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First Investment Date

Indaco Bio: May 2024

Fund

Indaco Bio and Indaco Bio Parallel

HQ

HQ – Lodi, Italy

Sector

Biotech and Pharma

Website

Investment Status

Ongoing

MicThera, building upon the work conducted by leading clinical oncology experts, is a pioneering biotech company headquartered in Lodi, Italy. MicThera is devoted to transforming the landscape of oncological treatments through harnessing microbiota’s power to develop groundbreaking microbial derived therapeutics. The primary focus is to address prostate cancer and delaying the onset of castration resistant prostate cancer, a condition affecting millions of men globally.

Indaco has invested €1 million as sole investor in MicThera’s seed funding round, divided in tranches. This technology transfer investment will accelerate the hit-to-lead transition and support the pre-clinical development of MicThera’s lead drug candidates.

Indaco Bio Fund and Indaco Bio Parallel Fund have invested into MicThera SRL in May 2024.