Paragen Bio Pty Ltd

Paragen Bio Pty Ltd is a biotechnology company based in Fortitude Valley, Queensland, Australia, focused on developing drugs for the treatment of autoimmune diseases. The company was founded in 2018 and operates from The Precinct, Level 2, 315 Brunswick Street, Fortitude Valley, Queensland 4006, Australia. Paragen Bio's technology is based on research conducted at James Cook University's Australian Institute of Tropical Health and Medicine, led by Professor Alex Loukas and his team. The company has raised $6 million towards developing safe treatments for autoimmune diseases, with investments from venture capital firms AbbVie Ventures, Brandon Capital Partners, and OneVentures.