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Founded Year

2019

Stage

Series B | Alive

Total Raised

$321M

Valuation

$0000 

Last Raised

$221M | 2 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+59 points in the past 30 days

About Orna Therapeutics

Orna Therapeutics is a biotechnology company that focuses on the development of fully engineered circular RNA (oRNA) therapeutics, a new class of RNA medicines. The company's main offerings include the creation of oRNAs that can realize the full potential of RNA and change the way diseases are treated. These oRNAs have applications across multiple disease areas including cancer, regenerative medicine, protein replacement, infectious diseases, and autoimmunity. It was founded in 2019 and is based in Cambridge, Massachusetts.

Headquarters Location

620 Memorial Drive 2nd Floor

Cambridge, Massachusetts, 02139,

United States

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Expert Collections containing Orna Therapeutics

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Orna Therapeutics is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.

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Unicorns- Billion Dollar Startups

1,244 items

Orna Therapeutics Patents

Orna Therapeutics has filed 15 patents.

The 3 most popular patent topics include:

  • molecular biology
  • rna
  • transcription factors
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/3/2023

9/3/2024

Molecular biology, RNA, DNA, Nucleic acids, Genetics

Grant

Application Date

11/3/2023

Grant Date

9/3/2024

Title

Related Topics

Molecular biology, RNA, DNA, Nucleic acids, Genetics

Status

Grant

Latest Orna Therapeutics News

Abogen announced development of Cis-System-based circular RNAs

Aug 23, 2024

News provided by Share this article Share toX SUZHOU, China, Aug. 23, 2024 /PRNewswire/ -- Abogen Biosciences ("Abogen" or the "Company") announced a publication titled "Efficient circularization of protein-encoding RNAs via a novel cis-splicing system " in Nucleic Acids Research. In the article, Abogen has revealed a highly efficient RNA circularization cis-splicing system (referred to as the "Cis-System") which enables the production of circular RNA ("circRNA") with significantly extended protein expression, reduced innate immune activation, and flexible splice site design that offers substantial market potential. Screenshot of published paper (PRNewsfoto/艾博生物) The precursor RNA undergoes cis-splicing reaction to remove ribozyme intron segments, enabling circularization of the gene of interest (GOI) without sequence addition (PRNewsfoto/艾博生物) In recent years, circular RNA technology has gained significant attention from the biopharmaceutical industry, several circular RNA start-up companies raised a total of over 1 billion dollars in financing. Among the most notable are Flagship-incubated Sail Biomedicines (formed through the merger of Laronde and Senda Biosciences), which has raised nearly $800 million, and Orna Therapeutics, founded by MIT Professor Daniel Anderson, secured over $300 million in funding and recently acquired ReNAgade Therapeutics to accelerate its clinical development. Abogen's Cis-System-based circRNA not only has global IP, but also improves over PIE System The conventional technology for circRNA synthesis is the PIE method (Permuted Introns and Exons), patented by Orna and other companies. However, the Cis-System not only circumvents the patent restrictions by the PIE system, but also simplifies the circularization process and makes it more suitable for industrial production. As described in the publication, the Cis-System embeds a ribozyme core structure at one end of the precursor RNA, rendering the need for additional spacer elements between the ribozyme and the target gene. This invention significantly enhances the circularization efficiency thus offers a "scarless" and highly efficient translation process with less process-related impurities. The Cis-System-based circRNA shows promising prospects for the future The Cis-System reported in this study can achieve high circularization efficiency with essentially unrestricted base and sequence composition at the ends of RNA molecules, enabling truly efficient and scarless circularization. Furthermore, the Cis-System is designed to be more flexible, allowing customization based on specific therapeutic needs and compatibility with RNA molecule of different lengths. All these technological advances will lead to more sustained protein expression, reduced innate immune stimulation, and potential tissue-specific expression, which potentially bring more hopes in chronic disease treatment and immunotherapies where repeated dosing may be required. Dr. Shaojun Qi, Senior Scientist in mRNA Innovation department at Abogen commented: "I deeply appreciated the innovative culture at Abogen which is crucial for our success in overcoming the key bottlenecks in circular RNA technology. " Dr. Peng Gao, Vice President of Abogen (corresponding author of the publication), commented: "After over two years of commitment and continuous efforts, our team has finally overcome the critical technical hurdle presented in circRNA technology. Preliminary results from further studies have reinforced the great value and application potential of this technology. We hope to rapidly translate this achievement into clinical solutions to address the unmet medical needs." Link for the Original Paper Shaojun Qi, Huiming Wang, Guopeng Liu, Qianshan Qin, Peng Gao, Bo Ying, Efficient Circularization of Protein-Encoding RNAs via a Novel Cis-Splicing System, *Nucleic Acids Research*, 2024;, gkae711, [ https://doi.org/10.1093/nar/gkae711 ]( https://doi.org/10.1093/nar/gkae711 ) About Abogen Biosciences Abogen Biosciences("Abogen") is an innovative biopharmaceutical company focused on messenger RNA (mRNA) drug development. The company has established its own industry-leading proprietary mRNA platform and nanoparticle delivery system and is one of the few mRNA drug R&D enterprises in China with complete capabilities across mRNA value chain, covering all aspects from mRNA design, formulation development to large-scale manufacturing. The company has established a diversified product pipeline, with products ranging from infectious disease prevention and control, tumor immunology, to protein replacement therapies. SOURCE Abogen Biosciences

