Inflazome Finalizes $17 Million Series A Financing Round from Novartis Venture Fund and Fountain Healthcare Partners
Inflazome has successfully closed a Series A financing round for up to US$17/EUR15 million.
According to a release, two life sciences venture capital firms, Novartis Venture Funds and Fountain Healthcare Partners, co-led the financing.
Inflazome is developing inhibitors of the inflammasome, a biological target that regulates innate immune response, now associated with a variety of diseases. Following the closure of the financing round, Florent Gros (Managing Director of Novartis Venture Fund), and Dr. Manus Rogan (Co-Founder and Managing Director at Fountain Healthcare Partners) joined the Board of Directors.
Dr. Matt Cooper, Co-Founder and CEO of Inflazome, said, "Inflammasome activation is now implicated in many diseases driven by chronic inflammation, from Parkinson's to Asthma. These conditions are often inadequately treated by current therapies. We want to help people with debilitating diseases facing limited or no treatment options."
Prof. Luke O'Neill, Co-Founder and CSO, said, "Animal models and clinical data suggests there is tremendous opportunity to stop the cycle of chronic inflammation in a range of diseases. We believe that targeting the inflammasome has tremendous potential for a wide range of inflammatory diseases where current treatments are ineffective."
((Comments on this story may be sent to email@example.com))
THE DAILY VIEW
Tea Forté Introduces ‘Matcha’ Collection
Convenience meets tradition in Tea Forté’s new Ceremonial Matcha Bowl Set and the Matcha Single Steeps.
The company said its spring harvested, shade grown, stone ground, organic matcha tea is best served in a centuries-old Japanese tea ceremony called chanoyu: a preparation technique known for its centering meditative qualities.
"The launch of Tea Forté's Matcha collection represents our continued commitment to wellness and cultivating all the potential mental and physical health benefits of tea," says Tea Forté CEO Michael Gebrael. "In addition to our high quality Pure Matcha, we've also blended four distinct flavored Matcha varieties. Prepackaged in pouches measured out for a single serving, our Single Steeps Matcha is ideal for the office, travel, or to keep with you for a boost anytime."
Tea Forté noted its handcrafted ceremonial tea bowl, handmade bamboo whisk and measuring ladle “encourages serene enjoyment of our premium Kosher, gluten-free and vegan matcha blends.” These include: Pure Matcha, Chocolate Matcha, Coconut Matcha, Ginger Matcha, and Chai Matcha.
According to a release, in addition to its distinctive taste, matcha is prized for its health benefits. Steeped green tea contains only the antioxidants that can be extracted in water, while with matcha, the whole leaf is consumed.
Available now in select stores and online at teaforte.com.
Expedia.com has released a year-end look at U.S. traveler behavior and trends for 2017, analyzing data to identify the most in-demand destinations, hotels, activities and more.
Among other insights, the roundup revealed:
- Labor Day was the busiest weekend for car rental
- Disney Theme Parks topped the list of things to do
- The average hotel stay was two nights
- Top destinations based on 2017 air travel included major global cities like New York, London and Bangkok
- Popular tourist destinations included Orlando, Cancun and Las Vegas