SOUTH FLORIDA BIOTECHNOLOGY COMPANY LAUNCHES CROWDFUND FOR CLINICAL TRAILS

Published Thursday, January 9, 2020

Jupiter-based BioCurity Pharmaceuticals, an early-stage biotechnology company backed by the Palm Beach County Business Development Board (BDB), has launched a crowdfunding campaign to advance the development of drugs that would prevent the side effects of radiation therapy for cancer patients.

The firm so far has raised over $117,000 in equity from more than 50 investors through a regulation crowdfunding offering on Start Engine. The topical and IV medicine in development would treat the side effects caused by radiation for multiple cancers, including lung, breast, head and neck, prostate and colorectal. BioCurity is expected to meet with the U.S. Food and Drug Administration about its initial drug application before it is submitted.

"BioCurity is revolutionizing treatments for cancer patients. That's an amazing technology to support cancer patients undergoing lifesaving radiation therapy using Jupiter as its launchpad," BDB President and CEO Kelly Smallridge said.

BioCurity's new employees and senior management have relocated to Palm Beach County and they plan to add 15 professional, administrative and scientific staff members by 2023 as they expand locally, according to the BDB.

The BDB is aggressively recruiting biotechnology companies to set up shop in the region because of their high-paying positions. Bioscience powerhouses including the Scripps Research Institute and the Max Planck Society, as well as surrounding universities, are actively contributing to Palm Beach County's rising reputation as a hub for biotechnology.

South Florida Business Journal
Emon Riser

https://www.bizjournals.com/southflorida/news/2020/01/09/biocurity-launches-crowdfund.html

 

Investors

#1 Palm Beach County Board of County Commissioners Aerojet Rocketdyne Bank of America Bank United Baptist Health South Florida
Caler, Donten, Levine, Cohen, Porter & Veil, P.A. CareerSource DePuy Synthes Power Tools, a Johnson & Johnson Company Equestrian Center Florida Crystals Corporation
FPL Greenberg Traurig Gunster Hardrives, Inc. HCA Palm Beach Hospitals
Hedrick Brothers Construction Hospital for Special Surgery J.C. White JP Morgan Chase LRP Publications
Martens Group Minto Communities, LLC NCCI Nova Southeastern University Palm Beach Aggregates, LLC
Palm Beach Park of Commerce PNC Bank Pratt & Whitney (A United Technologies Company) Raymond James Financial Services/Boynton Financial Group, Inc. RSM
South Florida Business & Wealth Magazine South Florida Business Journal Stiles-Nicholson Foundation TD Bank Tortoise Properties
Wells Fargo & Company Wexford Capital