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Biosplice Therapeutics

Novel small-molecule therapeutics targeting osteoarthritis and degenerative disease
Biotech 📍 San Diego, CA Founded 2008
Current Valuation
$12B
as of 2018-Q3
DECACORN
Biosplice Therapeutics (formerly Samumed) is a clinical-stage biotech developing small-molecule therapeutics that target the Wnt signaling pathway, with lead candidate lorecivivint for knee osteoarthritis. The company has not raised since 2018 and its $12.4B valuation reflects pre-Phase-III peak rather than current market pricing.

Company Profile

CEO
Osman Kibar
Founded
2008
HQ
San Diego, CA
Employees
~250
Total Raised
$650M
Growth
Clinical-stage; no commercial product approved
Last Round
Series E — $438M (Aug 2018) · Lead: Vickers Venture Partners
IPO Status
no imminent plans

Founders & Key People

Osman Kibar

Investors

Vickers Venture Partners · Hatteras Venture Partners · IKEA family office

Products

  • Lorecivivint (osteoarthritis Phase III)
  • Wnt-pathway drug pipeline

Competitors

Eli Lilly · Pfizer · Calibr (Scripps)
BiotechOsteoarthritisDecacornPre-Revenue
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2018-Q3. Refreshed quarterly.