India, March 13 -- image credit- shutterstock

Zynext VenturesUSALLC (Zynext Ventures), the venture capital arm of Ahmedabad-based Zydus Lifesciences, has announced its investment in US-based Illexcor Therapeutics, a pioneering biopharmaceutical company developing next-generation oral therapies for sickle cell disease (SCD).

Illexcor is developing a first-in-class oral drug that directly targets the root cause of SCD. Their lead asset, currently in preclinical development, is designed to bind to Hemoglobin S and effectively block polymerisation and sickling, offering the potential for disease-modifying clinical benefits.

Speaking on the development, Dr Sharvil Patel, MD of Zydus Lifesciences, said, "This investment reflects our commitme...