Irish Pharma start-up raises €750,000

Irish pharmaceutical start-up Inflection Biosciences has raised €750,000 from private investors as it moves forward with the pre-clinical development of a cutting edge cancer treatment.

Darren Cunningham, chief executive, and Dr Michael O’Neill, research and design director, Inflection BiosciencesBarry Cronin
Darren Cunningham, chief executive, and Dr Michael O’Neill, research and design director, Inflection BiosciencesBarry Cronin

The funding deal is the Dublin-based company’s second to date, bringing its total funding to €1.2 million.

The company also recently agreed a separate funding collaboration with the Multiple Myeloma Research Foundation in the United States, one of the world’s leading private funders of research into multiple myeloma – a type of cancer which begins in bone marrow plasma cells.