- Raised $35M funding round, Dec 2023
- Raised grant, Jan 2024
- Raised grant, Jan 2023
About
New Phase, is at the forefront of breakthrough solutions in Oncology. New Phase’s Nanotechnology System is a novel solution designed to treat metastatic solid tumors through delivery of thermal energy to malignant cells, thereby causing cancer cell death via electromagnetic hyperthermia, without harming healthy tissues and without side effects. Promising early feasibility studies show either tumor destruction or stable disease in patients that are already exhausted all other treatments.
New Phase technology can act as a stand-alone treatment, which aims to prolong the patient's life, with a chronic treatment which turn the disease to be manageable. This solution can be offered to stage IV patients either tried everything or would like an alternative approach instead of curable attempts which contain severe side effects
The technology involves two primary components developed by New Phase: Sarah Nanoparticles (SaNPs) and an Electromagnetic Induction System (EIS). The SaNPs are proprietary biocompatible nanoparticles containing multi core of super paramagnetic iron oxide. They are administered intravenously to the patient and localized via the Enhanced Permeability and Retention (EPR) effect on cancer cells. Following delivery and accumulation of the particles on malignant tissue, the patient undergoes regional body alternating magnetic field (AMF) application with the EIS at ~290 kHz. The SaNPs are activated by absorbing the AMF energy, converting it to thermal energy and reaching the desired temperature of 50°C. Cancer cells cannot survive at 50°C while healthy cells remain unharmed. As a result, this process leads to the destruction of malignant cells without causing damage to healthy cells.
Funding history · 3 rounds · $35.0M total
Q&A
- What is New Phase's primary focus?
- New Phase specializes in breakthrough solutions in Oncology, specifically therapeutic hyperthermia technology for treating metastatic solid tumors.
- How does New Phase's core technology work?
- New Phase's Nanotechnology System uses Sarah Nanoparticles (SaNPs) and an Electromagnetic Induction System (EIS). SaNPs are administered intravenously, localize on cancer cells, and are then activated by an alternating magnetic field (AMF) from the EIS, generating thermal energy to destroy malignant cells without harming healthy tissue.
- When was New Phase founded?
- New Phase was founded in August 2013.
- What is the current employee count for New Phase?
- New Phase has 11-50 employees.
- What is the total amount of funding New Phase has raised to date?
- New Phase has raised a total of $35,000,000 USD.
- When did New Phase receive its most recent grant?
- New Phase received a grant in January 2024.
- Who are the co-founders of New Phase?
- The co-founders of New Phase are Ofer Shalev, who also serves as CEO, and Rafael Hof, who is a Board Member.
- What stage is New Phase currently in?
- New Phase is currently in the Series A funding stage.
- What is the product stage of New Phase's technology?
- New Phase's product is in the clinical trial stage.
Team · 2
Sectors & technology
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Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | newphase.co.il/ |
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| linkedin.com/company/70902387 |
Identifiers & details
| Founded | 2013-8 |
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| Employees (exact) | 25 |
Radar intelligence
Patents
| EPO | 34 |
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Web history (Wayback)
| Domain | newphase.co.il |
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Certificate / subdomain footprint
| Subdomains | 8 |
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