Quantiphi and IAN Group, both of Boston, have invested an undisclosed sum in Transcell Biologics, a biotechnology company.
Transcell Biologics stated in a press release that the proceeds will be allocated to the expansion of the client base and the implementation of Digital Animal Replacement Technology (DART) as an enterprise solution for the global bio and pharmaceutical industry.
Transcell Biologics, which was established in 2009 by Subadra Dravida, is a company that specializes in the optimization of stem cell yield while maintaining pluripotency and functionality. The company has also diversified its applications for stem cell technologies and offers a proprietary process.
DART, a Hyderabad-based company, offers animal-free testing methods that integrate human MicroPhysiological Systems (hMPS) technology with AI/ML embedded in silico platform configurations to automate and expedite the bioassay processes, resulting in statistically compliant reports. The solution is intended to efficiently evaluate the safety and efficacy of medications and vaccines intended for human consumption.
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According to Transcell Biologics, the implementation of DART has acquired substantial momentum in Indian markets, as biopharmaceutical companies have incorporated its enterprise solution into their high-impact programs. The organization intends to broaden its clientele in Japan, Europe, and the United States.
About Transcell Biologics
Founded in 2009 by Subadra Dravida, Transcell Biologics is an innovative biotech company with continuous discovery and process development as it’s central theme to deliver unique disruptive stem cell-based solutions to treat chronic and debilitating diseases that have otherwise no options available to manage.
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