Orna Therapeutics

Orna Therapeutics

Orna Therapeutics - Ahead of the Curve. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD2.0b (Public information from Aug 2022)
Cambridge Massachusetts (HQ)
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DateInvestorsAmountRound
N/A

$20.0m

Early VC

$80.0m

Series A
*

$221m

Valuation: $1.5b

Series B
Total FundingCAD438m

Recent News about Orna Therapeutics

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More about Orna Therapeuticsinfo icon
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Ornatx is a pioneering biotech startup that is revolutionizing the field of RNA therapeutics. The company's innovative approach involves shifting from linear to circular RNA, a move that opens up a plethora of possibilities in disease treatment. Ornatx's engineered circular RNA (oRNA™) offers significant advantages over traditional linear forms, making it a promising tool in the fight against various diseases.

The company's technology has wide-ranging applications, spanning multiple disease areas such as cancer, regenerative medicine, protein replacement, infectious diseases, and autoimmunity. Its flagship program is an in situ CAR therapy that uses oRNA™ molecules and proprietary lipid nanoparticles (LNPs) to deliver chimeric antigen receptors (CARs) directly to a patient's immune cells within the body. This innovative therapy could represent a significant advancement over traditional cell engineering therapies.

Ornatx operates in the biotech market, serving clients in the healthcare and medical research sectors. The company's business model revolves around the development and commercialization of its groundbreaking oRNA™ therapeutics. It generates revenue through partnerships with healthcare providers and research institutions, as well as through the potential sale of its therapies once they receive regulatory approval.

The company is led by a team of seasoned scientists, molecular engineers, and industry veterans, including Tom, a veteran entrepreneur with over 20 years of experience in turning scientific visions into successful businesses.

Keywords: RNA Therapeutics, Circular RNA, Disease Treatment, Cancer, Regenerative Medicine, Protein Replacement, Infectious Diseases, Autoimmunity, In Situ CAR Therapy, Biotech Startup.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Orna Therapeutics

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ReNAgade Therapeutics
ACQUISITION by Orna Therapeutics May 2024