Backed by $123 million in venture investments, Christina Smolke’s company Anthiea just completed its first scaled production of a key drug ingredient.
Backed by $120 million in venture funding, Stanford professor Christina Smolke’s company Anthiea just completed its first scaled production of a key drug ingredient.very year, thousands of people around the globe use a bioengineering process where they take sugar, feed it to a carefully-selected strain of yeast and a few days later extract a product that’s then sold and enjoyed by millions. Most people call this brewing beer.
According to an August survey from the American Society of Health System Pharmacists, shortages of essential medicines areone-third of hospital pharmacists to ration, delay or cancel needed medical interventions. The other two-thirds said they’re managing these shortages strategically, but that there’s still an impact on patient care because the price of some essential medications have increased.
“We’re producing ingredients where there are supply chains with recurring inefficiencies,” says Christina Smolke, cofounder and CEO of Antheia. “We’re looking long-term at where things are becoming unsustainable.” To make large quantities of drug ingredients, Antheia’s researchers first had to engineer the yeast itself. That process involved taking genes from the plants from which the drug ingredients are harvested and adding them to the yeast, along with genes from over 20 other organisms to make the process more efficient.
That said, Helal notes that by focusing on pharmaceutical companies delivering essential medicines, “there’s definitely a viable path to commercial success” if the company’s able to deliver at scale.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Ramaswamy’s rise: Entrepreneur passes established politicians in pollsBiotech entrepreneur Vivek Ramaswamy went from completely unknown to the third — and second, in some cases — most preferred candidate in polls of the 2024 Republican primary race over the course of months.
Baca lebih lajut »
Out of This World: Boulder Scientist Jim Sears Designed an Oven for Space in His GarageThe invention, which cooks cylinder-shaped pizzas and other foods, recently moved on to the final phase of NASA's Deep Space Food Challenge.
Baca lebih lajut »
Scientist falls 500 feet to his death after hiking app led him over cliffA decorated Russian scientist tragically fell nearly 500 feet to his death after a hiking app allegedly led him over the edge of a cliff in Germany.
Baca lebih lajut »
Ramaswamy Paid Wikipedia Editor to Delete Reference to Harvard Vaccine Scientist ‘Mentor’ Days before Announcing CampaignDays before announcing his presidential bid, Vivek Ramaswamy paid a Wikipedia editor to remove information about his close relationship with a scie...
Baca lebih lajut »
What Every Black Entrepreneur Needs To Know Before Launching A BusinessHistorically, it's been more challenging for Black entrepreneurs to launch a business. This bank is set on changing that — here's how.
Baca lebih lajut »
Crypto entrepreneur faces potential prosecution in Israel related to $290M scam: ReportAs part of a 2-year investigation into Moshe Hogeg involving an alleged $290-million crypto scam, police in Israel have reportedly sent the case to prosecutors for review.
Baca lebih lajut »