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Trethera (Formerly Triangle Therapeutics)

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Small molecules that control dna replication and integrity

Beverly Hills, United StatesFounded 2015Biotech & Life Sciences
Valuation $0–100M Latest valuation · 2016
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Trethera (Formerly Triangle Therapeutics)

Trethera is a clinical-stage biopharmaceutical firm focused on developing treatments for oncology and autoimmune diseases. The company was founded in 2015 as a spinoff from the University of California, Los Angeles (UCLA) by a team of scientists including Caius Radu, Johannes Czernin, Mike Jung, and Owen Witte. These founders have a significant track record in drug discovery, including contributions to the development of approved prostate cancer drugs Xtandi and Erleada. The company's scientific foundation is built on over a decade of research originating at UCLA, starting with discoveries related to the enzyme deoxycytidine kinase (dCK) in 2009.

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The company's core strategy revolves around targeting the nucleotide salvage pathway, a metabolic process that becomes hyperactive in rapidly proliferating cells found in cancers and autoimmune disorders. Trethera's lead product candidate, TRE-515, is a first-in-class, orally administered dCK inhibitor. By blocking this key enzyme, TRE-515 aims to halt the synthesis of DNA precursors, thereby inhibiting the replication and proliferation of diseased cells while having less of an effect on healthy cells. This mechanism allows for a broad range of potential applications from a single drug. Trethera is pursuing a business model centered on advancing TRE-515 through clinical trials for multiple indications, thereby creating numerous pathways to commercialization and patient impact. The company generates capital through funding rounds, including a recent Regulation D offering for accredited investors, and has also received over $7 million in non-dilutive grants from the National Institutes of Health (NIH).

TRE-515 is currently in clinical trials for solid tumors and is being developed for a wide array of other conditions, including lupus, Crohn's disease, multiple sclerosis (MS), and acute disseminated encephalomyelitis (ADEM). The U.S. Food and Drug Administration (FDA) has granted TRE-515 Fast Track designation for prostate cancer and Orphan Drug status for two autoimmune neurologic diseases. Recent milestones include receiving a $3 million NIH grant to advance TRE-515 for the treatment of lupus and securing clearance to initiate a clinical trial in healthy volunteers to study the drug's effects and biomarkers. The company's intellectual property portfolio for TRE-515 is protected with market exclusivity expected to extend to 2045. Heading the company is Chairman and CEO, Dr. Ken Schultz, who brings experience from previous leadership roles at Halozyme, Medtronic, and McKinsey & Company. Keywords: TRE-515, deoxycytidine kinase inhibitor, dCK inhibitor, nucleotide salvage pathway, oncology, autoimmune diseases, clinical-stage biopharmaceutical, UCLA spinoff, solid tumors, systemic lupus erythematosus, prostate cancer, orphan drug, Ken Schultz, Caius Radu, Johannes Czernin, cancer metabolism, oral therapy, drug development, biotechnology investment, autoimmune therapy

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
Beverly Hills, United States
Sector
Biotech & Life Sciences

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Investors

4 investors on the cap table

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

Seed4 investors entered at this stage

  • National Eye Institute
  • National Cancer Institute SBIR Development Center
  • US National Institute of Allergy and Infectious Diseases
  • National Institutes of Health
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
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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
3 countries with
team presence
🇺🇸 United States75%
🇨🇦 Canada12.5%
🇨🇭 Switzerland12.5%
3 countries shown

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