EnteroBiotix raises more than $21 million in Series A funding to advance its microbiota drug pipeline

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The Company also has an operation called ‘Number 2’ (https://number2.org/) which is dedicated to the collection and extensive quality control testing of donated intestinal microbiome material to ensure it meets the high safety and quality standards needed to produce next-generation microbiome therapeutics. Story continues Media contacts:

Frank Lis, President at Kineticos Ventures, said: “At Kineticos Ventures we back ambitious entrepreneurs that are advancing the boundaries of scientific research to improve patient outcomes. We were attracted to EnteroBiotix’s innovative approach to reinstating gut microbiome diversity and function as it has global potential in multiple disease areas.” Mark R. Bamforth at Thairm, said: “We are delighted to extend our backing of EnteroBiotix’s exciting microbiome-based portfolio. We believe that its innovative approach, including end-to-end control of its supply chain to support clinical trials, could provide significant benefits across a range of diseases.”

The Company’s approach is focused on addressing diseases by enhancing the diversity of the microbiome for a healthier life. Its product portfolio has potential applicability across multiple disease areas. In addition to advancing its product pipeline, the Company plans to grow its headcount to around 50 as well as expand its leading GMP manufacturing and analytical capabilities. Dr James McIlroy, CEO at EnteroBiotix, said: “This successful financing round is a strong endorsement of our pioneering microbiome approach. It gives significant momentum to our mission to transform the lives of patients through novel orally delivered medicinal products that enhance the gut microbiome. We are determined to change the standard of care for patients battling debilitating diseases associated with the microbiome.”

About EnteroBiotix EnteroBiotix is a biopharmaceutical company developing novel medicinal products that enhance the gut microbiome and target multiple disease indications. Established in 2017, EnteroBiotix is headquartered in Glasgow, Scotland and operates research laboratories and GMP pharmaceutical manufacturing suites in Glasgow and Aberdeen. The company has raised around £18m in equity investment since incorporation, from investors including Thairm Bio, the Scottish Enterprise, and Kineticos Life Sciences. The company also owns a subsidiary operation called Number 2, which ensures the security and quality of supply of microbiota from human donors. For more details see https://www.enterobiotix.com/ and https://www.linkedin.com/company/enterobiotix/. Daniel Gooch dan@sciuscommunications.com

Scius CommunicationsKatja Stout katja@sciuscommunications.com EnteroBiotixDr James McIIroy, CEO j.mcilroy@enterbiotix.com

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