Flagship’s ProFound Therapeutics secures up to $35 M from Gates Foundation to discover preeclampsia drug targets
Flagship Pioneering’s ProFound Therapeutics has entered a new partnership with the Gates Foundation that could provide up to $35 million for research. The agreement includes an initial $20 million payment, with an additional $15 million contingent on meeting specific experimental milestones.
The collaboration will focus on using ProFound’s extensive proteomics library to examine placental tissue and identify biomarkers and potential drug targets for preeclampsia, a high‑blood‑pressure condition that can be fatal for mothers and infants.
ProFound CEO John Lepore, M.D., highlighted the global health impact, noting that preeclampsia remains a leading cause of maternal and fetal death, especially in low‑resource settings where acute care is limited. The Gates Foundation’s involvement underscores its commitment to addressing this critical unmet need.
This writeup was produced by pharmadog from original reporting by Fierce Biotech.
Original headline: “Flagship’s ProFound partners with Gates Foundation in $35M preeclampsia target discovery pact”
read at Fierce Biotech ↗
comments(0)
5-min edit window · permanent after that