Abata Therapeutics

Abata Therapeutics

Develops therapies for autoimmune diseases

About

Abata Therapeutics develops therapies for autoimmune diseases, focusing on type 1 diabetes. Their main product, ABA 201, is a Treg cell therapy aimed at patients with some remaining beta cell function. This therapy works by utilizing regulatory T cells to improve patient outcomes. Abata stands out in the biotech market by targeting a specific niche of autoimmune disease patients and forming strategic partnerships, like the one with ElevateBio, to enhance their research and manufacturing capabilities. The company's goal is to transform treatment options for autoimmune diseases through advanced research and development.

Company Stage

Seed

Employees

11-50

Industries

Biotechnology

Total Funding

$184.8M

Headquarters

Cambridge, Massachusetts

Founded

2021


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Simplify's Take

What believers are saying

  • Recent investment from Bristol Myers Squibb boosts Abata's Treg therapy pipeline development.
  • FDA's accelerated approval pathways may expedite Abata's clinical trials.
  • Growing autoimmune disease prevalence increases demand for Abata's innovative treatments.

What critics are saying

  • Intensifying competition from companies like Sangamo Therapeutics may impact Abata's market share.
  • Stringent FDA scrutiny on manufacturing could delay Abata's clinical trials.
  • Rising clinical trial costs pose financial risks to Abata's pipeline progression.

What makes Abata Therapeutics unique

  • Abata focuses on Treg cell therapies for autoimmune diseases like MS and diabetes.
  • Their lead product, ABA 201, targets type 1 diabetes with remaining beta cell function.
  • Abata's strategic partnership with ElevateBio enhances their manufacturing capabilities.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

7%

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