R
Renalys
Catalyst to access novel therapies for Asian patients with renal disease
About Renalys
Renalys Pharma is a late-stage clinical biopharmaceutical company established in April 2023, with a specific focus on addressing unmet needs in renal disease management for patients in Japan and other Asian countries. The company was co-founded by venture capital firms Catalys Pacific and SR One, with the strategic goal of mitigating "drug loss" by accelerating access to new treatments for kidney disease in the region. The co-founders are BT Slingsby, who also serves as CEO, and Takeshi Takahashi. BT Slingsby's role as the Founder and Managing Director of Catalys Pacific highlights the deep integration between the investment firm and Renalys's operational strategy, aiming to build transformative biotechnology companies. The leadership team includes world-class talent, notably former executives from Kyowa Kirin with a proven history of launching significant renal therapies in Japan.
The company's business model centers on in-licensing promising therapeutics and navigating them through clinical development and regulatory approval in its target markets. Renalys operates in the biopharmaceutical sector, specifically targeting the nephrology market in Japan and 13 other Asian territories, including South Korea, Taiwan, and parts of Southeast Asia. Its establishment was a direct response to the growing healthcare burden of Chronic Kidney Disease (CKD) and End-Stage Renal Disease (ESRD) in Japan. In July 2024, Renalys secured ¥6.0 billion (approximately $38.2 million) in a Series A financing round co-led by its founding investors, Catalys Pacific and SR One, to fund its clinical operations.
The cornerstone of Renalys's current pipeline is sparsentan, an oral, dual-acting antagonist of endothelin and angiotensin receptors (DEARA). This therapeutic was in-licensed from Travere Therapeutics. Sparsentan is being developed for the treatment of IgA nephropathy (IgAN), a major cause of kidney failure that is particularly prevalent in Asia. The drug offers a non-immunosuppressive treatment approach by inhibiting two critical pathways, Endothelin-1 (ET-1) and Angiotensin II (Ang II), which are involved in the progression of the disease. Sparsentan is already approved in the U.S. under the brand name FILSPARI® for reducing proteinuria in adults with primary IgAN. Following the submission of an Investigational New Drug (IND) application in April 2024, Renalys initiated a Phase III clinical trial for sparsentan in Japan, with initial results anticipated in the latter half of 2025.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2023
- Headquarters
- Tokyo, Japan
- Employees
- 1
- Open positions
- None listed
- Dealroom signal
- 59.7/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Biotech and Pharma, 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 |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2025 | $115M | $115M | Chugai Pharmaceutical | ↗ |
| SERIES A✓Equity / VC | Jul 2024 | $46M | $185M | Japan Co-Invest Limited Partnership · Catalys Pacific · Sumitomo Mitsui Trust Bank · SR One | ↗ |
Growth signals
Latest recorded traffic for Renalys is 380 monthly website visits, down 78.9% over the last three months. Renalys's team grew 0% 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.
Series A6 investors entered at this stage
Catalys PacificSR One
- JPJapan Co-Invest Limited Partnership
Sumitomo Mitsui Trust Bank
Nippon Venture Capital
Japan Post Investment
Other known investors1 additional known investor
Chugai Pharmaceutical
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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