BioRelix
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About BioRelix
BioRelix Inc. was a drug discovery and development company established in 2006, focusing on creating new anti-infective treatments. The company was co-founded by Dr. Ronald Breaker, a distinguished professor at Yale University, whose laboratory first identified a novel class of RNA structures called riboswitches. Dr. Breaker's extensive research in the field provided the foundational science for BioRelix's core technology. The company's operations were led by CEO Brian Dixon, supported by a team of scientists with prior experience at major pharmaceutical firms like Bayer Pharmaceuticals and at Yale University.
The company's primary business was centered on its proprietary riboswitch-based drug discovery platform. Riboswitches are sections of messenger RNA that can control genes essential for the survival of many human pathogens. By targeting these structures, BioRelix aimed to develop a new generation of antibiotics to combat drug-resistant pathogens, including those responsible for hospital-acquired infections. The business model involved internal research and development, supplemented by strategic collaborations and partnerships with other pharmaceutical companies to advance drug candidates through the pipeline. Revenue was to be generated through upfront fees, milestone payments, and royalties from these collaborations.
BioRelix's main asset was its exclusive worldwide license to develop and market medicines targeting riboswitches, based on the patents from Dr. Breaker's work at Yale. This technology allowed the company to identify small molecules that could bind to these RNA targets and disrupt essential bacterial functions, effectively turning off a pathogen's survival mechanism. The company entered into research collaborations with Merck & Co. and Dalton Medicinal Chemistry to discover and synthesize new compounds. By 2012, BioRelix had raised approximately $40.4 million over several funding rounds from a syndicate of prominent life science venture funds including Connecticut Innovations, CHL Medical Partners, Novartis Bioventures, New Leaf Ventures, and Aisling Capital. However, the company faced financial constraints and began scaling back its research and development activities later that year.
Source: Dealroom company dataAt a glance
- Founded
- 2005
- Headquarters
- New Haven, United States
- Sector
- Biotech & Life Sciences
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Connecticut Innovations
Series A4 investors entered at this stage
CHL Medical Partners
Novartis Venture Fund
New Leaf Venture Partners
OpGen
Source: Dealroom Talent Intelligence.
Global footprint
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