2022
Developer of cell and gene therapies for the treatment of cancer
Seed
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.
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.
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: 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.
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.
$4.2 million
1
$4.2M, Seed
as of December 11, 2024
-
as of N/A
2.38
as of N/A
Micro Labs
and 1 more14
Avammune Therapeutics
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
December 11, 2024 | Seed | $4.2M | - | - | - | Aeravti Ventures ,Micro Labs |