{"id":41541,"date":"2021-05-05T16:06:09","date_gmt":"2021-05-05T20:06:09","guid":{"rendered":"https:\/\/sciencebusiness.technewslit.com\/?p=41541"},"modified":"2021-05-05T16:06:09","modified_gmt":"2021-05-05T20:06:09","slug":"cell-therapy-mfring-company-raises-82m-in-venture-funds","status":"publish","type":"post","link":"https:\/\/technewslit.com\/sciencebusiness\/?p=41541","title":{"rendered":"Cell Therapy Mfring Company Raises $82M in Venture Funds"},"content":{"rendered":"<figure id=\"attachment_40107\" aria-describedby=\"caption-attachment-40107\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2020\/10\/TCells_CancerCells_NICHD_Flickr.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-40107\" src=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2020\/10\/TCells_CancerCells_NICHD_Flickr.jpg\" alt=\"T-cells and cancer cells\" width=\"640\" height=\"427\" srcset=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2020\/10\/TCells_CancerCells_NICHD_Flickr.jpg 640w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2020\/10\/TCells_CancerCells_NICHD_Flickr-300x200.jpg 300w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2020\/10\/TCells_CancerCells_NICHD_Flickr-150x100.jpg 150w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2020\/10\/TCells_CancerCells_NICHD_Flickr-400x267.jpg 400w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-40107\" class=\"wp-caption-text\">Killer T-cells surround a cancer cell (NICHD, Flickr)<\/figcaption><\/figure>\n<p>5 May 2021. A company developing an automated yet personalized manufacturing platform for cell therapies is raising $82 million in its second venture funding round. <a href=\"https:\/\/www.cellares.com\/\">Cellares Corp.<\/a> in South San Francisco, California is a two year-old company creating a solution to boost the productivity of delivering engineered immune system cells to treat disease.<\/p>\n<p>Cellares Corp. aims to provide labs and health care providers with an end-to-end system that prepares and delivers immune system cells genetically altered to express therapeutic properties. An example is chimeric antigen receptors on T-cells or <a href=\"https:\/\/www.cancer.gov\/about-cancer\/treatment\/research\/car-t-cells\">CAR T-cells<\/a>, that generate immune responses to treat blood-related and solid tumor cancers. Most current cell therapy production processes, says the company, are one-time procedures created ad hoc for each individual patient. As a result, these processes are often manual, labor-intensive, prone to errors, and can take weeks, making cell therapies difficult to complete for very sick patients.<\/p>\n<p>&#8220;There are more than 450,000 patients today who could potentially benefit from CAR T-cell therapies, a number expected to grow into the millions in a few years\u2019 time,&#8221; says Cellares&#8217;s co-founder and CEO <a href=\"https:\/\/www.cellares.com\/company\/\">Fabian Gerlinghaus<\/a> in a <a href=\"https:\/\/www.cellares.com\/cellares-raises-82m-to-solve-the-biggest-hurdles-in-cell-therapy-manufacturing\/\">company statement<\/a>. &#8220;Less than 1% of these patients are able to get access to these therapies, due to a lack of scalable cell manufacturing technologies.&#8221;<\/p>\n<h4>Self-contained lab with robotics and software<\/h4>\n<p>Cellares calls its solution a <a href=\"https:\/\/www.cellares.com\/technology\/\">factory-in-a-box<\/a>, since the manufacturing process is contained in a single cartridge. The unit, says the company, takes in starting materials, such as a patient&#8217;s own T-cells, and carries out all of the steps in the cell manufacturing process: enrichment, isolation, activation, gene transfer, expansion, and formulation. The output is then given to the patient as an infusion therapy.<\/p>\n<p>Each of these gene therapy units, says Cellares, meets <a href=\"https:\/\/www.fda.gov\/drugs\/pharmaceutical-quality-resources\/facts-about-current-good-manufacturing-practices-cgmps\">good manufacturing practices<\/a> for pharmaceuticals required by Food and Drug Administration. The units are arrayed in a self-contained lab with shared robotics and software that can support up to 10 simultaneous production processes. Cellares cites data showing its units result in a three-fold reduction in process failure risk, and up to 70 percent lower manufacturing costs from less manual labor and eliminating the need for separate clean-rooms. The result, says the company is a shorter time needed from collecting patients&#8217; cells to delivering cell therapies, known as vein-to-vein time.<\/p>\n<p>Cellares Corp. is raising $82 million in its second venture funding round, led by Silicon Valley technology and life science venture capital companies <a href=\"https:\/\/eclipse.vc\/\">Eclipse Ventures<\/a> and <a href=\"http:\/\/www.decheng.com\/\">Decheng Capital<\/a>. Skyviews Life Science joined the round as a new investor with current investor 8VC. Eclipse Ventures also led Cellares Corp.&#8217;s first funding round, raising $18 million in October 2020, according to <a href=\"https:\/\/www.crunchbase.com\/organization\/cellares\">Crunchbase<\/a>.<\/p>\n<p>&#8220;With hundreds of new cell therapies already in development around the world,&#8221; adds <a href=\"http:\/\/www.decheng.com\/team.html\">Victor Tong<\/a>, Partner at Decheng Capital, &#8220;the as-yet untapped potential for a robust, automated manufacturing process is massive.&#8221;<\/p>\n<p>More from Science &amp; Enterprise:<\/p>\n<ul>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=41493\">Biomanufacturing Materials Company Issues $500M IPO<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=41437\">Synthetic DNA Company Raises $24M in Early Funds<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=41202\">Biotech Manufacturer Gains $525M in New Funds<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=41140\">Microbe Therapy Maker Expands, Adds Venture Funds<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=40379\">Biotech Manufacturing, Distribution Company Underway<\/a><\/li>\n<\/ul>\n<p style=\"text-align: center;\">*\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0 *<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A company developing an automated yet personalized manufacturing platform for cell therapies is raising $82 million in its second venture funding round.<\/p>\n","protected":false},"author":1,"featured_media":40107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,15],"tags":[31,21,51,86,74,23,55,24,64,20,27,105,41,78,19],"class_list":["post-41541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-products","tag-biomedical","tag-biotech","tag-cancer","tag-engineering","tag-entrepreneurs","tag-equity","tag-genomics","tag-investment","tag-life-sciences","tag-manufacturing","tag-pharmaceuticals","tag-physical-sciences","tag-robotics","tag-software","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/41541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41541"}],"version-history":[{"count":2,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/41541\/revisions"}],"predecessor-version":[{"id":41544,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/41541\/revisions\/41544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/media\/40107"}],"wp:attachment":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}