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Business

Irish Start-up Wins Venture Funding

by Michael McCoy
June 3, 2013 | A version of this story appeared in Volume 91, Issue 22

Ireland’s Trino Therapeutics has secured a $12 million investment from new investor Fountain Healthcare Partners and founding investor the Wellcome Trust. The company, founded in 2011 by a pharmacologist and a medicinal chemist from Trinity College Dublin, is developing drugs inspired by indane dimers found in a Taiwanese fern used in traditional medicine. Trino’s lead drug candidate, PH46A, is targeted at inflammatory bowel diseases.

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