O
Opus Genetics | Ocuphire Pharma
Biotech & Life Sciences · Durham, United States · Founded 2018 · IPO 2004
Clinical-stage gene therapies for inherited retinal diseases MoreLess
Opus Genetics, Inc. is a clinical-stage biopharmaceutical company focused on the development of gene therapies and ophthalmic treatments to address rare and debilitating inherited retinal diseases (IRDs) and other vision disorders. Formed through the all-stock acquisition of Opus Genetics by Ocuphire Pharma in October 2024, the combined entity adopted the Opus Genetics name and Nasdaq ticker symbol “IRD” to reflect its strategic focus on transformative genetic medicines for vision loss.
The company’s core mission is to restore and preserve vision by addressing the underlying genetic causes of severe retinal disorders that currently lack effective therapies. Its pipeline centers on multiple adeno-associated virus (AAV)-based gene therapy candidates, including programs targeting Leber congenital amaurosis (LCA5), BEST1-related diseases, and other mutations associated with retinitis pigmentosa and related conditions. These one-time, potentially durable treatments aim to deliver healthy copies of defective genes directly to retinal cells, offering hope for patients with historically untreatable forms of blindness.
In addition to its gene therapy portfolio, Opus Genetics continues to develop phentolamine ophthalmic solution 0.75%, an approved small-molecule therapy originally advanced by Ocuphire, which is being evaluated in Phase 3 clinical trials for conditions such as presbyopia and low-light vision disturbances following keratorefractive surgery. The company also collaborates with strategic partners to further small-molecule and biologic ophthalmic programs where appropriate.
Opus Genetics serves patients, clinicians, and the broader retinal disease community worldwide. Its value proposition lies in combining world-class gene therapy innovation—rooted in scientific expertise and supported by leading researchers and clinicians—with clinical development experience and capital resources to accelerate regulatory milestones and broaden patient access. The company’s work occurs within a rapidly evolving biotechnology landscape in which genetic medicines are increasingly recognized for their potential to deliver durable, targeted treatments for conditions once considered untreatable.
Headquartered in Research Triangle Park/Durham, North Carolina, Opus Genetics is led by a seasoned management team and board with deep experience in ophthalmology, gene therapy, and translational science. The company positions itself at the intersection of cutting-edge biotechnology and patient-centric innovation, addressing substantial unmet medical needs in rare ophthalmic diseases while pursuing broader applications that could impact millions of patients globally.
Keywords: gene therapy, inherited retinal diseases, IRDs, ophthalmic biopharmaceutical, AAV-based therapies, Leber congenital amaurosis, presbyopia, retinal degeneration, clinical-stage biotech, vision restoration, durable therapies, Durham NC
Company overview
Opus Genetics | Ocuphire Pharma company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Durham, United States
- Employees
- 44
- Open positions
- 3
- Dealroom signal
- 94.4
- Investment activity
- 1 companies · latest Oct 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Opus Genetics | Ocuphire Pharma funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO EQUITYOther financing | Apr 2026 | $5M | — | Oberland Capital | ↗ |
| GRANTOther financing | Apr 2026 | $35M | — | Oberland Capital | ↗ |
| PRIVATE PLACEMENT VCOther financing | Feb 2026 | $25M | — | Adage Capital · Trails Edge Capital Partners · Marshall Wace | ↗ |
| POST IPO EQUITYOther financing | Nov 2025 | $23M | — | Balyasny Asset Management · Perceptive Advisors · Nantahala Capital Management | ↗ |
| GRANTOther financing | Jun 2025 | $2M | — | Retinal Degeneration Fund | ↗ |
| POST IPO EQUITYOther financing | Mar 2025 | Perceptive Advisors · Nantahala Capital Management · George Magrath · Cam Gallagher | ↗ | ||
| PRIVATE PLACEMENT NON VCOther financing | Mar 2025 | Undisclosed | ↗ | ||
| IPOOther financing | Oct 2024 | Undisclosed | ↗ | ||
| GRANTOther financing | Nov 2020 | National Eye Institute | — | ||
| EARLY VCOther financing | Jan 2020 | Undisclosed | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $15M | +4.7% | −$37M | -245.8% |
| 2025 | $14M | +29.1% | −$37M | -257.5% |
| 2024 | $11M | -42.3% | −$30M | -269.2% |
| 2023 | $19M | -52.2% | −$8.7M | -45.8% |
| 2022 | $40M | +6665.7% | $18M | 45.7% |
| 2021 | $589K | — | −$23M | -3880.8% |
| 2020 | — | — | −$9.4M | — |
Growth signals
Opus Genetics | Ocuphire Pharma website traffic
Latest recorded traffic for Opus Genetics | Ocuphire Pharma is 7.1K monthly website visits, down 16.5% over the last three months. Opus Genetics | Ocuphire Pharma's team grew 46.7% over the past year.
Hiring
Open positions at Opus Genetics | Ocuphire Pharma
Current openings linked to this company in Dealroom.
Comparisons
Opus Genetics | Ocuphire Pharma compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
Opus Genetics | Ocuphire Pharma investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Opus Genetics | Ocuphire Pharma's talent
Source: Dealroom Talent Intelligence.
Investors
21 investors on Opus Genetics | Ocuphire Pharma's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.









Global footprint
Where Opus Genetics | Ocuphire Pharma has talent and traffic
In the news
Latest news about Opus Genetics | Ocuphire Pharma
Recent press, funding announcements, and product moves mentioning Opus Genetics | Ocuphire Pharma — open to read from the original sources.
Market sentiment
What the market is saying about Opus Genetics | Ocuphire Pharma
An AI-synthesized read of the highest-engagement posts about Opus Genetics | Ocuphire Pharma on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Opus Genetics | Ocuphire Pharma’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.

















