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OnCusp Therapeutics
OnCusp Therapeutics is a biopharmaceutical company turning cutting-edge research assets into innovative oncology treatments
About OnCusp Therapeutics
OnCusp Therapeutics is a global biopharmaceutical company specializing in oncology, which is the study and treatment of cancer. The company focuses on transforming promising research into effective cancer treatments. Led by a team with extensive experience in business development and clinical research, OnCusp aims to accelerate the development of new cancer drugs to provide hope and help to patients worldwide.
The company operates in the biopharmaceutical market, targeting advanced solid tumors, which are masses of tissue that can be cancerous. OnCusp's primary clients are healthcare providers and institutions involved in cancer treatment, as well as patients who suffer from advanced stages of cancer.
OnCusp's business model revolves around developing a portfolio of first-in-class oncology assets. This means they focus on creating new and unique cancer treatments that have not been available before. They make money by advancing these treatments through various stages of clinical trials and then partnering with larger pharmaceutical companies for further development, commercialization, and distribution. These partnerships often involve licensing deals, where OnCusp receives upfront payments, milestone payments as the drug progresses through development stages, and royalties on sales once the drug is marketed.
One of their leading projects is CUSP06, a drug designed to treat advanced solid tumors that express a protein called Cadherin 6 (CDH6). CUSP06 is engineered to be more potent, stable, and effective against drug resistance, making it a potentially safer and more effective option for patients. The drug has shown promising results in preclinical trials and has recently entered Phase 1 clinical trials, which is the first stage of testing in humans.
In summary, OnCusp Therapeutics is dedicated to accelerating cancer drug innovation, leveraging its experienced team and strategic partnerships to bring new treatments to market.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- New York City, United States
- Employees
- 28
- Open positions
- None listed
- Dealroom signal
- 84.0/100
- Industry
- Health
- Sub-industry
- Pharmaceutical
- Sector
- Biotech & Life Sciences, Biotechnology, Oncology, Biotech and Pharma, Hard Tech, proteomics, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES AOther financing | Jan 2024 | $100M | $400M | BioTrack Capital · Catalio Capital Management · Novo Holdings · OrbiMed | ↗ |
| SEEDOther financing | Apr 2021 | $25M | $100M | WuXi Biologics · BioTrack Capital · HongShan | — |
Growth signals
Latest recorded traffic for OnCusp Therapeutics is 2.1K monthly website visits, up 23.5% over the last three months. OnCusp Therapeutics's team grew 12% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
WuXi Biologics
BioTrack Capital
HongShan
Series A9 investors entered at this stage
Novo Holdings
OrbiMed
F-Prime
Catalio Capital Management
Blackbird Ventures
Marshall Wace
Sofinnova Investments
Forge Life Science Partners- CBCJNV BioVenture
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about OnCusp Therapeutics on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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