma and medical devices industries, AR, VR, and AI are rapidly accelerating drug discovery and manufacturing and generating supply chain efficiencies. New digital opportunities will look to build upon disruptive technologies. However, affordability is a limiting factor to widespread adoption. Per GlobalData estimates, the metaverse market is expected to grow at a CAGR of more than 33% between 2023 and 2030. Although metaverse technologies could reinvent healthcare approaches and bring new experiences to healthcare providers and patients, adoption is still at an early stage. There are currently few use cases in the healthcare industry. The metaverse needs to overcome major challenges for healthcare, including regulation and data privacy concerns. Evidence of proven use cases and participation by a critical mass of users are imperative to drive a shift in metaverse investment.

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