Picture EBD Group BIO-Europe 2023 Munich BEU23 650x100px
Document › Details

Intabio, Inc.. (2/6/20). "Press Release: Intabio Closes $18 Million Round in Series B Funding to Build Commercial Team and Launch Blaze Platform". Newark, CA.

Organisations Organisation Intabio Inc.
  Group Danaher (Group)
  Organisation 2 Northpond Ventures
Products Product Blaze™ System
  Product 2 venture capital
Person Person Wu, Lena (Intabio 201709 CEO + Co-Founder)

Intabio, a developer of instrumentation systems for biotherapeutic precision analysis and quality assessment throughout bioproduction, today announced a Series B investment of $18 million. The financing round was led by Northpond Ventures, with additional funds coming from Genoa Ventures and Vertical Venture Partners. In a testament to Intabio's steady progress, the step-up valuation financing round was fully subscribed by existing investors. The funds will be used to build Intabio's commercial team and prepare for launch of its Blaze™ platform.

"We believe Intabio is in a strong position to accelerate biotherapeutic development by enabling expanded quality monitoring throughout the drug development process," said Michael P. Rubin, M.D., Ph.D., Northpond's Founder and CEO. "The Intabio team achieved an impressive string of milestones during 2019 and we remain enthusiastic about the company's future as they progress toward commercialization of their first products."

Intabio's Blaze™ platform performs a comprehensive analysis of biopharmaceutical product quality with blazing speed, offering 100-fold higher throughput over traditional methods. Testing of beta systems by major Biopharma groups is scheduled to begin in the second quarter of 2020, with full commercial introduction slate for late 2020.

"We are grateful to receive such steady, enthusiastic support from our investors," said Intabio's CEO and co-founder, Lena Wu, Ph.D. "We built a strong foundation for our company in 2019, including the issuance of three patents, publication of a seminal paper, launch of our Technical Evaluation Service, and presentation of the first Blaze study by a Biopharma customer. This infusion of capital will fuel the commercial launch of the Blaze system which is eagerly anticipated by customers."

About Intabio

Intabio, Inc. is a Silicon Valley-based company developing analytical solutions to transform biotherapeutic development and manufacturing with products that provide early product quality characterization and profound efficiency gains across all stages of biopharmaceutical development and manufacturing. Intabio's first product, the Blaze system, is a microchip-based instrument system that will provide rapid detection and identification of subtle protein modifications - modifications that can undermine the stability and efficacy of biotherapeutic drugs such as monoclonal antibodies and recombinant proteins. For more information, please visit us at or email

Record changed: 2023-06-05


Picture EBD Group World of Partnering Opportunities 650x200px

More documents for Danaher (Group)

To subscribe to our free, monthly mass spectrometry newsletter, please send an e-mail to and simply fill the subject line with the word »MSC Newsletter«

Find more infos about advertising at [iito] web portals in our media flyer [iito] in a Nutshell [PDF file]

Please visit also our web portals for the Eurpean life sciences and the life sciences in German-speaking Europe (DE, AT & CH) at and


Picture EBD Group World of Partnering Opportunities 650x300px

» top