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Frequency Therapeutics
Frequency Therapeutics develops small molecule drugs that activate progenitor cells within the body to restore healthy tissue
About Frequency Therapeutics
Frequency Therapeutics is a clinical-stage biotechnology company dedicated to discovering and developing therapeutics that activate progenitor cells to treat degenerative diseases. The company's lead product candidate, FX-322, is designed to regenerate damaged auditory cells in the ear, aiming to improve hearing function for individuals with sensorineural hearing loss (SNHL). This condition affects over 90% of people with hearing loss, and FX-322 seeks to address the underlying cause rather than merely amplifying sound, which is the current standard of care.
Operating in the biotechnology and healthcare market, Frequency Therapeutics primarily serves patients suffering from degenerative diseases, particularly those with hearing impairments. The company's business model revolves around the research, development, and clinical testing of its therapeutic candidates. Revenue generation is expected to come from the successful commercialization of these therapies, either through direct sales or partnerships with larger pharmaceutical companies.
Frequency Therapeutics leverages a small molecule approach to activate progenitor cells in specific damaged or injured tissues throughout the body, promoting the creation of healthy, functional tissues and organs. This innovative approach positions the company at the forefront of regenerative medicine, with the potential to transform the treatment landscape for various degenerative conditions.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2015
- Headquarters
- Woburn, United States
- Listing
- IPO 2019
- Sector
- Biotech & Life Sciences
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
US Department of War
Series A6 investors entered at this stage
- CVCobro Ventures
- ECEmigrant Capital
Korea Investment Partners
Morningside
Taiwania Capital
Axil Capital
Series B and later1 investor entered at this stage
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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