Celaid Therapeutics Completes Second Close of Series B Financing Round
Shionogi & Co., Ltd. and Teikoku Ventures, Inc. Join the Round to Accelerate
The participating investors cited CLD-001's development progress and its therapeutic potential as key factors in their investment decisions. The new participation from pharmaceutical companies represents significant momentum for Celaid as it advances the
CLD-001 is a novel ex vivo-expanded hematopoietic stem cell (HSC) therapy product being developed for severe pediatric non-malignant diseases. Celaid is advancing the CLD-001 program toward the initiation of a first-in-human clinical trial in
Key Development Milestones for CLD-001
- Positive nonclinical data supporting the efficacy and safety profile of CLD-001 in animal models
- Established the manufacturing process for CLD-001 and completed technology transfer to a
U.S . contract development and manufacturing organization (CDMO) - Completed a Pre-IND Meeting with the U.S. Food and Drug Administration (FDA) and advanced preparations toward an IND submission and clinical trial initiation
Proceeds from this financing will be allocated primarily to manufacturing, safety assessment, clinical development, and regulatory activities in support of CLD-001's IND application and the initiation of clinical trials in
"We are greatly encouraged by the participation of Shionogi & Co. and Teikoku Ventures as new investors in this round. We are also deeply grateful for AMED's approval of our advancement to Stage 3 under the "Strengthening Program for Pharmaceutical Startup Ecosystem" and for its continued support. Through this financing and AMED's support, we will steadily advance our preparations toward initiating clinical trials for CLD-001 in
— Nobuyuki Arakawa, President and CEO, Celaid Therapeutics, Inc.
Series B Second Close Overview
Amount Raised:
Method: Third-party allocation of new shares (private placement)
New Investors (Underwriters):
- Shionogi & Co., Ltd.
- Teikoku Ventures, Inc. (a corporate venture capital company within the TEIKOKU SEIYAKU Group)
Grant Awarded:
AMED "Strengthening Program for Pharmaceutical Startup Ecosystem" – Stage 3
Comments from Investors
"Hematopoietic stem cell transplantation can offer the only curative treatment option for certain serious hematologic and inherited diseases, particularly in pediatric patients. However, significant challenges remain, including donor shortages and post-transplant complications.
We believe Celaid's hematopoietic stem cell expansion technology represents an innovative approach with the potential to overcome these challenges and provide treatment opportunities to more patients. We highly value Celaid's technology and vision, which strongly align with SHIONOGI's commitment to protecting people's health and addressing societal challenges through the creation of new value. For these reasons, we have decided to invest in Celaid Therapeutics Inc.
We look forward to Celaid's continued progress in global development and hope that CLD-001, an innovative cell therapy, will ultimately reach as many patients as possible."
— Keisuke Kusumoto, Director, Head of CVC, Corporate Planning Department, Corporate Strategy Division, Shionogi & Co., Ltd.
"We are highly encouraged by Celaid Therapeutics' novel ex vivo hematopoietic stem cell expansion technology, which has the potential to serve as a foundational platform for cell and gene therapies targeting hematologic malignancies, other severe hematologic disorders, and genetic diseases, as well as for ex vivo hematopoietic stem cell gene therapies.
We also view this investment as an important opportunity to support a
— Mitsuhiro Matsumura, Chief Executive Officer, Teikoku Ventures, Inc.
About Hematopoietic Stem Cells
Hematopoietic stem cells (HSCs) are stem cells capable of differentiating into the various blood and immune cell types, including red blood cells, white blood cells, and platelets. HSCs also possess the capacity for self-renewal, ensuring lifelong maintenance of the hematopoietic system. Because HSCs are typically present only in very limited quantities within the body or within collected samples, securing a sufficient quantity for therapeutic use remains a significant challenge.
About CLD-001
CLD-001 is being developed as an HSC product for severe pediatric non-malignant diseases. For serious diseases such as primary immunodeficiency, inherited metabolic disorders, aplastic anemia, and sickle cell disease, allogeneic hematopoietic stem cell transplantation represents an important treatment option with curative potential. However, allogeneic HSC transplantation continues to face significant unmet needs, including donor-related challenges such as a shortage of matched donors and HLA mismatches, as well as serious complications following transplantation, including graft failure, transplant-related mortality, and graft-versus-host disease (GvHD).
Using frozen umbilical cord blood stored in cord blood banks as its cell source, CLD-001 applies Celaid's proprietary hematopoietic stem cell expansion technology to overcome the limited number of hematopoietic stem cells contained in cord blood, while enabling greater flexibility in selecting cord blood units with more favorable HLA matching. Through this approach, Celaid aims to contribute to improved overall survival following allogeneic hematopoietic stem cell transplantation.
About Celaid Therapeutics Inc.
Celaid Therapeutics Inc. is a biotechnology startup originating from the University of Tokyo and the University of Tsukuba, with proprietary technology for the selective ex vivo expansion of hematopoietic stem cells (HSCs), which give rise to all blood cells. By enabling the safe and efficient expansion of human HSCs, Celaid aims to advance next-generation cell and gene therapies, including HSC-based therapies for hematologic and genetic diseases, ex vivo HSC gene therapies, and regenerative therapies for ischemic diseases.
Contact Information
Celaid Therapeutics Inc.
Address: UTokyo Entrepreneur Lab., South Clinical Research Bldg., 7-3-1 Hongo, Bunkyo-ku, Tokyo 113-8485, Japan
E-mail: [email protected]
URL: https://celaidtx.com/en/
View original content:https://www.prnewswire.com/news-releases/celaid-therapeutics-completes-second-close-of-series-b-financing-round-302893509.html
SOURCE Celaid Therapeutics Inc.
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