Lysosomal Therapeutics

Company

Investment-firm

Last deal

$20M

Amount

Series A

Stage

03.02.2015

Date

2

all rounds

$24.8M

Total amount

Financing round

General

About Company
Lysosomal Therapeutics is a company dedicated to research and development in the field of neurodegeneration.

Industry

Sector :

Subsector :

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Leveraging the link between lysosome-based genetic disorders and neurodegenerative diseases, Lysosomal Therapeutics develops compounds that enhance lysosomal function and reduce the accumulation of harmful proteins. Their lead program targets Gaucher-related neurodegeneration, Parkinson's disease, and other synucleinopathies, with the aim of providing breakthrough therapies for patients.
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M&A Details
1

Transaction name

Acquired by

Allergan

announced date

09.01.2017

Financials

Funding Rounds
2
2

Number of Funding Rounds

$24.8M

Money Raised

Their latest funding was raised on 03.02.2015. Their latest investor Partners Innovation Fund. Their latest round Series A

Date 
Funding Round 
Investors 
Money Raised 
Lead 
03.02.2015
8
$20M
12.05.2014
5
$4.8M
Investments
4
Date 
name 
Lead 
type 
Raised 
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Bruce Booth

Bruce Booth

Bruce is a Co-Founder and the Chairman of the Board at Kymera Therapeutics. He's also a partner at Atlas Venture and focuses on the discovery and development of novel therapeutics. Since joining in 2005, Bruce has been instrumental in forming unique, innovative, and capital-efficient structures for drug discovery and development. He is a co-founder/founding investor and currently chair of the board of miRagen Therapeutics, Nimbus Therapeutics, Padlock Therapeutics, Quartet Medicine, and Rodin Therapeutics. Along with Peter Barrett, Bruce seeded, incubated, and serves on the board of Zafgen (NASDAQ: ZFGN), and Bruce is a board member of Lysosomal Therapeutics Inc. (LTI) and Unum Therapeutics. Previously, he served on the boards of past Atlas companies Avila Therapeutics (acquired by Celgene), Stromedix (acquired by Biogen), Prestwick (acquired by Biovail), and Proprius (acquired by Cypress Biosciences), among others. Previously, Bruce was a principal at Caxton Health Holdings L.L.C., a healthcare-focused investment firm, where he focused on the firm’s private equity activities, ranging from early-stage venture capital through late-stage buyouts. Prior to Caxton, he was an associate principal at McKinsey & Company, a global strategic management consulting firm, where he advised clients on R&D productivity, corporate strategy and business development issues across the biopharmaceutical sector. Bruce currently serves as a trustee of the New York Academy of Medicine and is a term member of the council on foreign relations. He received a DPhil from Oxford University as a Marshall Scholar and a BS from the Pennsylvania State University.

current job

Atlas Venture
Atlas Venture

People

Founders
6
Kees Been
Kees Been

Kees Been

Kees Been is the Chief Executive Officer at BIAL Biotech Investments, Inc. Kees Been attended INSEAD.

current job

BIAL Biotech
BIAL Biotech

Kees Been

Dimitri Krainc
Dimitri Krainc

Dimitri Krainc

Dimitri is Aaron Montgomery Ward Professor of Neurology, Chairman of the Ruth and Ken Davee Department of Neurology at the Feinberg School of Medicine and Northwestern Memorial Hospital and Director of Center for Rare Neurological Diseases at Feinberg. Previously, he spent 20 years at Harvard Medical School completing his research training followed by a neurology residency and fellowship in movement disorders at Massachusetts General Hospital (MGH) and Brigham and Women’s Hospital. He then served on the clinical and research faculty in the Department of Neurology at MGH and Harvard Medical School.

current job

Lysosomal Therapeutics
Lysosomal Therapeutics

organization founded

1

Dimitri Krainc

Joseph Mazzulli
Joseph Mazzulli

Joseph Mazzulli

Joseph is assistant professor of neurology at the Northwestern University Feinberg School of Medicine. The major focus of his laboratory is to define mechanistic similarities between rare genetic lysosomal diseases and more common neurodegenerative disorders that are characterized by the accumulation of amyloid proteins, such as Parkinson's and Alzheimer's diseases.

current job

Lysosomal Therapeutics
Lysosomal Therapeutics

organization founded

1

Joseph Mazzulli

Edmund Sybertz
Edmund Sybertz

Edmund Sybertz

Ted Sybertz, Ph.D., held various research leadership positions at Schering Plough, Geltex and Genzyme, focusing on cardiovascular and CNS diseases. At Genzyme, he played a leadership role in discovery and preclinical development of the glucosyl ceramide synthesis inhibitor, eliglustat. He has been associated with the discovery and introduction of over 20 molecules into clinical development, six of which were ultimately approved.

current job

Lysosomal Therapeutics
Lysosomal Therapeutics

organization founded

1

Edmund Sybertz

Employee Profiles
14
Mark Carthy

Mark Carthy

Investor

Henri Termeer

Henri Termeer

Founder

Joseph Mazzulli

Joseph Mazzulli

Scientific Founder

Dimitri Krainc

Dimitri Krainc

Scientific Founder, Chairman of the Scientific Advisory Board

Edmund Sybertz

Edmund Sybertz

Founder

Activity

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0