Bridgeford LLC client Elastrin Therapeutics recently secured seed funding to accelerate development of a novel therapy that could reverse various forms of vascular and cardiac disease.
Kizoo Technology Capital, a biotech investor focusing on technologies capable of reversing age-related damage on the cellular or molecular levels, added the South Carolina-based Elastrin to their portfolio of early-stage biotech companies in March.
Elastrin’s work focuses on the body’s elastin fibers which are damaged over time, leading to weakened arterial walls, stiffened aortic walls and calcification – all of which can contribute or lead to heart attacks, aneurysms, strokes and other vascular health issues.
Elastrin’s therapy could reverse the damage – which is associated with age and is nearly universal to some degree – potentially saving millions of lives.
Cardiovascular disease is the leading cause of death worldwide, claiming approximately 18 million lives globally each year. In addition, Elastrin’s therapy could greatly improve the quality of life for millions of patients who are not experiencing life-threatening cardiovascular disease.
Bridgeford congratulates Elastrin on closing this deal and wish them the best as they work to develop potentially world-changing medical technology.
To learn more about Elastrin and the recently closed financing, check out their press release below:
Kizoo Provides Seed Funding for Elastrin Therapeutics to Develop Groundbreaking New Technology Capable of Reversing Tissue and Organ Calcification
Elastrin is a biotechnology startup leveraging a platform technology to develop therapeutics that render calcified tissue and organs supple again. It is the latest addition to the growing portfolio of Kizoo Technology Capital, a rejuvenation biotech investor focused on reversing age-related damage on a cellular and molecular level. Elastrin’s lead asset is a nanoparticle conjugated with a novel monoclonal antibody for the treatment of heart valve and vascular calcification.
“Elastin fibers are critical for the homeostasis of tissues around the body, including the skin, vasculature, and pulmonary tissues. As elastin fibers become damaged over time, arterial walls weaken, and the body’s physiological response results in aortic wall stiffening, aneurysms, and hypertension,” said Prof. Naren Vyavahare, Chief Scientific Officer at Elastrin Therapeutics.
The Elastrin team has developed a platform that can restore vascular health by removing pathological calcification specifically from sites where elastin has been degraded. This is achieved via targeting albumin nanoparticles loaded with therapeutic agents directly to the tissue site of interest with the company’s proprietary anti-elastin monoclonal antibody. “This targeted delivery promises to improve the efficacy of therapeutic payloads as well as reduce side effects due to otherwise systemic administration. In addition, the nanoparticles result in slower release characteristics that improve the biodistribution of pharmaceuticals at the targeted exposure site,” said Douglas Mulhall, co-founder of Elastrin Therapeutics.
“Cardiovascular diseases are the number one cause of death globally, taking an estimated 18 million lives each year. On top of that, everyone above 30 years old is suffering from damage to the cardiovascular system, resulting in severe symptoms one day. Our technology can reverse damage to the arteries and heart which is a true game-changer in the industry and one of the puzzle pieces towards healthy aging. Nobody wants to live forever in an old and sick body, but we do want to live long in a healthy one.” said Dr. Matthias Breugelmans, CEO of Elastrin.
“We are proud to help Elastrin to open a new category in repairing significant damage of aging – tissue calcification and the damage to elastin fibers. This will drive calcification down, keep the vascular system healthy and skin elastic at youthful levels,” says Frank Schueler, Managing Director of Kizoo Technology Capital.
“I am honored to be part of this highly ambitious endeavor to rejuvenate the circulatory system with a technology platform that has far-reaching potential,” said Patrick Burgermeister, Partner at Kizoo Technology Capital who will join the company’s Board of Directors.
About Elastrin Therapeutics Inc.
Elastrin Therapeutics is a South Carolina-based biotech developing novel therapies to reverse cardiovascular disease. Its underlying technology was developed by Dr. Naren Vyavahare during the last 20 years at Clemson University, in collaboration with Dr. Charles Rice who developed the antibody. Our team built a proprietary platform that targets and restores degraded elastin by removing the harmful calcification that stiffens arteries. The platform significantly improves the efficacy of drugs and eliminates side effects by combining particle design with elastin targeting.
Further information can be found at www.elastrin-therapeutics.com
KIZOO provides mentoring, seed, and early-stage financing with a focus on rejuvenation biotech. Having been entrepreneurs, VC, and mentors in both high-growth tech and biotech companies ourselves for many years with multiple exits and massive value created for the founders, Kizoo now brings this experience to the emerging field of rejuvenation biotech. We see it as a young industry that will eventually outgrow today’s largest technology markets.
As part of the Forever Healthy Group, Kizoo directly supports the creation of startups turning research on the root causes of aging into therapies and services for human application. Investments include Cellvie, Underdog, Revel Pharmaceuticals, Elevian, LIfT BioSiences, MAIA Biotechnology, Turn.bio, and others.
Forever Healthy’s other initiatives include the evaluation of new rejuvenation therapies, evidenced-based curation of the world’s cutting-edge medical knowledge, funding research projects on the root causes of aging, and hosting the annual Undoing Aging Conference.