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Elisigen
AAV gene therapies for neurodegenerative and rare diseases
About Elisigen
Neuracle Genetics is a South Korean biotechnology company established in May 2018, specializing in the development of Adeno-Associated Virus (AAV) vector-based gene therapies. The company focuses on creating treatments for neurodegenerative disorders, ophthalmic diseases, and other intractable rare diseases. Headquartered in Seoul and founded by CEO Jongmuk Kim, the firm aims to address conditions with significant unmet medical needs.
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The company's business model is centered on the research, development, and eventual commercialization of its proprietary gene therapy candidates. Its core technology is an AAV vector engineering platform designed for high-efficiency gene delivery and expression. A key aspect of this technology is its ability to achieve therapeutic effects at lower doses, potentially reducing side effects and production costs. Neuracle Genetics operates in the global gene therapy market, a sector experiencing significant growth driven by advances in gene-editing tools and the rising prevalence of genetic disorders. The company establishes strategic partnerships for development and manufacturing; a significant collaboration is with Reyon Pharmaceutical for the co-development and exclusive manufacturing of its lead product, NG101.
The pipeline includes several candidates, with NG101 being the most advanced. NG101 is a gene therapy for wet Age-related Macular Degeneration (wAMD) that delivers the gene for aflibercept, the active ingredient in the standard treatment Eylea. This therapy is designed to provide long-term effects from a single injection, reducing the treatment burden for patients who currently require frequent intraocular injections. NG101 has received Fast Track Designation from the U.S. FDA and is undergoing Phase 1/2a clinical trials in the U.S. and Canada. Another key pipeline candidate is NG201, which targets neuropathic pain.
Since its founding, Neuracle Genetics has secured significant funding through several investment rounds, including a seed round in 2018, a Series A in 2019, and a Series B in 2021, attracting investors such as Reyon Pharmaceutical, DAYLI Partners, and Partners Investment.
At a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Seoul, South Korea
- Employees
- 12
- Open positions
- None listed
- Dealroom signal
- 84.0/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Ophthalmology, Drug Development, Neurology, Genetics and genomics, Gene Therapy, Spinout, Rare Diseases, biomanufacturing, DT and LS
- 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 COther financing | Nov 2025 | $74M | $294M | Undisclosed | ↗ |
| SERIES BOther financing | Jun 2021 | $48M | $190M | Undisclosed | — |
Growth signals
Latest recorded traffic for Elisigen is 590 monthly website visits. Elisigen's team grew 20% over the past year.
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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 B and later1 investor entered at this stage
Neuracle Science
Other known investors1 additional known investor
Korea University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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