AAngitia Biopharmaceuticals develops biologic therapies for serious musculoskeletal diseases, with multiple candidates in Phase 2 and Phase 3. Its bispecific antibodies and other biologics aim to both stimulate bone formation and inhibit bone degradation to improve skeletal health. The company differentiates itself through deep bone biology expertise, translational medicine experience, and global research collaborations that support clinical progress. The aim is to deliver new treatments that improve structural outcomes and quality of life while advancing toward regulatory milestones.
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Industries
Company Size
51-200
Company Stage
Series D
Total Funding
$366M
Headquarters
Los Angeles, CA
Founded
2018
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Total Funding
$366M
Above
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Funded Over
4 Rounds
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Angitia Biopharmaceuticals secures USD 130m Series D financing for musculoskeletal therapeutics. Angitia Biopharmaceuticals, a clinical-stage biotechnology based out of California and Guangzhou, China, closed a USD 130 million Series D financing round. Financing was co-led by Frazier Life Sciences and Venrock Healthcare Capital Partners, with participation from new participants such as Ascenta Capital, Blackrock, BVF Partners, Logos Capital, RA Capital Management, and Wellington Management. Existing investors including Bain Capital Life Sciences, Elikon Venture, Janus Henderson Investors, and several other prominent healthcare investment firms also participated. According to Dr. David Ke, Angitia CEO, the funding will support the continued development of Angitia's pipeline of investigational treatments targeting serious musculoskeletal conditions. Angitia is currently developing three primary biologic product candidates - AGA2118, AGA2115, and AGA111 - each targeting distinct musculoskeletal indications. The company's lead asset, AGA2118, recently completed enrollment in a Phase II ARTEMIS trial for postmenopausal osteoporosis, while AGA2115 has initiated dosing in a Phase II IDUN trial focused on osteogenesis imperfecta. The company's strategic approach leverages extensive expertise in bone biology and musculoskeletal drug development. By focusing on rational biology and clearly defined unmet medical needs, Angitia aims to develop therapeutics that could potentially transform treatment paradigms in challenging musculoskeletal conditions. As part of the Angitia Biopharmaceuticals financing, Kevin Li, M.D., a partner at Frazier Life Sciences, will join the company's Board of Directors. Dr. Li brings considerable experience from both clinical medicine and strategic consulting, having previously worked at Stanford University and McKinsey & Company, where he focused on pharmaceutical industry strategy and growth.
Angitia Biopharmaceuticals raises $130M Series D for three biologics in musculoskeletal diseases, led by Frazier Life Sciences and Venrock Healthcare Capital Partners.
Angitia Biopharmaceuticals has u | Angitia Biopharmaceuticals has unveiled its second mega-round in 14 months, revealing a $130 million series D financing that positions the biotech to take three bone disease prospects deeper into the clinic.
Angitia Biopharmaceuticals to present data on AGA2115 for Osteogenesis Imperfecta at ASBMR 2025.
AGA111 treatment resulted in high spinal fusion success rate and improved functional outcomesWOODLAND HILLS, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- Angitia Biopharmaceuticals, a global, clinical-stage biotechnology company focused on the discovery and development of innovative therapeutics for serious musculoskeletal diseases, today announced the presentation of data from its randomized, double-blind, placebo-controlled Phase 1/2 study evaluating AGA111 for use in spinal fusion procedures on March 12, 2025, at the 2025 American Academy of Orthopedic Surgeons (AAOS) Annual Meeting in San Diego, California.In the study, treatment with AGA111, a recombinant human bone morphogenetic protein 6 (rhBMP6), led to faster radiographic fusion and a higher fusion success rate, as well as greater improvements in functional outcomes as assessed by the Oswestry Disability Index (ODI) and pain visual analog scale (VAS), compared to placebo.“We are honored and excited to present the full dataset from our Phase 1/2 study of AGA111, representing a rare and valuable randomized, placebo-controlled study in the field of orthopedics and spinal fusion,” said Willard Dere, M.D., Chief Medical Officer of Angitia. “Based on these encouraging results, we are now executing a registrational Phase 3 study of AGA111, which we believe has the potential to significantly accelerate bony fusion and meaningfully improve patient outcomes following spinal fusion surgery.”The Phase 1/2 trial was a randomized, double-blind, placebo-controlled study enrolling 63 patients with degenerative disc disease (DDD) requiring single-level Transforaminal Lumbar Interbody Fusion (TLIF) surgery. Patients were randomized 1:1:1 to 1 of 3 groups: placebo, 0.25mg AGA111, or 0.5mg AGA111. AGA111 or placebo was mixed with autologous blood to create a coagulum, which was then administered into the interbody area during TLIF surgery. No bovine material was used in the treatment or placebo arms. Blinded adjudicators assessed fusion success using CT scan images and hyperflexion/hyperextension X-rays at Months 3, 6, and 12
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Industries
Company Size
51-200
Company Stage
Series D
Total Funding
$366M
Headquarters
Los Angeles, CA
Founded
2018
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs