Alltrna

Develops tRNA therapeutics for disease treatment

Cambridge, Massachusetts, United States

About Alltrna

Alltrna focuses on developing tRNA therapeutics to treat diseases caused by genetic mutations. Their main product involves engineered tRNAs that can recognize and read stop codons, which are errors in the genetic code that lead to the production of incomplete proteins. By delivering the correct amino acids, these tRNAs help restore the synthesis of full-length proteins, potentially addressing a wide range of diseases linked to nonsense mutations. Unlike other biotech companies, Alltrna is the first to explore the therapeutic potential of tRNA in this way, aiming to unlock new treatment options for patients with specific genetic disorders. The goal of Alltrna is to provide effective therapies that target the root causes of diseases, improving the quality of life for those affected.

Cambridge, MassachusettsHeadquarters
2018Year Founded
$154.7MTotal Funding
SERIES_BCompany Stage
Biotechnology, HealthcareIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Parental Leave
Unlimited Paid Time Off
401(k) Retirement Plan
Disability Insurance
Life Insurance
Commuter Benefits
Professional Development Budget

Risks

Potential competition from established RNA-based therapy companies like Moderna.
Complexity of tRNA biology may pose challenges in clinical translation.
High development costs could strain resources despite recent funding.

Differentiation

Alltrna is the first to decode tRNA biology for therapeutic use.
Their platform uses AI/ML to develop programmable molecules for disease treatment.
Alltrna targets nonsense mutations, restoring full-length protein production in genetic diseases.

Upsides

Raised $109M in Series B to advance tRNA medicines for Stop Codon Disease.
Growing market interest in RNA technologies supports Alltrna's innovative approach.
FDA's fast-tracking of RNA therapies suggests favorable regulatory conditions for Alltrna.

Funding

Total raised$154.66 M
Latest valuation$545.00 M
StageSERIES_B
SERIES B
7/31/2023
$109
$545.00 M
EARLY VC
10/31/2021
$50
$250.00 M