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Opus Genetics
Biotech & Life Sciences · Raleigh, United States · Founded 2021
A gene therapy company for ultra-rare blinding conditions. Acquired by Opus Genetics | Ocuphire Pharma MoreLess
Opus Genetics is a pioneering biotech startup focused on developing gene therapies for rare inherited retinal diseases (IRDs). These are genetic disorders that cause vision loss and blindness. The company is dedicated to creating advanced treatments that target specific genetic mutations responsible for these conditions.
Opus Genetics primarily serves patients suffering from rare eye diseases, a niche but critical segment of the healthcare market. The company operates in the biotechnology and gene therapy sector, which is a rapidly growing field aimed at treating genetic disorders at their root cause by altering or replacing defective genes.
The business model of Opus Genetics revolves around research and development (R&D) of gene therapies. They are backed by the Retinal Degeneration Fund, the venture arm of the Foundation Fighting Blindness. This backing provides them with both financial support and invaluable insights into patient needs. By focusing on wholly owned programs, Opus Genetics maintains control over their research and development processes, ensuring that their therapies are tailored specifically to the needs of patients with rare retinal diseases.
Opus Genetics makes money through a combination of funding from venture capital, grants, and potentially future revenue from the commercialization of their gene therapies. As their treatments progress through clinical trials and receive regulatory approval, they can be marketed and sold to healthcare providers and directly to patients, generating revenue.
In summary, Opus Genetics is at the forefront of developing groundbreaking gene therapies for rare inherited retinal diseases, leveraging strong financial backing and a patient-centric approach to create innovative treatments.
Keywords: gene therapy, inherited retinal diseases, biotechnology, rare eye diseases, genetic disorders, R&D, venture-backed, patient-centric, clinical trials, AAV-based therapies.
Company overview
Opus Genetics company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2021
- Headquarters
- Raleigh, United States
- Employees
- 5
- Open positions
- None listed
- Dealroom signal
- 56.2
Valuation & funding
Opus Genetics funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2024 | $0 | — | Opus Genetics | Ocuphire Pharma | ↗ |
| GRANTOther financing | Jun 2024 | $1.7M | — | Foundation Fighting Blindness | ↗ |
| SEED✓Equity / VC | Jun 2023 | $4.5M | $95M | North Carolina Biotechnology Center | ↗ |
| SEED✓Equity / VC | Sep 2021 | $19M | $76M | Bios Partners · Retinal Degeneration Fund · Manning Family Foundation | — |
| SPINOUT✓Other financing | Jan 2021 | $0 | — | Harvard Medical School · University of Pennsylvania · Massachusetts Eye and Ear | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 5 |
| 2025 | 5 |
| 2024 | 5 |
| 2023 | 11 |
| 2022 | 21 |
| 2021 | 6 |
Growth signals
Opus Genetics website traffic
Latest recorded traffic for Opus Genetics is 6.4K monthly website visits, down 5.9% over the last three months. Opus Genetics's team grew 0% over the past year.
Comparisons
Opus Genetics compared with similar companies
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Talent graph
Opus Genetics's talent
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Investors
9 investors on Opus Genetics's cap table
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Global footprint
Where Opus Genetics has talent and traffic
team presence
In the news
Latest news about Opus Genetics
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Market sentiment
What the market is saying about Opus Genetics
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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