BOSTON, Aug. 6, 2024 -- Dotmatics, a leader in R&D scientific software connecting science, data, and decision-making, today announced a significant minority investment in BioGlyph, a startup biotech software company that is developing technology to visually illustrate, register, and model biologic molecules including, specifically, multispecific antibodies (MsAbs).
BioGlyph possesses proprietary technology and exceptional talent in the realm of MsAbs R&D focused on accelerating and improving the development of protein therapeutics. One of the fastest growing new research modalities today is MsAbs, and Dotmatics is supporting its customers who are pursuing new therapies using a multimodal approach to life science discovery.
MsAbs bind two or more antigens, enabling new therapeutic applications that conventional monoclonal antibodies cannot fulfill. This technology is crucial for bridging different cells or receptor proteins on the same cell, presenting groundbreaking opportunities in therapeutic development.
"This investment aligns with the repeated interest we are hearing from customers about the need for software that supports MsAb formats," said Thomas Swalla, CEO of Dotmatics. "As drug discovery becomes more multidisciplinary, the legacy software in labs isn't keeping pace with new modalities. That's why we introduced our new scientific intelligence platform, Luma, which lets scientists connect old and new science in a way that enhances the precision and efficiency of antibody design and production."
BioGlyph is led by CEO and co-founder Fernando Garces, formerly director of Protein Therapeutics at Gilead Sciences and principal scientist at Amgen, and BioGlyph founder McClain Kressman, a PhD candidate at the University of California, Santa Cruz. Avi Peltz is also a co-founder and leads software development at BioGlyph.
"After 20 years in protein engineering, I recognized that traditional tools couldn't keep up with the increasing complexities of biotherapeutics, especially MsAbs. This led the BioGlyph team to create a visual software solution that empowers protein engineers with creativity while managing registration, data labeling, and in-silico testing of MsAbs' fitness, among other functions," said Fernando Garces, CEO of BioGlyph. "Our software will empower the R&D scientists to make better decisions that accelerate timelines and lower costs. Working together with Dotmatics will help us bring this in-demand technology to market in an expedited way and one that explores many avenues of integration with Dotmatics' industry-leading technologies."
"Dotmatics' investment in BioGlyph gives us financial resources, leadership, and technical expertise to accelerate the development of our BioGlyph Platform," said McClain Kressman, founder of BioGlyph. "We are eager to harness the power of AI in life sciences, providing protein engineers with cutting-edge tools for the future."
Forward Looking Statements
This press release contains forward-looking statements that are intended to outline our general product strategy. It is intended for informational purposes only and speaks only as of the date the statements are first published. It is not a commitment to deliver any functionality and should not be relied upon for making purchase decisions. You should not put any contractual reliance on these statements. The development, release, and timing of any products or capabilities remains at the sole discretion of Dotmatics.
No representation or warranty, express or implied, is provided in relation to the fairness, accuracy, correctness, completeness or reliability of the information, opinions or conclusions expressed herein. Only those representations or warranties that are made in or pursuant to one or more definitive agreements involving the parties will have any legal effect.
About Dotmatics
Dotmatics is a leader in R&D scientific software connecting science, data, and decision-making. Its enterprise R&D platform and scientists' favorite applications drive efficiency and accelerate innovation. More than 2 million scientists and 10,000 customers trust Dotmatics to help them create a healthier, cleaner, safer world. Dotmatics is a global team of more than 800 people dedicated to supporting its customers in over 180 countries. Dotmatics has made 14 acquisitions since 2017. The company's principal office is in Boston, with 14 offices and R&D teams located around the world.
Dotmatics is backed by Insight Partners, a leading global venture capital and private equity firm investing in high-growth technology and software scaleup companies. Learn more about Dotmatics, its platform, and applications including GraphPad Prism, Geneious, SnapGene, Protein Metrics, and LabArchives at https://www.dotmatics.com.
About BioGlyph
BioGlyph is a biotech firm specializing in Multispecific Antibody research and development. With a focus on innovative therapeutic applications, BioGlyph leverages advanced technologies to design and produce highly specific antibodies that address complex biological challenges.
This News is brought to you by Qube Mark, your trusted source for the latest updates and insights in marketing technology. Stay tuned for more groundbreaking innovations in the world of technology.
