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Oak Hill Bio

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Developing therapies for premature infants and rare diseases.

Manchester, United KingdomFounded 2022Biotech & Life Sciences
Valuation $100–250M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Oak Hill Bio

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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Manchester, United Kingdom
Employees
29
Open positions
None listed
Dealroom signal
54.8/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Drug Development, Autoimmune, Immune System, SPAC Target, SPAC IPO Announced
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
PRIVATE PLACEMENT NON VC✓Other financing Jul 2026 $100M — Great Point Partners · Balyasny Asset Management · SilverArc Capital · Trails Edge Capital Partners ↗
SPAC IPO✓Exit Jul 2026 $75M — Research Alliance Corporation III ↗
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

Series B and later1 investor entered at this stage

  • Research Alliance Corporation III

Other known investors9 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
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
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
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

Market sentiment

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