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LyGenesis
A clinical-stage cell therapy company that transforms a patient's lymph nodes into bioreactors capable of growing functioning ectopic organs
About LyGenesis
LyGenesis, Inc. is a clinical-stage biotechnology firm developing allogeneic cell therapies designed to regenerate functioning organs within a patient's own body. Founded in 2017 by Dr. Michael Hufford, Dr. Paulo Fontes, and Dr. Eric Lagasse, the company was spun out of the University of Pittsburgh to commercialize nearly a decade of academic research. The foundational science was led by Dr. Lagasse at the McGowan Institute for Regenerative Medicine, where he discovered that liver cells could be transplanted into lymph nodes, where they would not only survive but organize into functional ectopic liver tissue. Dr. Lagasse, now the Chief Science Officer, has over 30 years of research experience and focuses on stem cell biology and cell-based therapies. CEO Dr. Michael Hufford brings over two decades of experience in drug development, clinical trials, and regulatory approval across various therapeutic areas.
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The company's core technology leverages a patient's lymph nodes as in vivo bioreactors to grow new, functioning miniature organs. This approach addresses the critical shortage of donor organs by enabling a single donated organ to be the cell source for treating numerous patients. The procedure involves a minimally invasive outpatient endoscopic ultrasound to transplant the cell therapy, which significantly reduces the medical risks and costs associated with traditional major organ transplant surgery. LyGenesis's business model centers on developing and commercializing this platform technology for a range of diseases. The company generates revenue through investment to fund its clinical trials and will seek regulatory approval to bring its therapies to market. To date, LyGenesis has raised a total of $27.8 million through multiple funding rounds, with key investors including Prime Movers Lab, Juvenescence, and Longevity Vision Fund.
LyGenesis's lead product, LYG-LIV-001, is an allogeneic cell therapy for patients with End-Stage Liver Disease (ESLD). This therapy involves isolating liver cells (hepatocytes) from donated organs that are otherwise unsuitable for transplantation and injecting them into the patient's mesenteric lymph nodes. The lymph nodes provide the ideal environment for these cells to engraft, multiply, and form vascularized, functional ectopic liver tissue. In December 2020, the company received FDA clearance for an Investigational New Drug (IND) application, and the Phase 2a clinical trial began dosing patients in April 2024. The open-label study is evaluating the safety and efficacy of the treatment in cohorts of ESLD patients. Beyond liver disease, LyGenesis's development pipeline includes therapies for regenerating the thymus to combat aging, the pancreas for Type 1 diabetes, and the kidney for end-stage renal disease.
At a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Pittsburgh, United States
- Employees
- 8
- Open positions
- None listed
- Dealroom signal
- 78.1/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, Longevity, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning LyGenesis.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Oct 2023 | $19M | $76M | Prime Movers Lab · Juvenescence | ↗ |
| CONVERTIBLE✓Equity / VC | Dec 2020 | $11M | — | Juvenescence · Longevity Vision Fund | — |
Growth signals
Latest recorded traffic for LyGenesis is 1.7K monthly website visits, down 22.7% over the last three months. LyGenesis's team grew 14.3% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Juvenescence
Prime Movers Lab
Series B and later1 investor entered at this stage
Longevity Vision Fund
Other known investors1 additional known investor
University of Pittsburgh
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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