Spyre Therapeutics
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Corporate spinout | ||
* | N/A | Acquisition | |
N/A | N/A | IPO | |
* | $180m | Private Placement VC | |
Total Funding | €164m |
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Recent News about Spyre Therapeutics
EditSpyre Therapeutics is a biotechnology company focused on developing innovative treatments for inflammatory bowel disease (IBD). The company leverages advanced antibody engineering, rational therapeutic combinations, and precision medicine to create next-generation products aimed at improving patient outcomes. Spyre's pipeline includes extended half-life antibodies targeting TL1A and IL-23, which are designed to offer more effective and longer-lasting relief for IBD patients. The company primarily serves individuals suffering from IBD, including conditions such as ulcerative colitis (UC) and Crohn's disease (CD), which affect millions of people worldwide. In the United States alone, approximately 2.4 million individuals are diagnosed with IBD. Spyre operates in the biotechnology and healthcare market, focusing on chronic gastrointestinal conditions. The business model revolves around the research, development, and commercialization of novel therapeutic solutions. Revenue is generated through the sale of these specialized treatments, as well as potential partnerships and licensing agreements with other healthcare entities. The company is committed to improving the quality of life for IBD patients through cutting-edge science and a collaborative, interdisciplinary approach.
Keywords: biotechnology, IBD, antibody engineering, precision medicine, TL1A, IL-23, ulcerative colitis, Crohn's disease, chronic conditions, healthcare.