Celsius Therapeutics
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 4.4m | 5.0m | 7.1m | 7.8m | 7.8m |
% growth | - | 14 % | 42 % | 9 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $65.0m | Series A | |
* | $18.0m Valuation: $325m | Series B | |
* | $250m Valuation: $250m | Acquisition | |
Total Funding | €75.5m |
Recent News about Celsius Therapeutics
EditCelsius Therapeutics is a biotechnology startup that operates in the precision medicine market. The company's primary focus is on developing novel therapies for complex immuno-inflammatory diseases, such as inflammatory bowel disease (IBD). Celsius Therapeutics uses a unique approach that combines single-cell RNA sequencing and machine learning to gain a deeper understanding of the disease at a cellular level.
Single-cell RNA sequencing is a technique that allows scientists to study the individual cells in a tissue sample, which can provide a much more detailed picture of the disease. Machine learning, on the other hand, is a type of artificial intelligence that enables computers to learn from and make decisions based on data. By combining these two technologies, Celsius Therapeutics can identify new targets for therapy and patient subsets that might benefit from specific treatments.
The company's business model revolves around the development and commercialization of these precision therapies. Their first therapeutic candidate is an anti-TREM1 antibody for the treatment of IBD. TREM1 is a target that plays a central role in IBD and was identified through machine learning-enabled analysis of hundreds of clinical samples. Once a therapy is developed and approved, the company can generate revenue by selling these treatments to healthcare providers who serve patients with these complex diseases.
In summary, Celsius Therapeutics is a pioneering biotech startup that uses advanced technologies to develop precision therapies for complex immuno-inflammatory diseases. Their innovative approach could potentially revolutionize the treatment of these diseases and bring significant benefits to patients.
Keywords: Celsius Therapeutics, precision medicine, single-cell RNA sequencing, machine learning, inflammatory diseases, inflammatory bowel disease, biotechnology startup, therapeutic development, anti-TREM1 antibody, complex diseases.