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Ollin Biosciences
Clinical-stage biopharmaceutical developing therapies for vision-threatening diseases
About Ollin Biosciences
Ollin Biosciences is a clinical-stage biopharmaceutical company that launched in September 2025, dedicated to developing treatments for diseases that threaten vision. The company was established in 2023 but operated in stealth mode for two years. It secured an initial $100 million in financing from a group of investors led by ARCH Venture Partners, Mubadala Capital, and Monograph Capital. The company is headquartered in Austin, Texas.
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Ollin was co-founded by Jason Ehrlich, MD, PhD, who also serves as the CEO. Ehrlich has a background in ophthalmology and previously contributed to the development of the successful eye disease medication Vabysmo during his time at Roche's Genentech. His experience at Kodiak Sciences, where he was chief medical officer, inspired him to create a company focused on portfolio development and clinical execution in ophthalmology. The company's business model is asset-centric, focusing on acquiring and developing a pipeline of clinical and late-stage preclinical programs. This strategy involves in-licensing promising assets from other companies rather than focusing on in-house research.
The company's lead product is OLN324, a bispecific antibody that targets VEGF and Ang2, proteins involved in wet age-related macular degeneration (wAMD) and diabetic macular edema (DME). This drug, licensed from the Chinese company Innovent Biologics, is currently in a Phase 1b clinical trial directly comparing it to Roche's Vabysmo. Ollin's second key program is OLN102, a first-in-class bispecific antibody for treating thyroid eye disease (TED) and the underlying Graves' disease. Licensed from VelaVigo, OLN102 targets both TSHR and IGF-1R receptors and is expected to enter clinical trials in 2026. By inhibiting both pathways, the company aims to offer improved safety and efficacy over existing treatments.
At a glance
- Status
- Operational
- Headquarters
- Austin, United States
- Employees
- 20
- Open positions
- None listed
- Dealroom signal
- 0.0/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Ophthalmology, Drug Development, Biomedical, Eye Diseases, Rumoured $1B, Biotech and Pharma
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Ollin Biosciences.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Jun 2026 | $330M | $1.3B | Blackstone · CPP Investments · Mubadala Capital · a16z Bio + Health | ↗ |
| SERIES AOther financing | Sep 2025 | $100M | $400M | Mubadala Capital · ARCH Venture Partners · Monograph Capital | ↗ |
Growth signals
Latest recorded traffic for Ollin Biosciences is 4K monthly website visits, up 42.9% over the last three months. Ollin Biosciences's team grew 1900% 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 A10 investors entered at this stage
Mubadala Capital
ARCH Venture Partners
Monograph Capital
TCGX
Blackstone
CPP Investments
a16z Bio + Health
RA Capital Management
T. Rowe Price
Commodore Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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