New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home Startups & Leaders

Biotech startup Peptilogics just got FDA clearance to test the efficacy of its signature product

New York Tech Editorial Team by New York Tech Editorial Team
January 12, 2022
in Startups & Leaders
0
Biotech startup Peptilogics just got FDA clearance to test the efficacy of its signature product
Share on FacebookShare on Twitter
A Pittsburgh biotech startup has high hopes of making the city a center of AI-driven drug development for novel peptide therapeutics.

South Side-based biotech startup Peptilogics announced this week that it had received FDA clearance to begin Phase 1b clinical trials for its signature product PLG0206, a peptide therapeutic aimed at treating periprosthetic joint infections, which is a serious complication that can occur following joint replacements.

The clearance will allow the company, which was founded in 2013, to start enrolling participants for the new phase of trials in the first quarter of this year, moving forward from its successful Phase 1a trials last year, which demonstrated a baseline of safety and tolerability in the treatment.

The basis for PLG0206 comes from molecule development work that Peptilogics founder and CEO Jonathan Steckbeck started as a biochemistry graduate student at the University of Pittsburgh School of Medicine.

Jonathan Steckbeck. (Courtesy photo)

“When a patient has a knee or hip replacement, a small subset of them will get a bacterial infection on the prosthetic,” Steckbeck explained as his motivation behind the development of PLG0206. “Until now, the only treatment has been relatively aggressive surgery. There is no therapy or therapeutic-based treatments.”

Phase 1b trials will be the first official chance Peptilogics has to prove not just the safety of PLG0206, but the efficacy of it in patients experiencing those periprosthetic joint infections.

This latest trial will be open label to participants, and will allow Peptilogics to experiment with some of the dosing of the treatment as well. If successful, the company will be one step closer to providing patients and physicians with a risk-reducing and cost-saving treatment that will be attractive to insurance companies, hospital systems, and other relevant parties in the medical field.

Steckbeck said that preclinical data the team collected from animal samples and prosthetics removed from patients with the infections make him confident that Peptilogics will achieve its efficacy milestones in this new set of trials.

“That [data] gives us a lot of indication and hope that this drug can be very effective in treating this condition,” he continued. “But, you know, we have to prove that in people.”

The announcement of a new clinical trial comes after a major growth year for Peptilogics in 2021. After starting the year with a total of only three employees, the company ended it with 28. That rapid hiring followed a significant Series B raise of $35.4 million at the end of 2020. To support its efforts this year, Steckbeck said that the startup will soon be looking to raise its next round of capital and hire for even more roles. (See current open roles here.)

Marc Lesnick. (Courtesy photo)

Peptilogics’ recent growth and success is yet another piece of evidence that Pittsburgh is becoming a hub for new life sciences activity, as the city finds ways of merging its longtime medical expertise with the technical innovation that’s abounded here over the last decade. While the foundation for PLG0206 comes from a traditional drug development process, Steckbeck said it helped inspire other potential opportunities for artificial intelligence-driven discovery of even more peptide therapeutics for host of other conditions and infections.

“This AI platform is really what’s going to make peptide development for new drugs possible where in the past it really wasn’t,” Peptilogics SVP of Regulatory Affairs and Quality Marc Lesnick said. “It was just way too hit or miss, it was never going to work. And that’s kind of that’s the kind of the difference that Peptilogics is trying to make.”

That merging of AI and life sciences is something industry leaders have pointed to as a potential overlap where Pittsburgh could thrive. Plus, on the tails of Cognition Therapeutics‘ $40 million IPO and Cernostics‘ acquisition by Castle Biosciences, Peptilogics will join an increase in local momentum for the industry. And beyond those big deals, this FDA clearance and the uptick in support for life sciences startups through programs like AlphaLab Health, signify that the industry is amassing both the big and small players it needs to form a comprehensive sector of the tech economy.


Sophie Burkholder is a 2021-2022 corps member for Report for America, an initiative of The Groundtruth Project that pairs young journalists with local newsrooms. This position is supported by the Heinz Endowments. -30-


Credit: Source link

Previous Post

Fintech specialist Checkout.com worth $40B with latest fundraise

Next Post

Wear OS will work better for lefties… eventually

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
Wear OS will work better for lefties… eventually

Wear OS will work better for lefties... eventually

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

March 29, 2022
UK VC fund performance up on last year

VC-backed Aerium develops antibody treatment for Covid-19

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
New York City

Why Bite-Sized Learning is Booming in NYC’s Hustle Culture

June 4, 2025
Driving Innovation in Academic Technologies: Spotlight from ICTIS 2025

Driving Innovation in Academic Technologies: Spotlight from ICTIS 2025

June 4, 2025
Coffee Nova’s $COFFEE Token

Coffee Nova’s $COFFEE Token

May 29, 2025
Money TLV website

BridgerPay to Spotlight Cross-Border Payments Innovation at Money TLV 2025

May 27, 2025
The Future of Software Development: Why Low-Code Is Here to Stay

Building Brand Loyalty Starts With Your Team

May 23, 2025
Tork Media Expands Digital Reach with Acquisition of NewsBlaze and Buzzworthy

Creative Swag Ideas for Hackathons & Launch Parties

May 23, 2025

Recommended

New York City

Why Bite-Sized Learning is Booming in NYC’s Hustle Culture

June 4, 2025
Driving Innovation in Academic Technologies: Spotlight from ICTIS 2025

Driving Innovation in Academic Technologies: Spotlight from ICTIS 2025

June 4, 2025
Coffee Nova’s $COFFEE Token

Coffee Nova’s $COFFEE Token

May 29, 2025
Money TLV website

BridgerPay to Spotlight Cross-Border Payments Innovation at Money TLV 2025

May 27, 2025

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

3D bio-printing acoustic AI Allseated B2B marketing Business carbon footprint climate change coding Collaborations Companies To Watch consumer tech crypto cryptocurrency deforestation drones earphones Entrepreneur Fetcherr Finance Fintech food security Investing Investors investorsummit israelitech Leaders LinkedIn Leaders Metaverse news OurCrowd PR Real Estate reforestation software start- up Startups Startups On Demand startuptech Tech Tech leaders technology UAVs Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media