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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

IPO Outlookprivate

Is Biosplice Therapeutics going public?
No. Biosplice Therapeutics has no imminent IPO plans on record. It is still private.
What is Biosplice Therapeutics' valuation in 2026?
Biosplice Therapeutics is valued at $12B as of 2018-Q3, set by its Series E ($438M, Aug 2018). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Biosplice Therapeutics filed an S-1?
No public S-1 is on file for Biosplice Therapeutics.
Who are Biosplice Therapeutics' investors?
Biosplice Therapeutics' investors include Vickers Venture Partners, Hatteras Venture Partners, IKEA family office.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
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
The $12.4B valuation is a 2018 Samumed-era print that no later round has re-tested and that trade press has openly questioned; the company cut 41 staff and dropped its baldness program in 2022, and its value now rests on lorecivivint, the knee-osteoarthritis candidate for which it submitted an NDA to the FDA
Last Round
Series E — $438M (Aug 2018) · Lead: Vickers Venture Partners
IPO Status
no imminent plans

Fundraising Status

Series E · $438M · 8y ago
no imminent plansTotal raised $650M

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series E$438MAug 2018Vickers Venture Partners

Vertical Intelligence — Biotech / Gene Therapy

Registered trials
22
0 active · 0 recruiting
Lead phase
Phase 3
most advanced registered study
Focus areas
Knee Osteoarthritis
Androgenetic Alopecia · Tendinopathy
Latest trial start
2022-11-18
Name-verified against lead sponsor "Biosplice Therapeutics, Inc." on ClinicalTrials.gov as of 2026-08-19. Verify on ClinicalTrials.gov ↗

Talent Signal

No public careers page or job board could be found for Biosplice Therapeutics as of 2026-08-17. That itself is a datapoint: no open external hiring surface.
Checked the company site and major hosted job boards. Re-checked monthly.

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.