
Transforming Cancer Care: LIfT BioSciences Secures Significant Funding
LIfT BioSciences, a pioneering biotech firm located in London, has successfully secured a €12 million grant to advance its groundbreaking research in overcoming treatment resistance in solid tumors. This noteworthy funding comes from Ireland’s Disruptive Technologies Innovation Fund (DTIF) and is the largest grant awarded by the DTIF to date.
Founded in 2016, LIfT BioSciences specializes in neutrophil immunotherapies, particularly their trailblazing Immuno-Modulatory Alpha Neutrophils (IMANs). Targeting critical treatment challenges, these neutrophils are engineered to restore immune function, providing a promising avenue for improving patient outcomes in oncology. Alex Blyth, CEO of LIfT, emphasized that this grant not only enhances their clinical-stage research but also positions the company at the forefront of next-generation cancer immunotherapies. The funds will significantly support manufacturing processes and clinical trials expected to commence in late 2026.
Collaboration with Expertise: A Game-Changer for Cancer Research
The strategic collaboration with the University of Galway and Hooke Bio enhances LIfT’s capacity for innovation. With the University’s vast knowledge in cell therapy development and Hooke Bio’s advanced immuno-analytics, these partnerships are set to accelerate the journey from research to real-world applications.
Paving the Way for Future Innovations in Cancer Treatment
By leveraging advanced technologies such as induced pluripotent stem cell (iPSC) technology, LIfT aims to develop next-generation therapies that could lead to cost-effective, long-term remissions for cancer patients. As cancer treatment continues to evolve, firms like LIfT BioSciences exemplify the transformative potential of targeted immunotherapies in combating one of the most pressing challenges in health care today.
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