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Zydus Lifesciences venture capital arm invests in Feldan Therapeutics

Ruchika SharmaWritten by Ruchika Sharma Published On 2025-04-17T11:30:54+05:30  |  Updated On 17 April 2025 3:08 PM IST
Zydus Lifesciences venture capital arm invests in Feldan Therapeutics
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Pennington: Zydus Lifesciences' venture capital arm, Zynext Ventures USA LLC, has announced its investment in Feldan Therapeutics, a Canada-based early clinical-stage pharmaceutical company.

Feldan's proprietary Shuttle peptide technology enables the efficient and targeted delivery of biomolecules into cells. The company's lead candidate, FLD-103, is administered directly into basal cell carcinoma (BCC) lesions, where the Shuttle peptide facilitates the delivery of a Hedgehog inhibitor to its target within BCC cells.
This approach aims to provide BCC patients with a non-surgical treatment option that improves outcomes. Additionally, Feldan is advancing a pulmonary program that leverages the Shuttle's unique ability to transport biomolecules into hard-to-deliver lung cells to address the unmet and growing medical needs of patients with respiratory diseases.
Speaking on the development, Dr. Sharvil Patel, MD of Zydus Lifesciences, said, “At Zydus, we are committed towards advancing the development of novel therapeutics to addressing critical gaps in healthcare through innovation. We are pleased to support Feldan in exploring a potentially safe and targeted option for patients with dermatological and pulmonary disease and help them lead a better quality of life.”
Jay Kothari, Director of Zynext Ventures, highlighted, “Feldan's platform has the potential to transform intracellular delivery and pioneer next-generation therapeutics, aligning with the disruptive innovations we aim to add to our portfolio.”
"This partnership with Zynext Ventures marks an exciting step forward in our commitment to improve patients' quality of life and address critical drug delivery challenges," said FrançoisThomas Michaud, CEO of Feldan Therapeutics. "With Zynext Ventures’ strategic expertise and shared dedication to innovation, we are well-positioned to accelerate the development of next-generation therapies."

Zynext Ventures is the investment arm of Zydus Lifesciences. The venture capital firm focuses on identifying and investing in promising early-stage and growth-stage companies in the healthcare sector. Zynext Ventures provides financial support, strategic guidance, and industry expertise to its portfolio companies.

Read also: Zydus Lifesciences bags USFDA nod for Duchenne muscular dystrophy drug Jaythari
zynext ventureszydus lifesciencesfeldan therapeuticsFLD 103
Ruchika Sharma
Ruchika Sharma

    Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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