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Oak Hill Bio

Biotech & Life Sciences · Manchester, United Kingdom · Founded 2022

Developing therapies for premature infants and rare diseases. MoreLess

Oak Hill Bio is a clinical-stage biotechnology company that acquires and develops deprioritized late-stage therapeutics for rare diseases. The company launched in February 2022, founded by Josh Distler and Tauhid Ali, with a business model centered on advancing promising drug candidates that larger pharmaceutical companies have discontinued, often due to strategic shifts. This strategy was initiated with the acquisition and licensing of a six-program pipeline from Takeda Pharmaceutical, which in return received an upfront payment, an ownership stake, and potential future milestones and royalties.

Co-founder Josh Distler, who now serves as CEO, has a background in building and investing in biotechnology companies, including roles at Athanor Capital and the D. E. Shaw Group. The company is headquartered in Cambridge, Massachusetts, with operations in the United Kingdom. In June 2026, Oak Hill Bio secured a $32.5 million Series A financing round to advance its lead programs.

The company's pipeline is focused on neonatology and rare autoimmune diseases. Key programs include: • **Rugonersen:** An antisense oligonucleotide (ASO) therapy for Angelman syndrome, a severe neurodevelopmental disorder. Acquired from Roche, it is designed to restore the function of the UBE3A gene. Oak Hill plans to advance Rugonersen into a Phase 3 trial in mid-2026. • **OHB-607:** A recombinant human insulin-like growth factor 1 (IGF-1) replacement therapy aimed at preventing complications in extremely premature infants, such as bronchopulmonary dysplasia (BPD). Infants born before 28 weeks have low IGF-1 levels, which is crucial for organ development. OHB-607 is currently in a Phase 2b trial in collaboration with Chiesi Group. • **OHB-101:** A first-in-class soluble recombinant version of the FcγR2B receptor designed to treat a range of immune complex-driven autoimmune diseases by preventing the inflammatory cascade. It has been studied for conditions like lupus and immune thrombocytopenia. • **OHB-401:** An oral plasma kallikrein (pKAL) inhibitor in preclinical development for diabetic macular edema.

Keywords: clinical-stage biotechnology, rare disease therapeutics, deprioritized drugs, neonatology, autoimmune diseases, Angelman syndrome, rugonersen, antisense oligonucleotide, ASO, premature birth complications, OHB-607, recombinant IGF-1, bronchopulmonary dysplasia, OHB-101, FcγR2B receptor, diabetic macular edema, OHB-401, Takeda, Chiesi Group, orphan drugs, asset acquisition, in-licensing, clinical development, pediatric rare diseases, neurodevelopmental disorders, immunology, drug pipeline, biopharmaceutical

Company overview

Oak Hill Bio company information

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Status
Operational
Founded
2022
Headquarters
Manchester, United Kingdom
Employees
29
Open positions
None listed
Dealroom signal
54.8
client focusb2bsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorDrug DevelopmentsectorAutoimmunesectorImmune SystemsectorSPAC TargetsectorSPAC IPO Announced

Valuation & funding

Oak Hill Bio funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
PRIVATE PLACEMENT NON VCOther financing Jul 2026 $100M Great Point Partners · Balyasny Asset Management · SilverArc Capital · Trails Edge Capital Partners
SPAC IPOExit Jul 2026 $75M Research Alliance Corporation III
SERIES AEquity / VC Jun 2026 $33M $130M Balyasny Asset Management · KCap Biotechnology Fund · venBio Partners · Janus Henderson Investors
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 31
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Comparisons

Oak Hill Bio compared with similar companies

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Talent graph

Oak Hill Bio's talent

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Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
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Investors

14 investors on Oak Hill Bio's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 4 investors entered at this stage
Balyasny Asset Management
venBio Partners
Janus Henderson Investors
KCap Biotechnology Fund
Series B+ 1 investor entered at this stage
Research Alliance Corporation III
Other known 9 additional known investors
ADAR1 Capital Management
Affinity Asset Advisors
Ally Bridge Group
BVF Partners
Great Point Partners
Logos Capital
RA Capital Management
SilverArc Capital
Trails Edge Capital Partners

Global footprint

Where Oak Hill Bio has talent and traffic

Workforce by country
7 countries with
team presence
🇺🇸 United States52.6%
🇬🇧 United Kingdom15.8%
🇮🇳 India10.5%
🇭🇺 Hungary5.3%
🇨🇭 Switzerland5.3%
Top 5 of 7 shown

In the news

Latest news about Oak Hill Bio

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