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XTuit Pharmaceuticals

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Pharmaceutical preparations for use in the diagnosis and treatment of oncological, tumor, and

Waltham, United StatesFounded 2011Biotech & Life Sciences
Valuation $100–250M Last recorded · 2015
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for XTuit Pharmaceuticals and the history behind them.

About XTuit Pharmaceuticals

XTuit Pharmaceuticals, founded in 2011, was a biopharmaceutical firm that operated from Waltham, Massachusetts, before ceasing operations. The company focused on creating therapeutics for cancer and fibrotic diseases by targeting the disease-promoting microenvironment. This approach aimed to address issues like hypoxia, drug resistance, and decreased immune response. The business model was centered on its proprietary drug development pipeline and an integrated clinical biomarker platform designed to accelerate the clinical development of its therapies.

The company's intellectual property was built upon the foundational science of its distinguished co-founders: Dr. Rakesh K. Jain of Harvard Medical School and Massachusetts General Hospital, Dr. Robert Langer of MIT, and Dr. Ronald Evans of the Salk Institute. Dr. Jain's research concentrated on the tumor microenvironment and its role in therapy resistance. Dr. Evans' work focused on the regulatory switches that activate stromal cells, which drive fibrosis and tumor growth, while Dr. Langer is a renowned engineer and serial entrepreneur in the biotechnology space. Their collective expertise created the scientific basis for XTuit's core strategy.

XTuit's main product candidates were microenvironment-activated drugs. These compounds were designed to inhibit the synthesis of the extracellular matrix and silence activated stromal cells, such as cancer-associated fibroblasts. By doing so, the drugs could alleviate hypoxia (low oxygen levels in tissues) and reduce solid stress within tumors, thereby enabling better uptake of other therapeutic agents. The company was developing treatments intended to work in conjunction with standard-of-care drugs, including immune checkpoint inhibitors and chemotherapy, to improve outcomes in oncology. Another primary focus was on developing agents to reverse fibrosis in conditions like liver cirrhosis and nonalcoholic steatohepatitis (NASH). The company had not yet reached clinical trials before it became inactive.

After operating in stealth mode for several years, XTuit announced a $22 million Series A financing in June 2015, led by New Enterprise Associates and supported by founding investor Polaris Partners, among others. This funding was intended to advance its lead products into clinical trials. In March 2017, the company appointed Dr. Deborah Dunsire, an experienced leader from major pharmaceutical firms, as its CEO. However, by mid-2018, there were indications the company may have closed, as its website was down and Dr. Dunsire had moved to a new CEO role at H. Lundbeck.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2011
Headquarters
Waltham, United States
Employees
1
Open positions
None listed
Dealroom signal
0.0/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jun 2015 $22M $88M Omega Funds · Polaris Partners · Arcus Ventures · NEA —
SEED✓Equity / VC Dec 2014 $4M $16M Undisclosed —
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Growth signals

XTuit Pharmaceuticals website traffic

Latest recorded traffic for XTuit Pharmaceuticals is 0 monthly website visits, down 100% over the last three months.

Latest monthly visits0 3-month web change-100%
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Investments and acquisitions

Capital deployed

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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.

Series A4 investors entered at this stage

Team profiled 2 named & role-tagged
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Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
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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
1 countries with
team presence
🇧🇷 Brazil100%
1 country shown

Market sentiment

Posts on X, past 7 days

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