AskBio

Durham, United States Founded: 2001 • Age: 25 yrs Acquired By Bayer
Gene and protein therapies are developed for treating various diseases.
Annual revenue - Latest available
Total funding $235.0M 8 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About AskBio

AskBio is a company based in Durham (United States) founded in 2001 by Jude Samulski and Sheila Mikhail was acquired by Bayer in October 2020. AskBio has raised $235 million across 8 funding rounds from investors including Bayer, TPG and HHS. AskBio has completed 2 acquisitions, including Brain Vectis and Synpromics. AskBio offers products and services including AAV Gene Therapy Platform and Discovery Program. AskBio operates in a competitive market with competitors including Jazz Pharmaceuticals, Spark Therapeutics, Amyris, Biogen and Neurocrine, among others.

  • Headquarter Durham, United States
  • Founders Jude Samulski, Sheila Mikhail
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Synpromics Ltd
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $235 M (USD)

    in 8 rounds

  • Latest Funding Round
    $2.68 M (USD), Grant

    Sep 02, 2020

  • Investors
    Bayer

    & 4 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Bayer

    (Oct 26, 2020)

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Products & Services of AskBio

AskBio offers a comprehensive portfolio of products and services, including AAV Gene Therapy Platform and Discovery Program.

Product name locked
Category locked
Primary

Platform for developing treatments targeting genetic diseases using AAV vectors.

Product name locked
Category locked
Locked

Program enabling partnerships for advancing gene therapy innovations.

People of AskBio

Headcount 50-200
Employee Profiles 128
Board Members and Advisors 3
Employee Profiles
People
Kathleen Ward
Director Program Management
People
Jörg Votteler
Director
People
Brad Kennedy
Senior Director
People
Franky Choi
Director, IT PMO

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Funding Insights of AskBio

AskBio has successfully raised a total of $235M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $2.68 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in AskBio

AskBio has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Bayer, TPG and HHS.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Biomedical innovations are transformed into therapies by Vida Ventures.
Locked Locked Locked
Fund of funds focused on pre-seed and seed-stage companies
Locked Locked Locked
Business development and leadership training programs are offered to companies.
Locked Locked Locked
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Investor details for AskBio

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by AskBio

AskBio has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Brain Vectis and Synpromics.

Investments
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Investment portfolio details for AskBio

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Developer of gene therapies for the treatment of Alzheimer's and Huntington's disease
Locked Locked 2015 Locked
Synthetic promoters are designed for specific gene regulation.
Locked Locked 2010 Locked
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Complete acquisition details for AskBio

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  • Acquired stakes
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Financial Statements - AskBio

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Detailed financials for AskBio

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Askbio Comparisons

AskBio Primary company
Description
Gene and protein therapies are developed for treating variou...
Location
Durham, United States
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for AskBio

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Competitors of AskBio

AskBio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jazz Pharmaceuticals, Spark Therapeutics, Amyris, Biogen and Neurocrine, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Novel biopharmaceutical medicines are developed for unmet medical needs.
Locked Locked Locked
Gene therapies for rare diseases including retinal dystrophies are developed.
Locked Locked Locked
Developer of renewable products for industrial solutions
Locked Locked Locked
Therapies for neurodegenerative and immunology disorders are developed.
Locked Locked Locked
Developer of small molecule therapeutics for endocrine and CNS disorders
Locked Locked Locked
Small molecule drugs for rare diseases are developed.
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Detailed competitors of AskBio

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Latest news on Askbio

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Complete news archive for AskBio

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  • Full article archive
  • Source and publication date
  • Older coverage
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Frequently Asked Questions about AskBio

AskBio was founded in 2001 and raised its 1st funding round 7 years after it was founded.

AskBio is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.

Sheila Mikhail is the current CEO of AskBio. They have also founded this company.

AskBio is a funded company, having raised a total of $235M across 8 funding rounds to date.

AskBio was founded in 2001 in Durham, United States, and operates in the biotechnology sector. Novel protein and cellular-based therapies are developed and delivered using a proprietary platform of recombinant adeno-associated virus biological nanoparticles. This technology enables high transduction efficiency, controlled expression, and targeted tissue delivery. The product pipeline encompasses treatments for muscular dystrophy, hemophilia B in Phase 1 trials, congestive heart failure, epilepsy, retinitis pigmentosa, and osteoporosis.

AskBio's top competitors include Jazz Pharmaceuticals, Spark Therapeutics and Syngenta.

AskBio offers AAV Gene Therapy Platform and Discovery Program.

AskBio has made 2 acquisitions, including Brain Vectis, and Synpromics.

AskBio has 5 investors. Key investors include Bayer, TPG, HHS, Scottish Enterprise, and Vida Ventures.

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