NewStem

Precision Medicine Therapeutics

Health Tech & Life Sciences
Non Active, Oct 2024 ceased to operate
Seed Jerusalem Founded 2016
LinkedIn
Total raised
$5.0M
Last: Undisclosed 2021-09
Stage
Seed
Founded
2016
Headcount
3
HQ
Jerusalem
Sector
Health Tech & Life Sciences

About

NewStem has developed a novel technology for predicting resistance to anticancer treatments. The company is creating a diagnostic tool based on pioneering research in the field of human haploid pluripotent stem cells (HHPSCs), which are used for a variety of applications, ranging from basic research to therapeutics. Anticancer treatment often results in tumor resistance to the drugs used. Due to the differentiation capacity of pluripotent stem cells, one potential use is to assess the influence of mutated genes on a variety of cells, physiological processes, and drug responses. Human cells contain two copies of each gene (diploid cells), making it difficult to generate cells in which both copies of the relevant genes are mutated. NewStems findings enable the generation of fully functional stem cells containing only one copy of each gene (haploid cells). A unique and broad library of HHPSCs with different mutations and genetic makeups is enabling NewStem to develop diagnostic tools for personalized medicine. NewStem is a spin-off of Yissum Research Development Company of the Hebrew University of Jerusalem.

Funding history · 3 rounds · $5.0M total

2021-09
Undisclosed Undisclosed
2019-12
Seed $1.0M
2018-07
Seed $4.0M

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyTest Diagnostics & ScreeningDrugs Discovery & Development
Technologies
Platforms & InterfacesSoftwareBiologicalsCellsGenes
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business model
B2B

Highlights

1 PatentsVerified

Tags

clinicsdata-analyticshospitalshealthcare-providerscancer-therapydiagnosticspersonalized-medicinechemotherapyoncologygenetic-disorders