Abata Therapeutics

Abata Therapeutics

Develops Treg-based therapies for autoimmune diseases

Overview

Abata Therapeutics develops therapies for autoimmune diseases, with a focus on type 1 diabetes, using regulatory T cell (Treg) therapy. Its lead product ABA 201 is a Treg cell therapy for patients with residual beta cell function and is in IND-enabling studies with clinical trials expected in 2025. The therapy aims to dampen autoimmune attacks and preserve insulin-producing beta cells, with ElevateBio supporting process development and scalable manufacturing. The goal is to bring autoimmune treatments to patients through R&D, partnerships, and eventual commercialization, leveraging a focused niche and collaboration to advance toward approved therapies.

About Abata Therapeutics

Simplify's Rating
Why Abata Therapeutics is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Biotechnology

Healthcare

Company Size

1-10

Company Stage

Early VC

Total Funding

$190M

Headquarters

Cambridge, Massachusetts

Founded

2021

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Simplify's Take

What believers are saying

  • Bristol Myers Squibb investment in August 2024 funds clinical advancement.
  • ElevateBio partnership scales Treg manufacturing for trials.
  • Expert hires like Joanne Beck as CTO in September 2024 boost execution.

What critics are saying

  • Kyverna's KYV-101 captures progressive MS first-mover advantage.
  • Quell's QEL-001 allogeneic Tregs superior in type 1 diabetes trials.
  • FDA holds ABA-101 IND due to ElevateBio Treg instability.

What makes Abata Therapeutics unique

  • Abata engineers TCR-targeted Tregs for tissue-specific autoimmune treatment.
  • ABA-101 targets progressive MS CNS inflammation lacking therapies.
  • ABA-201 preserves beta cells in type 1 diabetes patients.

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Funding

Total Funding

$190M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
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Company News

Golden State Newswire
Sep 16th, 2024
Abata Therapeutics Appoints Joanne Beck, Ph.D., as Chief Technical Officer

WATERTOWN, Mass., Sept. 16, 2024 (GLOBE NEWSWIRE) - Abata Therapeutics, a clinical-stage biotech company focused on transforming lives with Treg therapies for severe autoimmune and inflammatory diseases, today announced the appointment of Joanne Beck, Ph.D., as chief technical officer.

CityBiz
Aug 15th, 2024
Abata Therapeutics Announces Investment from Bristol Myers Squibb

WATERTOWN, Mass., Aug. 15, 2024 (GLOBE NEWSWIRE) — Abata Therapeutics, a company focused on transforming lives with Treg therapies for... Read More

Yahoo Finance
Aug 15th, 2024
Abata Therapeutics Announces Strategic Investment from Bristol Myers Squibb Supporting Advancement of its Treg Cell Therapy Pipeline into Clinical Development

Founded by pioneers in Treg biology, TCR and antigen discovery, disease pathogenesis, and molecular and imaging biomarkers, Abata has developed a differentiated product engine to create engineered Treg cell therapies that are tissue-specific, robust, and durable.

Benzinga
Apr 20th, 2023
Abata Therapeutics Announces the Appointment of Leonard Dragone, M.D., Ph.D., as Chief Medical Officer

Abata Therapeutics, a company focused on translating the biology of regulatory T cells (Tregs) into transformational medicines for patients with severe autoimmune and inflammatory diseases, today announced the appointment of Leonard "Lenny" Dragone, M.D., Ph.D., as its new chief medical officer.

Multiple Sclerosis News Today
Dec 15th, 2022
1st Abata Candidate Is Treatment ABA-101 for Progressive MS | Now in Early Studies, MS Therapy Expected to Enter Trials in 2024 | Multiple Sclerosis News Today

Abata has collaborated with ElevateBio BaseCamp to develop a manufacturing process that engineers and grows Tregs for therapeutic use.

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