EXCLUSIVE: Rising biotech Cellino is raising $75 million to to make it easier to produce stem cells with AI
. Several companies have struggled to transition from producing small batches of cells for clinical trials to distributing commercial drugs to the masses.
Cell therapies are generally grown in small batches. Only 10% to 20% of the cells in each batch will be of a high enough quality for use, making the entire process time-consuming and expensive. In some cases, the cells are specialized enough that each batch will work as treatment for only a single patient. with their cell therapies for cancer, which need to be tailored to a patient's individual immune system.
By 2025, Cellino anticipates making 10 million cells for about $30,000, according to the company. Making that many cells would cost about $1 million now, CEO Nabiha SaklayenCellino was founded in 2017 by Saklayen and Marinna Madrid, who were then Harvard University doctoral students, as well as the entrepreneur Matthias Wagner.
"I had committed to living at the interface of physics and biology for my PhD because I really felt that there were many important problems that could be solved in biology to enable further innovation in biomedicine and bioengineering, using tools and approaches from physics," Saklayen said in"It's our mission to democratize accessibility towards personalized stem cell-based therapies.
The biotech launched in February after raising $16 million in seed financing from The Engine , Khosla Ventures, and other investors. In May, Saklayen was
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