JHU vaccine startup wins big at Buffalo startup competition - Technical.ly Baltimore

Sciences

Nov. 11, 2016 12:49 pm

JHU vaccine startup wins big at Buffalo startup competition

PathoVax was recognized at 43North's glitzy business plan competition. Now the startup is heading to the Western New York accelerator for at least a year.

Joshua Wang and Weijie Poh of PathoVax.

(Courtesy photo)

The cofounders of startup that is looking to develop a vaccine for HPV are heading to a Buffalo accelerator.

PathoVax is among the new class of startups at 43North. A panel of judges and experts selected them as finalists after a big, fancy pitch competition held in late October meant to showcase Buffalo’s emerging tech chops.

It’s the latest step in the entrepreneurial journey for Weijie Poh and Joshua Wang, who came to Johns Hopkins as Ph.D. students.

Founded in 2014, the startup is looking to commercialize an HPV vaccine developed by Johns Hopkins School of Medicine professor Richard Roden. Known as RGVax, the antidote is unique in that it has shown to protect against all forms of cancer-causing HPV, including varieties that are transmitted both sexually and non-sexually.

In preclinical studies, “it was proven in peer review that we protect against at least 27 types of HPV,” Wang said.

Current vaccines only protect against some strains, and public health leaders are looking to combat a social stigma associated with the vaccine.

Having hatched at a Johns Hopkins lab, the company took advantage of opportunities in Maryland. They worked with entrepreneurship-backing initiatives at Johns Hopkins such as FastForward, and also licensed the technology from the university. Additionally, the company received funding from TEDCO’s MII Award. But they haven’t been shy about looking outside the state, too, winning a number of business plan competitions.

Weijie Poh celebrates PathoVax's win at 43North. (Courtesy photo)

Weijie Poh celebrates at 43North. (Courtesy photo)

The latest award requires that they relocate their principle office to Buffalo for at least a year. However, the Singapore natives see themselves as a “cross-border” operation. It’s not the first time they’ve sought opportunities elsewhere, working with the Harvard Innovation Lab, and heading on the road for a number of business plan competitions in both the Northeast U.S. and Asia.

Advertisement

“We have so much ongoing with Baltimore. Those engagements will continue,” Poh said.

This was the second year they entered at 43North, which drew more than 500 applicants and grads from high-profile startup programs. Formally, they are a finalist in the competition. They’ll get $500,000 (in exchange for 5 percent equity). That’s in addition to $725,000 that the company already raised.

“The money itself will allow us to really define our clinical strategy,” he said.

The company is targeting clinical trials on humans in 2018.

The accelerator also provides space and access to mentors. Poh said it’s also an opportunity to tap into the biotech community in upstate New York.

“The state itself has put a lot of manpower behind this initiative,” he said.

Organizations: Bio-Rad Laboratories
-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

Sickweather aims to help HR managers get ahead of what’s going around

4 university entrepreneurs talk about the passion behind the products

Maryland cybersecurity company Syncurity closes $2M seed round

SPONSORED

Baltimore

Why a modern office matters for Asymmetrik’s growing culture

Baltimore, MD 21201

14 West

Business Analyst

Apply Now
Baltimore, MD 21201

14 West

Solutions Specialist

Apply Now
Baltimore, MD

SmartLogic

Developer

Apply Now

These 6 startups are entering Accelerate Baltimore 2019

Baltimore’s b.well Connected Health honored as ‘Top Innovator’ at Accenture’s global health startup competition

AirPhoton’s sampling stations will help NASA investigate air pollution

SPONSORED

Baltimore

SmartLogic propels digital transformation aboard Baltimore Water Taxi

Baltimore, MD 21201

Agora Financial, an Agora Company

Front End Web Developer

Apply Now
Baltimore, MD 21201

Agora Financial

Email Deliverability Specialist

Apply Now
Annapolis Junction, MD

Asymmetrik

FULL-STACK DEVELOPER

Apply Now

Sign-up for daily news updates from Technical.ly Baltimore

Do NOT follow this link or you will be banned from the site!