EnteroBiotix: Pioneering Microbial Therapeutics

April 6, 2024, 3:35 am
Scottish Enterprise
Scottish Enterprise
Location: United Kingdom, Scotland, Glasgow
Employees: 1001-5000
Founded date: 1991
Scottish National Investment Bank
Scottish National Investment Bank
Location: United Kingdom, Scotland
Employees: 51-200
Founded date: 2020
Kineticos Ventures
Kineticos Ventures
Location: United States, North Carolina, Raleigh
Employees: 11-50
Founded date: 2012
EnteroBiotix
EnteroBiotix
Employees: 11-50
Founded date: 2017
Total raised: $57.74M
EnteroBiotix, a Glasgow-based biotech company, secures a hefty £27M funding round to advance its cutting-edge microbial therapeutics. The funding, a mix of fresh equity and converted loan notes, comes from a consortium of investors, including Thairm Bio, Kineticos Life Sciences, and the Scottish National Investment Bank. Led by CEO Dr. James McIlroy, EnteroBiotix aims to revolutionize patient care by developing tailored high-diversity products that fortify and restore the gut microbiome. The company's primary focus is on advancing its lead product candidate, EBX-102-02, through a Phase 2 clinical trial for Irritable Bowel Syndrome (IBS) in partnership with the Functional Gut Clinic. With a vision to transform the standard of care for patients with gut-related conditions, EnteroBiotix is poised to make a significant impact on the medical landscape.