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It’s a great time to be an Under 30 in the worlds of healthcare and science. Especially for Arthur Kuan, the CEO of CG Oncology. The 2020 Under 30 Healthcare lister is working to supplant the current treatment for bladder cancer that’s been virtually unchanged for decades.
“The market in bladder cancer is so underserved that it’s really a blue ocean,” Kuan told my colleague, Forbes Senior Editor Alex Knapp.
If all goes well, his drug may be on the market as early as 2026. To help it get there, CG Oncology announced this week that it has raised a $105 million crossover financing round co-led by TCGX and Foresite Capital.
He’s not the only Under 30 community member with funding news. 2021 Under 30 Science lister Basem Al-Shayeb announced yesterday that his startup Amber Bio has emerged from stealth with a $26 million seed funding round that was led by Playground Global.
The San Francisco-based company uses Crispr gene editing tools to target RNA, rather than DNA, which has the potential to correct a broader variety of genetic disorders while reducing safety risks. Check out their plan to innovate new genetic medicines here.
AI Chatbots Are The New Job Interviewers
On Our Radar
-Taylor Swift is going anywhere she wants, anywhere she wants, just not home, as she sings in her song My Tears Ricochet. The Under 30 alumna will be touring in North America for longer after adding four new stops on the North America leg of her Eras tour. (USA Today)
-Solar panels are considered clean energy, but after they are damaged, they end up in landfills. We Recycle Solar is a company that seeks to refurbish solar panels, some of which have expensive materials in them that can also be repurposed. (Los Angeles Times)
-Organizations that fight against anti-semitism will be given $437 million in proceeds from sales of leftover Yeezys after Ye, the rapper previously known as Kanye West, repeatedly made anti-semitic comments starting in October 2022. (AP News)
Lister Lowdown
-MyWellbeing, an online therapy platform that matches therapists to patients, started a crowdfunding campaign to raise $15,000 to relieve patients’ medical debt–10% of which they have already raised. Alyssa Petersel, a 2021 Consumer Technology lister and founder of the company, says the fund will go toward patients who have used their platform to find therapists and have received unexpectedly high fees for therapy sessions.
-HOPE Hydration recently installed one of its tech-enabled water refill stations in the center of Times Square to help reduce waste caused by single use plastic water bottles, says Jorge Richardson, the startup’s founder and 2022 Marketing & Advertising lister. The installation is a joint partnership with Times Square Alliance. The water station is meant to bring more exposure to HOPE Hydration while giving its users an experience of using the product.
Read the full article here