Orna Therapeutics Frequently Asked Questions (FAQ)

  • When was Orna Therapeutics founded?

    Orna Therapeutics was founded in 2019.

  • Where is Orna Therapeutics's headquarters?

    Orna Therapeutics's headquarters is located at 620 Memorial Drive, Cambridge.

  • What is Orna Therapeutics's latest funding round?

    Orna Therapeutics's latest funding round is Series B.

  • How much did Orna Therapeutics raise?

    Orna Therapeutics raised a total of $321M.

  • Who are the investors of Orna Therapeutics?

    Investors of Orna Therapeutics include Merck & Co, MPM BioImpact, Astellas Venture Management, F2 Ventures, Novartis Institutes for Biomedical Research and 6 more.

  • Who are Orna Therapeutics's competitors?

    Competitors of Orna Therapeutics include Harness Therapeutics, Laronde, VaxEquity, Strand Therapeutics, Translate Bio and 7 more.

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Compare Orna Therapeutics to Competitors

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Strand Therapeutics

Strand Therapeutics is focused on the development of programmable, long-acting mRNA therapeutics within the biotechnology sector. The company offers a platform for creating mRNA drugs that are designed to deliver precise, multi-functional, and potentially curative treatments by programming logic-based circuits into mRNA to control protein expression in targeted cells. Strand Therapeutics' products are primarily aimed at improving treatment options for cancer and other life-threatening diseases. It was founded in 2017 and is based in Boston, Massachusetts.

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VaxEquity

VaxEquity develops RNA-based therapeutics and vaccines designed to meet medical needs. It specializes in amplifying the impact of RNA vaccines and therapeutics by using its self-amplifying RNA platform and provides better protein expression. The company was founded in 2020 and is based in Cambridge, U.K.

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Harness Therapeutics

Harness Therapeutics operates as a biotechnology company. It focuses on developing disease-modifying therapeutics for neurodegenerative diseases. The company specializes in messenger ribonucleic acid (mRNA)-targeted oligonucleotide-based methodologies to increase protein levels in a controlled manner. It aims to transform the treatment of conditions such as Alzheimer's, Parkinson's, and Huntington's disease. Harness Therapeutics primarily serves the healthcare sector. It was formerly known as Transine Therapeutics. Harness Therapeutics was founded in 2018 and is based in Cambridge, United Kingdom.

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Sapreme Technologies

Sapreme Technologies is a biotechnology company that focuses on the development of next-generation macromolecule therapeutics. The company's main service is its proprietary endosomal escape platform, which enhances the delivery and efficacy of macromolecule therapeutics by enabling access to intracellular targets with minimal toxicity. This technology is primarily used in the pharmaceutical and biotechnology industries. It was founded in 2016 and is based in Utrecht, Netherlands.

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Cook MyoSite

Cook MyoSite specializes in regenerative medicine within the biotechnology sector, focusing on advancing personalized investigational cell therapy products. The company offers specialized treatments that utilize a patient's own muscle cells, currently under clinical trial investigation. Cook MyoSite primarily serves sectors involved in clinical research and regenerative medical applications. It was founded in 2002 and is based in Pittsburgh, Pennsylvania.

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Versameb

Versameb is a biotechnology company that focuses on the discovery and development of innovative RNA-based drugs. The company's main offerings include the development of drugs for modulation of protein expression, with the ability to simultaneously influence several therapeutic targets in a controlled manner with one molecular construct, and cellular targeting. Versameb primarily sells to the healthcare and pharmaceutical industry. It was founded in 2017 and is based in Basel, Switzerland.

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