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Raziel Therapeutics
Biotech & Life Sciences · Jerusalem, Israel · Founded 2012
Raziel Therapeutics is a clinical-stage pharmaceutical company developing a proprietary drug for targeted fat reduction MoreLess
Raziel Therapeutics, founded in 2012, is a clinical-stage pharmaceutical company headquartered in Rehovot, Israel. The company originated from technology developed at The Hebrew University of Jerusalem by a team led by Professor Shmuel A. Ben-Sasson, who made a serendipitous discovery related to fat cell reduction while researching diabetes. The company is spearheaded by CEO and founder Alon Bloomenfeld, who has an extensive background in finance and management roles at various public and private companies in the high-tech and biomedical sectors.
Raziel Therapeutics is focused on developing a proprietary, injectable new chemical entity called RZL-012 (Tapencarium) for aesthetic and therapeutic applications involving localized fat reduction. The business model centers on the clinical development and subsequent commercialization of RZL-012 through strategic partnerships and licensing agreements. A significant milestone was the 2020 licensing deal with Fosun Pharma, granting exclusive rights to develop and commercialize RZL-012 in Greater China for treating submental fat, commonly known as a double chin. This agreement involves substantial milestone payments and future royalties. The company also has a collaboration with 365mc to advance clinical development in South Korea.
The company's lead product, RZL-012, is a first-in-class small molecule designed to be administered via a single session of multiple subcutaneous injections directly into unwanted fat deposits. Its mechanism of action involves the physical destruction of fat cell membranes, a process known as necrosis, leading to the death of adipocytes at the injection site. This triggers a natural inflammatory and healing process where the dead fat cells are cleared and replaced by fibrotic tissue, resulting in a contraction of the area and a long-term, sustained reduction in fat volume. This targeted approach differentiates it from systemic metabolic treatments.
Raziel is advancing RZL-012 through multiple clinical trials for several indications. A primary aesthetic application is the reduction of submental fat, for which Phase 3 trials have been initiated in China with a projected market launch in 2027. The drug is also being evaluated for body contouring, such as reducing flank fat, and for therapeutic uses. Notably, the FDA granted RZL-012 an orphan drug designation for Dercum's disease, a rare condition characterized by painful fatty deposits called lipomas. Clinical studies have shown RZL-012 can significantly reduce pain associated with these lipomas.
Keywords: Raziel Therapeutics, RZL-012, Tapencarium, injectable fat reduction, lipolysis, aesthetic medicine, body contouring, submental fat, double chin, Dercum's disease, focal fat reduction, non-surgical, clinical-stage, pharmaceutical, Alon Bloomenfeld, Shmuel Ben-Sasson, Fosun Pharma, cytolytic drug, adipocyte death, fat dissolving, cosmetic therapeutics, orphan drug, flank contouring, medical aesthetics, subcutaneous injection
Company overview
Raziel Therapeutics company information
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- Status
- Operational
- Founded
- 2012
- Headquarters
- Jerusalem, Israel
- Employees
- 3
- Open positions
- None listed
- Dealroom signal
- 28.3
Valuation & funding
Raziel Therapeutics funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jul 2026 | $42M | $168M | K2 Investment · Johnson & Johnson Innovation · K2 Investment Partners · Company K Partners | ↗ |
| LATE VCOther financing | Oct 2025 | $0 | — | 365mc Hospital | ↗ |
| SERIES COther financing | Dec 2019 | $22M | $88M | Pontifax Funds · Quark Venture | ↗ |
| SPINOUTOther financing | Jan 2012 | $0 | — | Yissum Research Development · The Hebrew University of Jerusalem | ↗ |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 3 |
| 2025 | 4 |
Growth signals
Raziel Therapeutics website traffic
Latest recorded traffic for Raziel Therapeutics is 1K monthly website visits, down 37.5% over the last three months. Raziel Therapeutics's team declined 25% over the past year.
Comparisons
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Raziel Therapeutics's talent
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Investors
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