Bitterroot Bio is a Palo Alto, California clinical-stage biotechnology company pioneering the field of cardio-immunology - the science of how the immune system drives heart disease. Founded by veterans of Forty Seven (the CD47 company Gilead bought for ~$5 billion), Bitterroot is turning the immune-checkpoint playbook from cancer toward atherosclerosis. Its lead candidate, BRB-002, is an immunomodulating protein that blocks the CD47 'don't eat me' signal on arterial plaque, prompting macrophages to clear inflammation and stabilize plaque - a mechanism that works differently from cholesterol-lowering drugs. The company launched out of stealth in June 2023 with a $145 million Series A, which it called the largest-ever round for a preclinical cardiovascular biotech.
Kira Biotech is a Brisbane-based clinical-stage immunology company developing first-in-class antibody therapeutics that retrain the immune system instead of broadly suppressing it. Its lead candidate, KB312, selectively depletes activated immune cells to restore immune tolerance, aiming to treat difficult autoimmune and inflammatory conditions such as rheumatoid arthritis, lupus, type 1 diabetes, and graft-versus-host disease. Built on decades of dendritic-cell research from Australian institutes and led by US rheumatologist Dr Dan Baker, the company launched with a A$20 million Series A in 2019 led by OneVentures and IP Group.