Renewal Bio Acquires Breakthrough Stem Cell Technology With Applications in Infertility and Longevity

Renewal will use technology developed at the Weizmann Institute of Science to drive advancements in infertility, genetic diseases therapies, lab-grown organs, and blood system rejuvenation

REHOVOT, ISRAEL – WEBWIRE



Renewal Bio, a newly formed biotechnology company focused on infertility and longevity, today announced it has acquired an exclusive license from Yeda Research and Development Co Ltd, the commercial arm of the Weizmann Institute of Science, to a newly developed synthetic embryo technology. The technology was spearheaded by Prof. Jacob Hanna, Ph.D., M.D., as recently published in Cell, and builds on his research published in Nature last year. Renewal Bio plans to develop a bio platform that combines biology, hardware, and software to drive advancements and develop therapies for infertility, genetic diseases, lab-grown organs, and blood system rejuvenation.



The Problem: Humanity is Getting Older and Sicker



Since the turn of the century, developed nations have seen a clear trend: declining birth rates and fast aging populations. With significant socioeconomic implications, this trend threatens to upend health systems, retirement programs, and workforces across the globe. At the beginning of life, this is shown by a 5-10% increase in infertility treatments by U.S. couples each year. Towards the end of life, these issues are manifesting in fast-aging populations that balloon healthcare costs. In the U.S., the aging population is driving national health expenditures to increase at a rate of 5.5% per year, and are expected to reach more than $6 trillion annually by 2027.



The Solution: A Bio Platform to Renew Humanity



To solve these complex and compounding issues, Renewal Bio aims to make humanity younger and healthier by leveraging the power of the new stem cell technology. The technology can be applied to a wide variety of human ailments including infertility, genetic diseases, and longevity.



Renewal Bio’s founding team includes:

  • Omri Amirav Drory, Ph.D. – Interim CEO – a two-time scientist Founder behind Genome Compiler, software platform for genetic engineers and molecular and synthetic biologists which was acquired by Twist Biosciences. He is also a General Partner at NFX Bio, a leading life science venture capital firm.
  • Jacob Hanna, Ph.D., M.D. – Chief Scientific Advisor – Professor of Stem Cell Biology in the Department of Molecular Genetics at the Weizmann Institute of Science in Israel. Prof. Hanna is a leading researcher in the fields of pluripotent stem cell biology, early embryonic development, and modeling human diseases.

Anyone interested in joining the company’s mission of making humanity younger and healthier can learn more at renewal.bio.



About Renewal Bio



Founded in 2022, Renewal Bio mission is to renew humanity – making us younger and healthier. The company was founded by Omri Amirav Drory and Jacob Hanna to develop therapies ranging from infertility treatments to lab-grown organs using novel stem cell technology developed at the Weizmann Institute of Science. Learn more at renewal.bio.



About Yeda



Yeda Research and Development Company Ltd. is the commercial arm of the Weizmann Institute of Science. Yeda currently manages approximately 500 unique patent families and has generated the highest income per researcher compared to any other academic technology transfer operation worldwide. Through the years, Yeda has contributed to the commercialization of a number of groundbreaking therapies, such as Copaxone, Rebif, Tookad®, Erbitux®, Vectibix®, Protrazza®, Humira®, and the CAR-T cancer therapy Yescarta®. For more information, visit www.yedarnd.com/.



About the Weizmann Institute of Science



The Weizmann Institute of Science in Israel is one of the world’s top-ranking multidisciplinary research institutions. Noted for its wide-ranging exploration of the natural and exact sciences, Weizmann Institute’s scientists are advancing research on the human brain, artificial intelligence, computer science and encryption, astrophysics and particle physics, and are tackling diseases such as cancer, while also addressing climate change through environmental, ocean, and plant sciences.

WebWireID292455

Contact Information
Riley Munks
Media Contact
Renewal Bio
riley@nfx.com

This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.

Canada – Renewal of interim understanding reached that will see Potlotek First Nation members fishing in pursuit of a moderate livelihood

Building on last year’s successful moderate livelihood fishery, Fisheries and Oceans Canada (DFO) has reached a second interim understanding with Potlotek First Nation that will see their members fishing jakej (lobster) in pursuit of a moderate livelihood and selling their catch under Potlotek’s Netukulimk Livelihood Fisheries Plan and a DFO-issued authorization. The plan was developed by the community with support from the Assembly of Nova Scotia Mi’kmaw Chiefs and Kwilmu’kw Maw-klusuaqn Negotiation Office (KMKNO).

April 29, 2022

Dartmouth, Nova Scotia – Building on last year’s successful moderate livelihood fishery, Fisheries and Oceans Canada (DFO) has reached a second interim understanding with Potlotek First Nation that will see their members fishing jakej (lobster) in pursuit of a moderate livelihood and selling their catch under Potlotek’s Netukulimk Livelihood Fisheries Plan and a DFO-issued authorization. The plan was developed by the community with support from the Assembly of Nova Scotia Mi’kmaw Chiefs and Kwilmu’kw Maw-klusuaqn Negotiation Office (KMKNO).

Harvesters designated under Potlotek’s Netukulimk Livelihood Fisheries Plan will fish a total of 1,200 traps during the established 2022 commercial seasons distributed across Lobster Fishing Areas (LFAs) 27, 28, 29, 30 and 31A – all of which are within the Unama’ki District where Potlotek is located.

To enable fishing in pursuit of a moderate livelihood without increasing overall effort in these LFAs, the Department remains committed to continuing to work with the commercial industry to ensure that effort is aligned with available access. The preferred approach to obtaining access is through the willing buyer – willing seller voluntary licence relinquishment process.

“The interim understanding reached with Potlotek First Nation last year was the first of its kind. This understanding saw members of the community fishing in pursuit of a moderate livelihood under a community-developed plan and DFO authorization. The success of that collaborative approach set the stage for understandings with other Mi’kmaw communities. I am pleased that the original understanding will be renewed this year to support the implementation of rights-based fishing for Potlotek and other First Nations.”

The Honourable Joyce Murray, Minister of Fisheries, Oceans and the Canadian Coast Guard

“I’d like to congratulate Chief Wilbert Marshall for his leadership, and I wish Potlotek First Nation, and all harvesters, a prosperous and safe fishing season. I look forward to our continued work together on oceans protection, safety on the water, conservation, and the preservation of the industry for generations to come.”

Mike Kelloway, Parliamentary Secretary to the Minister of Fisheries, Oceans and the Canadian Coast Guard, MP Cape Breton—Canso

Claire Teichman

Press Secretary

Office of the Minister of Fisheries, Oceans and the Canadian Coast Guard

604-679-5462

Claire.Teichman@dfo-mpo.gc.ca