Growing admirers for Sibylla’s tech targeting ‘paradigm shift in drug design’
It is not every day that an Italian biotech company raises 23 million euros ($24.7 million) in a Series A financing.
When they funded the round back in 2022, the international syndicate of life science investors clearly felt that Sibylla Biotech was onto something exciting with its pharmacological protein inactivation by folding intermediates targeting (PPI-FIT) technology.
The signs since suggest that other important players in the pharmaceutical industry feel the same way about the potential of this technology, which the company calls a ‘paradigm shift in rational drug design’.
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