Scipher Medicine

United States
Waltham, Massachusetts, United States, 02453

Company profile

Scipher Medicine company profile

Scipher Medicine develops a healthcare platform designed to determine which drug will work best for each patient. The company is committed to transforming the way providers prescribe drugs, as well as the way manufacturers, develop new drugs. They are building a molecular map of all protein interactions that identifies genomic signatures and links those to disease and predictive treatment outcomes. Using a simple blood sample to analyze RNA, Scipher Medicine can predict if a patient is likely to respond to a targeted therapy before therapy is prescribed. This insight allows patients to start the most effective therapy from day one. For its first commercial product, they have developed PrismRA®, a first-of-its-kind blood test that can predict which patients with rheumatoid arthritis are less likely to respond to TNFi therapies such as Humira® and Enbrel® so that such patients can go on alternative approved drugs. Scipher Medicine is building the future of patient treatment. Most patients who are prescribed blockbuster therapies today don't respond to treatment, costing the healthcare industry billions in wasted drugs while patients continue to suffer. Scipher's platform identifies which drug will work based on the patient's fundamental disease biology, and not based on symptoms, disease classification, or medical bias. A routine blood test predicts which drug he/she will respond to, with our first product focusing on rheumatoid arthritis, ensuring that the most optimal treatment is prescribed from day one. The molecular data generated by our tests are then used to fuel novel target discovery to address a clear unmet medical need in patients who do not respond to any existing therapy.

Business identity

Phone number
+1 781 755 2060
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$0-$1M
Founded
2014-01-01, Year

Headquarters

Postal code
02453
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
6
Total equity funding
$227M
Last funding
Series D / $110M / 2022-02-24
Last equity funding
Series D / $110M
Investors
15
Lead investors
5
Founders
4
Articles
61

Founders and investors

Founders

Albert László BarabasiJoseph LoscalzoMarcell VeidnerPeter Ruppert

Lead investors

aMoon FundCowen Healthcare InvestmentsKhosla VenturesNorthpond VenturesOptum Ventures

Investors

Alumni VenturesHitachi VenturesKhosla VenturesNeuberger BermanOptum Ventures