Theraclone Sciences

Theraclone Sciences

Biotech company developing novel therapeutic antibodies for the treatment of infectious diseases and inflammation. Learn more

Launch date
Market cap
-
Enterprise valuation
€11—17m (Dealroom.co estimates May 2015.)
Seattle Washington (HQ)
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DateInvestorsAmountRound
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N/A

-

$1.5m

Early VC
N/A

$11.6m

Early VC
N/A

$6.0m

Debt

$8.0m

Series B
N/A

$3.1m

Early VC
Total Funding€52.9m

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Theraclone Sciences is a biotechnology company specializing in the discovery and development of human monoclonal antibodies. These are proteins made by the immune system that can specifically target and neutralize harmful pathogens like viruses and bacteria. The company has developed a cutting-edge screening technology that can quickly identify the rare antibodies capable of effectively combating infections and diseases. This technology is the result of over a decade of research and development.

Theraclone operates primarily in the healthcare and pharmaceutical markets. Its main clients include large pharmaceutical companies, research institutions, and healthcare providers. One notable partnership is with Gilead Sciences, a major player in the pharmaceutical industry, to whom Theraclone has licensed its HIV broadly neutralizing antibodies. These antibodies are being developed as part of a potential cure for HIV.

The business model of Theraclone revolves around licensing its proprietary antibodies to pharmaceutical companies for further development and commercialization. This means that Theraclone earns revenue through licensing fees, milestone payments, and potentially royalties from the sales of the final therapeutic products developed using their antibodies.

In summary, Theraclone Sciences leverages its advanced screening technology to identify and develop unique human monoclonal antibodies, which are then licensed to pharmaceutical companies for further development into therapeutic products. This approach allows the company to focus on its core strength—antibody discovery—while partnering with larger entities for the commercialization phase.

Keywords: biotechnology, monoclonal antibodies, screening technology, healthcare, pharmaceutical, HIV, licensing, therapeutic products, Gilead Sciences, immune system.

Tech stack

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