BlueRock Therapeutics

Develops advanced cellular therapies for diseases

Cambridge, Massachusetts, United States

About BlueRock Therapeutics

BlueRock Therapeutics develops advanced cellular therapies using a unique cell gene platform that directs cellular differentiation and genetically engineers cells. This technology allows them to create new types of medicines aimed at treating complex diseases in areas such as neurology, cardiology, and immunology. Their products work by transforming cells to target specific medical conditions, including neurodegenerative diseases, heart failure, and immune disorders. Unlike many competitors, BlueRock focuses on a specialized approach within the rapidly growing field of regenerative medicine, emphasizing strategic partnerships and research and development to advance their therapies. The company's goal is to address challenging medical conditions through innovative cellular treatments and to generate revenue through collaborations, licensing agreements, and eventual commercialization of their therapies.

Cambridge, MassachusettsHeadquarters
2016Year Founded
$218.9MTotal Funding
ACQUISITIONCompany Stage
Biotechnology, HealthcareIndustries
201-500Employees

Benefits

Remote Work Options
Hybrid Work Options

Risks

Competition from established firms like Johnson & Johnson may overshadow BlueRock's innovations.
Reliance on strategic partnerships poses risks if partners shift focus or resources.
Regulatory hurdles could delay product launches, impacting revenue and market position.

Differentiation

BlueRock uses iPSC technology to create novel cellular therapies for complex diseases.
Their strategic partnerships enhance R&D capabilities and expand therapeutic applications.
Focus on neurology, cardiology, and immunology addresses challenging medical conditions.

Upsides

FDA RMAT designation for bemdaneprocel accelerates market entry for Parkinson's therapy.
Successful Phase I trial of bemdaneprocel boosts investor confidence and funding potential.
Collaboration with bit.bio enhances discovery and development of new cell therapies.

Funding

Total raised$218.86 M
Latest valuation$1.00 B
StageACQUISITION
ACQUISITION
7/31/2019
$1.0 K
$1.00 B
SERIES A
11/30/2016
$225
$1.13 B