
Remix Therapeutics
Remix Therapeutics | Reprogramming RNA Processing.
Date | Investors | Amount | Round |
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investor investor investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
investor investor investor investor investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
* | $60.0m | Growth Equity VC | |
Total Funding | 000k |
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Remix Therapeutics, based in Watertown, MA, is a pioneering biotech startup focused on developing innovative treatments for rare and challenging diseases. The company operates in the biopharmaceutical market, specifically targeting conditions with significant unmet medical needs. Remix's primary clientele includes patients suffering from rare cancers and genetic disorders, as well as healthcare providers and research institutions.
The company's flagship product, REM 422, is an oral small molecule designed to degrade messenger RNA (mRNA). This process can potentially halt the production of harmful proteins that contribute to diseases. REM 422 is currently being tested in two Phase 1 clinical trials for treating Adenoid Cystic Carcinoma (ACC) and Acute Myeloid Leukemia (AML). The U.S. Food and Drug Administration (FDA) has granted REM 422 Orphan Drug Designation, which is a special status given to drugs that treat rare diseases, providing certain benefits like market exclusivity and tax credits.
Remix Therapeutics operates on a research and development (R&D) business model. The company invests heavily in scientific research to discover and develop new drugs. Revenue is generated through a combination of funding from grants, partnerships with larger pharmaceutical companies, and eventually, the commercialization of its drugs once they receive regulatory approval.
The company's mission is deeply personal, inspired by the founders' and employees' own experiences with serious illnesses. This personal connection drives their commitment to pushing the boundaries of science to deliver new hope and new medicines to patients.
In summary, Remix Therapeutics is a biotech startup dedicated to developing groundbreaking treatments for rare diseases, leveraging advanced mRNA technology, and driven by a passionate and diverse team.
Keywords: Biotech, mRNA, Rare Diseases, Cancer Treatment, Clinical Trials, Orphan Drug, R&D, Healthcare, Innovation, FDA Approval.