
Blue Cell Therapeutics
Allogeneic stem cell therapy for post-prostatectomy erectile dysfunction.
Date | Investors | Amount | Round |
---|---|---|---|
* | $1.5m | Angel | |
Total Funding | 000k |
DKK | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Blue Cell Therapeutics is a Danish biotechnology company developing allogeneic, 'off-the-shelf' human mesenchymal stem cell (MSC) therapies for severe erectile dysfunction (ED). Founded in 2018 as a spinout from the University of Southern Denmark and Odense University Hospital, the company's mission is to provide a curative treatment for men suffering from ED, particularly following prostate cancer surgery (post-prostatectomy). The company was founded by Dr. Søren P. Sheikh, a clinical professor with over 35 years of experience in academia and healthcare, after he demonstrated the potential of adipose-derived stem cells in a Phase I clinical trial. Dr. Sheikh's research identified a specific cell type, dubbed "Blue Cells," that was directly proportional to the treatment's positive effect.
The company's lead program, BlueC-231, is an MSC therapy that promotes the growth of new blood vessels (angiogenesis) and nerve restoration to address the root causes of ED. Blue Cell's proprietary process allows for the cultivation of refined cells from a single adipose tissue donor, potentially treating up to 70,000 patients from one sample, which aims to reduce costs and increase product consistency compared to autologous (patient-derived) therapies. This allogeneic approach was chosen after an early proof-of-concept study with autologous cells showed that while 72% of 11 post-prostatectomy men regained erectile function, the cells were heterogenous. Preclinical data for the allogeneic BlueC-231 has shown superior angiogenesis and nerve cell regrowth.
Blue Cell Therapeutics operates in the significant and growing market for ED, a condition affecting an estimated 85 million men globally, with 30% not responding to standard drug therapies. The company specifically targets the unmet need among the majority of the 490,000 men in the Western world who undergo major prostate cancer surgery each year and subsequently suffer from severe ED. The business model is focused on the research, development, and eventual commercialization of its patented stem cell therapies. The company, formerly known as Regenerative Therapeutics IVS, has secured funding through several rounds, including grants from the Eurostars programme and Innovayt, and investments from entities like Seier Capital and the Danish Innovation Fund, totaling over $2 million.
Keywords: allogeneic stem cells, erectile dysfunction, post-prostatectomy, regenerative medicine, biotechnology, BlueC-231, mesenchymal stem cells, angiogenesis, nerve regeneration, cell therapy, Søren P. Sheikh, urology, curative treatment, Copenhagen, clinical trials, adipose-derived stem cells, life sciences, drug discovery, venture capital, biotech.