Alltrna

Alltrna

Develops tRNA therapeutics for disease treatment

About Alltrna

Simplify's Rating
Why Alltrna is rated
A-
Rated C on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$159M

Headquarters

Cambridge, Massachusetts

Founded

2018

Overview

Alltrna focuses on developing tRNA therapeutics to treat diseases caused by genetic mutations. Their main product involves engineered tRNAs that can recognize and read stop codons, which are errors in the genetic code that lead to the production of incomplete proteins. By delivering the correct amino acids, these tRNAs help restore the production of full-length proteins, potentially addressing a wide range of diseases linked to nonsense mutations. Unlike other biotech companies, Alltrna specifically targets the untapped potential of tRNA biology, aiming to regulate protein synthesis at its source. The goal of Alltrna is to provide effective treatments for patients suffering from diseases caused by these genetic mutations.

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Simplify's Take

What believers are saying

  • Raised $109M in Series B to advance tRNA medicines for Stop Codon Disease.
  • Appointed Dr. Nerissa Kreher as CMO to enhance rare disease drug development.
  • Favorable regulatory environment for RNA-based therapies, including rare diseases.

What critics are saying

  • Emerging competition in tRNA therapeutics could challenge Alltrna's market position.
  • Complexity of tRNA biology may delay drug development timelines.
  • High cost of clinical trials for rare diseases could strain financial resources.

What makes Alltrna unique

  • Alltrna is the first to decode tRNA biology for therapeutic use.
  • Their platform uses AI/ML to develop programmable molecules for disease treatment.
  • Alltrna targets nonsense mutations, restoring full-length protein production in genetic diseases.

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Funding

Total Funding

$159M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$100M
ClickUp
$109M
Alltrna

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Parental Leave

Unlimited Paid Time Off

401(k) Retirement Plan

Disability Insurance

Life Insurance

Commuter Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-4%

2 year growth

4%
PR Newswire
Jan 7th, 2025
Alltrna Appoints Dr. Nerissa Kreher As Chief Medical Officer To Advance Trna Medicines For Rare Diseases

CAMBRIDGE, Mass., Jan. 6, 2025 /PRNewswire/ -- Alltrna , a Flagship Pioneering company unlocking transfer RNA (tRNA) biology and pioneering tRNA therapeutics to regulate the protein universe and resolve disease, today announced the appointment of Dr. Nerissa Kreher as Chief Medical Officer (CMO). Dr. Kreher brings decades of expertise in rare disease drug development, including extensive experience in clinical development, medical affairs, and regulatory strategy across both early- and late-stage programs."We are thrilled to welcome Nerissa to the Alltrna leadership team as we advance our first tRNA development candidates to the clinic for liver Stop Codon Disease," said Michelle C. Werner, CEO of Alltrna

PR Newswire
Apr 22nd, 2024
Alltrna Announces Presentations At Asgct 27Th Annual Meeting And Tides Usa 2024

CAMBRIDGE, Mass., April 22, 2024 /PRNewswire/ -- Alltrna , a Flagship Pioneering company unlocking transfer RNA (tRNA) biology and pioneering tRNA therapeutics to regulate the protein universe and resolve disease, today announced a poster presentation at the American Society of Gene & Cell Therapy (ASGCT) 27th Annual Meeting taking place May 7-11 in Baltimore and a talk and two poster presentations at TIDES USA 2024 taking place May 14-17 digitally and in-person in Boston.Details of the presentations are as follows:ASGCT 27th Annual MeetingPoster Title: tRNA Therapeutics to Treat Stop Codon DiseaseSession Date & Time: May 9, 12:00 PM to 7:00 PM ETPresenter: Stephen Eichhorn, Ph.D., Head of Computational and Molecular Biology, AlltrnaPresentation Room: Exhibit HallSession Title: Oligonucleotide TherapeuticsAbstract Number: 1221TIDES USA 2024Talk Title: Manufacturing Strategies for Chemically Modified tRNAsSession Date & Time: May 17, 5:00 PM to 5:30 PM ETPresenter: William Kiesman, Ph.D., Chief Technology Officer, AlltrnaSession Title: Oligonucleotide Chemistry, Manufacturing, and ControlsPoster Title: Building 3-D homology models to support tRNA structure-based drug designPresenter: Audrey Hughes, Ph.D., Scientist II, Computational Chemistry, AlltrnaPoster Title: Quantification of Tissue Delivery for tRNA Therapeutics in LNP FormulationsPresenter: W. George Lai, Ph.D., Head of DMPK, Drug Safety and Clinical Pharmacology, AlltrnaPosters will be displayed onsite in the exhibit hall throughout TIDES USA 2024.About Stop Codon DiseaseStop Codon Disease encompasses thousands of rare and common diseases that stem from premature termination codons (PTC) also called nonsense mutations, where the code for an amino acid has been mutated into a premature "stop" codon. This results in a truncated or shortened protein product with no or altered biological activity that causes disease. Approximately 10% of all people with a genetic disease have Stop Codon Disease, representing approximately 30 million people worldwide. Alltrna is engineering tRNA medicines that can read these PTC mutations and deliver the desired amino acid, thereby restoring the production of the full-length protein.About AlltrnaAlltrna unlocks tRNA biology to treat disease. The company's platform incorporates AI/ML tools to develop and deliver diverse programmable molecules with broad therapeutic potential

VC News Daily
Oct 13th, 2023
Alltrna Announces Series B Raise Of $109M

Alltrna Announces Series B Raise of $109M Back to HomeCAMBRIDGE, MA, Alltrna, a company unlocking transfer RNA (tRNA) biology and pioneering tRNA medicines, has raised $109 million in a Series B financing.Alltrna, a Flagship Pioneering company unlocking transfer RNA (tRNA) biology and pioneering tRNA medicines to regulate the protein universe and resolve disease, announced that it has raised $109 million in a Series B financing to advance the company's platform and first drug candidates towards the clinic for a first indication in Stop Codon Disease. The financing round included the company's founder, Flagship Pioneering, and a number of top-tier investors.(c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page

CityBiz
Aug 15th, 2023
Alltrna Appoints Chris Henderson, Ph.D., as Chief Scientific Officer

Alltrna, a Flagship Pioneering company unlocking transfer RNA (tRNA) biology and pioneering tRNA therapeutics to regulate the protein universe and resolve disease, today announced that it has appointed Chris Henderson, Ph.D., as Chief Scientific Officer and promoted William (Will) Kiesman, Ph.D., to Chief Technology Officer.

Google News
Aug 10th, 2023
Top 5 Stories

Alltrna is working on novel science around transfer RNA (tRNA), with the goal of creating a new class of medicines to regulate proteins.

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