East Ocyon Bio

East Ocyon Bio

Developer of cell and gene therapies for the treatment of cancer

Founded

2022

Headquarters

Developer of cell and gene therapies for the treatment of cancer

Status

Seed

Company Details

East Ocyon Bio is an innovative biotechnology startup based in India, focused on allogeneic cell and gene therapy (CGT). The company was founded with the vision of developing transformative therapies for cancer treatment, aiming to enhance India's role in the global biotech landscape.

Core Products and Services

  • Allogeneic cell therapies: CAR-NK, CAR-gamma delta T cells for cancer, autoimmune and rare diseases.

  • Pre-clinical and clinical development: In-house R&D to advance therapies from concept to clinical validation.

  • GMP manufacturing: Building capabilities for scalable production of CGT products.

  • mRNA and CRISPR-based therapy development: Expanding pipeline to include next-generation modalities.

Business Model & Revenue Streams

  • Revenue model: Project-based R&D contracts, milestone payments, and future product sales/licensing.

  • Primary revenue source: Currently R&D funding and grants; future revenue from clinical trial partnerships and commercial product sales.

  • Concrete data point: $4.2M seed funding secured in Dec 2024.

Top Clients & Partnerships

  • Top clients: Not yet disclosed due to early stage; targeting global pharma and Indian healthcare institutions.

  • Marquee contracts: No major long-term contracts or joint ventures announced yet.

  • Client concentration risk: Low—early-stage focus on building a diversified pipeline and partnerships.

  • Diversification initiatives: Expanding therapy pipeline and manufacturing capabilities.

Future Outlook & Strategic Priorities

  • Advance CAR-NK and CAR-gamma delta T cell therapies: Focus on completion of pre-clinical testing and initiation of Phase I clinical trials.

  • GMP facility development: Build and operationalize a state-of-the-art manufacturing site to support scalable production.

  • Global market entry: Aim to launch therapies in India and international markets simultaneously.

  • Pipeline expansion: Explore new therapy modalities such as mRNA and CRISPR-based treatments.

  • Strategic partnerships: Leverage investor expertise and industry collaborations for growth and regulatory navigation.

  • Risk management: Address regulatory, technological and market access challenges.

  • Concrete data point: $4.2 million seed funding secured to accelerate clinical and manufacturing milestones.

Key People

Dinesh Kundu

Renu Kundu

Narinder Mehra

Key Metrics

Total Equity Funding

$4.2 million

No. of Funding Rounds

1

Latest Funding Round

$4.2M, Seed

as of December 11, 2024

Post Money Valuation

-

as of N/A

Funding Multiple

2.38

as of N/A

Investors

Micro Labs

and 1 more

Employee Count

14

Similar Companies

Avammune Therapeutics

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 11, 2024Seed$4.2M---Aeravti Ventures ,Micro Labs

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