Lung Therapeutics

United States
Kingston, Oklahoma, United States, 78746

Company profile

Lung Therapeutics company profile

Lung Therapeutics is a pharmaceutical company targeting niche, orphan drug indications for lung injury and disease, with an emphasis on fibrosis. Current efforts are focused on a severe complication of pneumonia, called loculated pleural effusion, a debilitating condition where fluid has built up in the chest cavity surrounding the lungs and fibrinous scar tissue in the pleural cavity blocks fluid drainage. Their first product, LTI-01 (single chain urokinase plasminogen activator, or scuPA), is being studied for safe clearance of fibrinous scar tissue in patients with loculated pleural effusion. By clearing the fibrinous buildup pharmaceutically, the clinical pathway for these patients is significantly improved, enabling simple draining of pleural fluid without surgery. Their longer-term efforts will target improvement of clinical pathways for Acute Lung Injury, Idiopathic Pulmonary Fibrosis and other disease conditions.

Business identity

Contact email
[email protected]
Phone number
737-802-1989
Operating status
Closed
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2013-01-01, Year

Headquarters

Postal code
78746
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
6
Total equity funding
$53.9M
Last funding
Series C / $36M / 2019-06-04
Last equity funding
Series C / $36M
Investors
3
Lead investors
2
Founders
2
Articles
26
Exited on
2023-10-31

Founders and investors

Founders

Andrew MazarSteven Idell

Lead investors

Bios PartnersUT Horizon Fund

Investors

Bios PartnersTexas Venture LabsUT Horizon Fund