David Bassa
CEO
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Stero Biotechs
Former names:
CBD-based Treatment Solutions
Stealth Mode
Stero Biotechs
Stero Biotechs Overview
STERO Biotechs is a clinical-stage company that researches and develops novel and improved treatment solutions designed to benefit patients by reducing the side effects of and need for steroid therapy. STERO uses cannabidiol (CBD), a non-psychotropic component of cannabis sativa, which has been shown to possess potent immunomodulatory and anti-inflammatory properties in a variety of indications.
The company has commenced several clinical trials, including phase 2a clinical trials for steroid dependent Crohns disease (IBD) in Q1 2020 and for chronic urticaria (hives) in Q3 2020. In addition, STEROs phase 1/2 clinical trial treating patients with severe COVID-19 started in Q1 2021. Additional clinical trials for more indications are in the pipeline for 2021.
STERO Biotechs was established in partnership with Mor Research Applications, the technology transfer unit of CLALIT Health Services.
The company has commenced several clinical trials, including phase 2a clinical trials for steroid dependent Crohns disease (IBD) in Q1 2020 and for chronic urticaria (hives) in Q3 2020. In addition, STEROs phase 1/2 clinical trial treating patients with severe COVID-19 started in Q1 2021. Additional clinical trials for more indications are in the pipeline for 2021.
STERO Biotechs was established in partnership with Mor Research Applications, the technology transfer unit of CLALIT Health Services.
Cumulative Funding Raised Over Time ($)
Employees Over Time
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Jan 5, 2021
www.prnewswire.com
Stero Biotechs supports an Exploratory Study of CBD-based treatment for COVID-19 severe patients
#Partners #Customers
Aug 5, 2020
www.israel-cannabis.com
https://www.israel-cannabis.com/press-release/stero-biotechs-announces-first-patient-in-phase-2a-clinical-trial-for-cbd-effects-on-chronic-spontaneous-urticaria/
#Partners
Jun 18, 2020
www.israel21c.org
CBD may improve steroid therapy in autoimmune, Covid-19 patients
#Investment, Expand
May 3, 2020
www.algemeiner.com
Israeli Biotech Company Starts Clinical Trials of CBD-Steroid Treatment for Virus
#Customers #Partners
Apr 20, 2020
www.prnewswire.com
Stero Biotechs Announce an IP Protected Clinical Trial for COVID-19 Patients Using a CBD-Steroid Treatment
#Customers
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(null)Web & social links
https://sterobiotechs.com
Locations
Israel
Baruch Hirsch Street 14, Bnei Brak, Israel
Offices Abroad
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Stero Biotechs Business
Sector
Primary:
Health Tech & Life Sciences
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Cumulative Funding Raised Over Time ($)
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Public Offerings & Exits
Private Equity Funding
Undisclosed Round
$1M
Mar 2019
1
Investors
$1M
Non-Equity Funding
Mergers and Acquisitions
Stero Biotechs Lifecycle
Cumulative Funding Raised Over Time ($)
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Undisclosed Round
$1M
Mar 2019
1
Investors
$1M
Program
Mar 2019
Hub
Name
BioSeedXL
Batch
1
Stero Biotechs News
News Over Time
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News Articles
Jan 5, 2021
www.prnewswire.com
Stero Biotechs supports an Exploratory Study of CBD-based treatment for COVID-19 severe patients
#Partners #Customers
Aug 5, 2020
www.israel-cannabis.com
https://www.israel-cannabis.com/press-release/stero-biotechs-announces-first-patient-in-phase-2a-clinical-trial-for-cbd-effects-on-chronic-spontaneous-urticaria/
#Partners
Jun 18, 2020
www.israel21c.org
CBD may improve steroid therapy in autoimmune, Covid-19 patients
#Investment, Expand
May 3, 2020
www.algemeiner.com
Israeli Biotech Company Starts Clinical Trials of CBD-Steroid Treatment for Virus
#Customers #Partners
Apr 20, 2020
www.prnewswire.com
Stero Biotechs Announce an IP Protected Clinical Trial for COVID-19 Patients Using a CBD-Steroid Treatment
#Customers
Related Content
Stero Biotechs Team
No Data, yet.
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Employees Over Time
Companies you might be interested in
Driven by Finder AI
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PlantEXTCannabis-based Anti-inflammatory Products1-10 employees • Funding Stage: Seed
shared sectors
Also shared
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Formulex Pharma InnovationsNanotechnology-based Drug Delivery and Formulation1-10 employees • Funding Stage: Seed
shared sectors
Also shared
Are these companies similar? -
CannadorfCannabis Plant for Medical Use.1-10 employees • Funding Stage: Pre-Funding
shared sectors
Also shared
Are these companies similar? -
IM CannabisHigh-Quality Medical Cannabis11-50 employees • Funding Stage: Public
shared sectors
Also shared
Are these companies similar?
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