Tagworks Pharmaceuticals Announce FDA Clearance and New CMO Appointment

Portfolio - People | Apr 22, 2025 | Ysios Capital

Tagworks Pharmaceuticals Announce FDA Clearance and New CMO Appointment

Tagworks Pharmaceuticals has announced the clearance by the FDA of their IND application, allowing them to initiate a Phase 1 clinical trial for their drug candidate TGW101. This marks a pivotal step in the clinical development of TGW101, indicating potential advancements in therapeutic treatments. Concurrently, Tagworks has bolstered its leadership team with the appointment of Dr. Keith Orford as Chief Medical Officer. Dr. Orford's expertise and experience are expected to significantly contribute to the firm's strategic direction, particularly in the areas of clinical development and regulatory affairs. The developments come under the backing of Ysios Capital, which supports the company’s innovative approaches and contributes to its growth in the biotech sector.

Sectors

  • Biotechnology
  • Pharmaceutical
  • Private Equity

Geography

  • United States – The United States is relevant due to the FDA clearance and initiation of clinical trials, which are significant regulatory activities occurring within the country.

Industry

  • Biotechnology – Tagworks Pharmaceuticals operates in the biotechnology industry, focusing on developing drugs and therapies, such as TGW101.
  • Pharmaceutical – The pharmaceutical industry is relevant due to Tagworks' focus on drug development and clinical trials.
  • Private Equity – Ysios Capital's involvement places the activities within the private equity industry, highlighting investment in innovative biotech firms.

Financials

    Participants

    NameRoleTypeDescription
    Tagworks PharmaceuticalsTargetCompanyA biotech firm focused on the development of therapeutic drugs and conducting clinical trials.
    Ysios CapitalPrivate Equity InvestorCompanyAn investment firm providing capital to innovative companies in the biotechnology sector.
    Keith OrfordChief Medical OfficerPersonRecently appointed CMO of Tagworks Pharmaceuticals, bringing expertise in clinical development and regulatory affairs.