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Dualitas Therapeutics
Bispecific antibody therapies for immune and inflammatory diseases
About Dualitas Therapeutics
Dualitas Therapeutics, Inc. is a biotechnology company focused on developing next-generation bispecific antibody (BsAb) therapies for immunology and inflammation. The company was co-founded in 2023 by Forbes Huang, who serves as COO and CBO, and Greg Lazar, the Chief Scientific Officer. They were driven by the goal of moving beyond incremental advancements in a crowded antibody-drug market. Forbes Huang has a background as CEO for a Novo Holdings startup and held senior roles at Gyroscope Therapeutics and IVERIC bio. Greg Lazar previously led research groups at Genentech, Eli Lilly, and Xencor, contributing to multiple clinical-stage molecules and approved drugs.
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The company's core technology is the proprietary DualScreen™ BsAb discovery engine. Unlike traditional methods that focus on a narrow set of known biological target pairs, DualScreen operates at a combinatorial scale. It functionally screens the entire cell surface (the surfaceome) to identify novel BsAb combinations that produce synergistic, rather than merely additive, effects. This platform has also generated a collection of reusable "immune engagers," which are antibody arms that can be paired with various targets to create new BsAb candidates. The business model centers on advancing its internal pipeline while also forming strategic partnerships to leverage the DualScreen platform for discovering new candidates and exploring disease areas beyond its primary focus on immunology and inflammation (I&I).
Dualitas emerged from stealth in September 2025 with a $65 million Series A financing. The round was co-led by Versant Ventures and Qiming Venture Partners USA, with participation from founding investor SV Health Investors and new strategic investors including Chugai Venture Fund, Eli Lilly and Company, and Alexandria Venture Investments. The funds are designated for advancing its lead programs—DTX-103 for allergic diseases and DTX-102 for autoimmune diseases—and for the continued development of the DualScreen platform.
At a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- South San Francisco, United States
- Employees
- 19
- Open positions
- None listed
- Dealroom signal
- 57.7/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Drug Development, Antibodies, Inflammatory Diseases, Immune System, Biotech and Pharma, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES AOther financing | Sep 2025 | $65M | $260M | Eli Lilly · Chugai Venture Fund · Versant Ventures · Qiming Venture Partners USA | ↗ |
Growth signals
Latest recorded traffic for Dualitas Therapeutics is 2K monthly website visits, up 900% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Versant Ventures
Qiming Venture Partners USA
Eli Lilly- CFChugai Venture Fund
SV Health Investors
Alexandria Venture Investments
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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