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TARIS Biomedical

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Developing powerful and targeted new treatments for the millions of patients suffering from difficult-to-treat bladder diseases

Lexington, United StatesFounded 2008Biotech & Life Sciences
Valuation $100–250M Last recorded · 2017
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About TARIS Biomedical

TARIS Biomedical was a clinical-stage biotechnology company focused on developing targeted therapies for bladder diseases, which was acquired by Johnson & Johnson in December 2019. The company was founded in 2008 as a spinout from the Massachusetts Institute of Technology, based on research from the laboratories of renowned entrepreneurs Dr. Robert Langer and Dr. Michael Cima. Both Langer, a prolific inventor in medicine and a pioneer of controlled drug release systems, and Cima, an expert in materials science and medical devices, brought extensive entrepreneurial experience from co-founding multiple life science companies.

The core of TARIS's business was a novel, silicone-based drug delivery system designed for sustained, localized release of medication directly into the bladder over weeks or months. This technology addresses a primary challenge in urology: the bladder's tendency to quickly expel foreign materials, making traditional intravesical drug delivery inefficient. The system involves a device that is inserted into the bladder via a catheter in a minimally invasive office procedure, where it coils into a pretzel shape to stay in place, and is later retrieved using a cystoscope. This approach aimed to increase treatment efficacy for patients with debilitating bladder conditions while minimizing the systemic side effects associated with oral or infused drugs.

TARIS's business model centered on developing and advancing its pipeline of drug-device combination products through clinical trials to demonstrate safety and efficacy, with the ultimate goal of commercialization or strategic partnerships. A significant milestone occurred in August 2014, when the company sold its first program, LiRIS® for treating interstitial cystitis, to Allergan. Following this sale, TARIS relaunched in 2015 and shifted its focus to a portfolio addressing bladder cancer and overactive bladder. Its lead product candidate became TAR-200 (GemRIS), a system for releasing the chemotherapy drug gemcitabine to treat muscle-invasive bladder cancer (MIBC), which received Fast Track designation from the FDA in 2018. At the time of its acquisition by Johnson & Johnson, TARIS became part of Janssen R&D's Oncology division, continuing its research to advance the technology platform for bladder cancer and potentially other cancers.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2008
Headquarters
Lexington, United States
Employees
15
Open positions
None listed
Dealroom signal
27.3/100
Industry
Health
Sub-industry
Pharmaceutical
Sector
Biotech & Life Sciences, Biotechnology, Biomedical, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Dec 2019 $0 — Johnson & Johnson ↗
SERIES BOther financing Dec 2017 $25M $100M Undisclosed —
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Growth signals

TARIS Biomedical website traffic

Latest recorded traffic for TARIS Biomedical is 0 monthly website visits, down 100% over the last three months. TARIS Biomedical's team grew 0% over the past year.

Latest monthly visits0 3-month web change-100% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later3 investors entered at this stage

Other known investors2 additional known investors

  • Johnson & Johnson
  • University of Washington
Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Lexington HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about TARIS Biomedical 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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