Modis Therapeutics

Oakland, United States Founded: 2016 • Age: 10 yrs Acquired By Zogenix
Therapies for rare genetic mitochondrial diseases are developed.
Annual revenue - Latest available
Total funding $30.0M 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Modis Therapeutics

Modis Therapeutics is a company based in Oakland (United States) founded in 2016 was acquired by Zogenix in August 2019. Modis Therapeutics has raised $30 million across 1 funding round from investors including Zogenix, Orbimed and F-Prime Capital. Modis Therapeutics operates in a competitive market with competitors including BridgeBio, Spark Therapeutics, Alnylam, ATAI and Insitro, among others.

  • Headquarter Oakland, United States
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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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
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $30 M (USD)

    in 1 rounds

  • Latest Funding Round
    $30 M (USD), Series A

    Oct 01, 2018

  • Investors
    Zogenix

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Zogenix

    (Aug 26, 2019)

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People of Modis Therapeutics

Headcount 5000-10000
Employee Profiles 821
Employee Profiles
People
Judith Thompson
Rare Disease Population Health Strategy Lead
People
Milena Iwańska
Senior Strategic Sourcing Partner At Randstad Sourceright On Behalf Of UCB
People
Catrinel Galateanu
Vp, Global Patient Community Head Immunology
People
Monica Wang
Senior Scientist

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Funding Insights of Modis Therapeutics

Modis Therapeutics has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series A round of $30 million completed in October 2018. 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 Modis Therapeutics

Modis Therapeutics has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Zogenix, Orbimed and F-Prime Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
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Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
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Aceras Biomedical is focused on healthcare investment for medical innovations.
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Investor details for Modis Therapeutics

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Investments & Acquisitions by Modis Therapeutics

Investments
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Financial Statements - Modis Therapeutics

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Modis Therapeutics Comparisons

Modis Therapeutics Primary company
Description
Therapies for rare genetic mitochondrial diseases are develo...
Location
Oakland, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Modis Therapeutics

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Competitors of Modis Therapeutics

Modis Therapeutics 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 BridgeBio, Spark Therapeutics, Alnylam, ATAI and Insitro, among others.

Company Name Domain Founded year HQ Location Description
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Therapeutics for genetic diseases are developed through targeted interventions.
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Gene therapies for rare diseases including retinal dystrophies are developed.
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RNA interference-based therapeutics are developed for multiple disorders.
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A biopharmaceutical company accelerating innovative mental health treatments.
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An AI-enabled platform is developed for infectious disease treatment.
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Therapeutics for rare and ultra-rare metabolic diseases are developed.
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Detailed competitors of Modis Therapeutics

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Latest news on Modis Therapeutics

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Complete news archive for Modis Therapeutics

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Frequently Asked Questions about Modis Therapeutics

Modis Therapeutics was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Modis Therapeutics is headquartered in Oakland, United States. It is registered at Oakland, California, United States.

Modis Therapeutics is a funded company, having raised a total of $30M across 1 funding round to date.

Modis Therapeutics was founded in 2016 in Oakland, United States. Focus is placed on providing therapies for rare genetic diseases, particularly Thymidine kinase 2 deficiency, which causes mitochondrial dysfunction and impaired cellular energy production. Deoxynucleoside combination therapy is being developed to address mitochondrial DNA depletion disorders and restore cellular function in affected patients. Operations center on biotechnology research in the rare disease sector.

Modis Therapeutics's top competitors include Spark Therapeutics, BridgeBio and Forge Biologics.

Modis Therapeutics has 5 investors. Key investors include Zogenix, Orbimed, F-Prime Capital, Aceras Biomedical, and Osage University Partners.

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