Forcefield Therapeutics launches today following 5.5m commitment from Syncona – Yahoo Finance

Forcefield Therapeutics

Forcefield Therapeutics launches today following 5.5m commitment from Syncona

New biotechnology company launched to develop pioneering, best-in-class therapeutics to protect heart function following acute myocardial infarction (AMI)

London UK, 25 April 2022 Forcefield Therapeutics (Forcefield) Ltd, a pioneer of best-in-class therapeutics to protect heart function by arresting the loss of cardiomyocytes following myocardial infarction, officially launches today following a 5.5 million commitment from Syncona Ltd, a leading healthcare company focused on founding, building, and funding a portfolio of global leaders in life sciences.

Forcefield is founded on the work of Professor Mauro Giacca, an authority in cardiovascular disease and genetic biology at the School of Cardiovascular Medicine and Sciences, Kings College London. Professor Giacca and his research team discovered three naturally occurring cardioprotective proteins capable of retaining cardiac tissue damaged by acute myocardial infarction (MI) via a unique combination of actions. This work originated at the International Centre for Genetic Engineering and Biotechnology ICGEB, Trieste, Italy.

Myocardial infarction (heart attack) can trigger the loss of large numbers of cardiomyocytes, or heart cells, which can lead to a cascade of events leading to heart failure. Up to 25% of cardiomyocytes can be lost during and immediately after MI.

The three identified proteins have the potential to retain heart function, preventing the progression to heart failure. These proteins form the basis of the Companys discovery pipeline and will initially be developed as an easily and acutely administered formulation enabling rapid treatment soon after MI before heart damage becomes irreversible, with potential for wider applications.

The targets were identified through FunSel, a transformational search engine which is agnostic of gene and mechanism of action, based on the physiology of the organ and disease in question, removing the bias built into typical drug discovery, which is disease or single target focused.

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Richard Francis, Chief Executive Officer of Forcefield Therapeutics, commented: Myocardial infarction remains the most common cause of heart failure worldwide, with 1.7% of the worlds population at risk. Our aim is to revolutionise acute post-MI treatment and prevent the cascade of events that may lead to subsequent heart failure. We believe that Forcefield and the development of Professor Giaccas discoveries will revolutionise patient treatment following acute MI, moving beyond the current approach: slowing the progression of heart failure, and enabling us to prevent irreversible cardiac damage.

Professor Mauro Giacca, Forcefield Therapeutics founder and board member said: Despite decades of research, no current treatment is able to prevent the death of cardiomyocytes or a reduction in lifespan and quality of life following acute MI. By redefining the search for cardioprotective therapies, we have identified proteins that have not been previously linked to cardiac health, but which hold the potential to retain heart function, preventing premature death of heart cells and thus counteracting the deleterious effects of MI.

Chris Hollowood, Chief Investment Officer of Syncona Investment Management Limited, added: The proteins identified through FunSel contain mechanisms which have naturally evolved to repair molecular, cellular, and organ damage and may have potential in other diseases with similar aetiology. Syncona is excited to be able to support Forcefield, which has the potential to create a breakthrough in the treatment of MI.

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Notes to Editors

About Forcefield Therapeutics Ltd.

Forcefield Therapeutics Ltd (Forcefield Tx) is a pioneer of best-in-class therapeutics to retain heart function via protection of cardiomyocytes. Forcefield Tx was founded by scientists, industry experts and investors with a shared purpose to revolutionise treatment following acute myocardial infarction (MI). Forcefields unique approach can both retain and protect heart cells, minimising the impact of MI and preventing the cascade of events that may lead to subsequent heart failure. Forcefield Tx is led by a proven team with a record of success from discovery to commercialisation and is backed by leading FTSE 250 healthcare company, Syncona. For more information please visit: forcefieldtx.com.

Contacts:

Forcefield Therapeutics

Richard Francis, CEOcontact@forcefieldtx.com+44 (0)20 3855 6324

Syncona

investorrelations@synconaltd.com

Consilium Strategic Communications

Amber Fennell, Jessica Hodgson, Genevieve Wilsonforcefield@consilium-comms.com

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Forcefield Therapeutics launches today following 5.5m commitment from Syncona - Yahoo Finance