Last deal

Amount

Post-IPO Equity

Stage

15.08.2022

Date

8

all rounds

$180.3M

Total amount

General

About Company
Frequency Therapeutics develops small molecule drugs that activate progenitor cells within the body to restore healthy tissue.

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Also Known As

FrequencyTx

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The company, founded in 2015 and based in Woburn, Massachusetts, is a clinical-stage biotechnology company that uses its Progenitor Cell Activation approach to create functional tissue by activating progenitor cells within the body through combinations of molecules. Its lead product candidate FX-322 is being developed to treat sensorineural hearing loss. Frequency Therapeutics aims to restore human function by developing therapeutics that activate a person's innate regenerative potential within the body, with a focus on driving remyelination and potential functional recovery for individuals living with multiple sclerosis.
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