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Opus Genetics
A gene therapy company for ultra-rare blinding conditions. Acquired by Opus Genetics | Ocuphire Pharma
About Opus Genetics
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.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2021
- Headquarters
- Raleigh, United States
- Employees
- 5
- Open positions
- None listed
- Dealroom signal
- 56.2/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Genetics and genomics, Spinout, Biotech and Pharma, DT and LS, science-based
Knowledge graph
More headlines
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 | ↗ |
Growth signals
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.
Similar companies
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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.
Seed5 investors entered at this stage
Retinal Degeneration Fund
Bios Partners- MFManning Family Foundation
North Carolina Biotechnology Center
Foundation Fighting Blindness
Other known investors4 additional known investors
Harvard Medical School
Massachusetts Eye and Ear
Opus Genetics | Ocuphire Pharma
University of Pennsylvania
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Opus Genetics on X, ranked by likes and reposts, corporate channels excluded.
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
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