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Biotechnology
Photys Therapeutics launches with $75 million for phosphorylation-inducing molecules
by Gina Vitale
September 16, 2022
| A version of this story appeared in
Volume 100, Issue 33
Photys Therapeutics has debuted with $75 million in series A financing to develop phosphorylation-inducing chimeric small molecules (PHICs) to treat disease. PHICs are two-ended molecules that draw together kinases with proteins that are implicated in disease; the kinases phosphorylate the target proteins to modulate their function. The start-up was cofounded by Amit Choudhary of Brigham and Women’s Hospital and the Broad Institute of MIT and Harvard.
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