RenBio, a private preclinical biotech firm, completed a $24M Series A financing led by Ruentex Group from Taiwan. We focus on novel antiviral antibody therapeutics and an advanced antibody delivery platform.

RenBio has also signed a license agreement with Columbia University, giving our company the exclusive worldwide development and commercialization rights to a novel bispecific antibody (RB-100) for COVID-19 that was developed in the lab of David D. Ho, M.D. of Columbia University and targets two distinct sites on the spike of SARS-CoV-2.

In preclinical studies, RB-100 demonstrated robust antiviral activity against SARS-CoV-2 variants that have recently emerged from the U.K. (B.1.1.7), South Africa (B.1.351), Brazil (P.1), California (B.1.427 and B.1.429), and New York City (B.1.526).

Learn more about this subject here: PR Newswire; Fierce BioTech; Endpoints News.