BOSTON – Mintz announced today that it advised Hopewell Therapeutics, a biotechnology company with a differentiated lipid nanoparticle platform harnessing unique ionizable lipid chemistry, in its Seed Financing of up to $25 million. The funds will enable Hopewell to advance the development of genomic medicines based on its differentiated tissue-targeted Lipid Nanoparticle (ttLNP) platform through both internal pipeline programs and external partnerships.
Investors included Mass Ave Capital, 5Y Capital and HIKE Capital. The funding was carried out in multiple stages, with a significant portion of funds already received by the company, along with additional commitments from existing investors.
Hopewell’s ttLNP platform was transformed by a decade of research and foundational intellectual property from Tufts University, where Founder and Chief Technology Officer, Qiaobing Xu, Ph.D., is a professor of Biomedical Engineering. Hopewell holds exclusive licenses to the Tufts-derived ttLNP intellectual property estate for use in a broad field of clinical and commercial applications.
More information about the financing can be obtained from Hopewell’s announcement.
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