Chroma Medicine

Chroma Medicine

Develops single-dose genomic medicines using epigenetics

About Chroma Medicine

Simplify's Rating
Why Chroma Medicine is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$252.9M

Headquarters

Boston, Massachusetts

Founded

2021

Overview

Chroma Medicine develops single-dose genomic medicines that utilize epigenetics to regulate gene expression. By altering the structure of chromatin, the material that carries DNA, the company aims to create treatments that can lead to lasting changes in how genes are expressed, even as cells divide. This method allows for the control of gene expression without changing the DNA sequence itself, which could transform the treatment landscape for various diseases. Unlike many competitors, Chroma Medicine focuses specifically on this epigenetic approach, positioning itself in a unique niche within the biotechnology market. The goal is to advance genomic therapeutics and provide effective treatments for healthcare providers and patients, while also expanding its research and development capabilities.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Chroma's PCSK9 silencing shows potential in cardiovascular disease therapeutics.
  • Their multiplex editing enhances CAR T cells, improving cancer immunotherapy.
  • Partnerships and funding are bolstered by interest in epigenetic therapies.

What critics are saying

  • Integration with Nvelop Therapeutics may dilute Chroma's brand identity.
  • Staff layoffs suggest potential financial strain or strategic pivots.
  • Reliance on early-stage technologies like CHARM poses clinical outcome risks.

What makes Chroma Medicine unique

  • Chroma Medicine uses epigenetic editing to regulate gene expression without altering DNA.
  • Their CHARM technology recruits DNA methyltransferases for durable gene silencing.
  • Chroma's approach avoids DNA cutting, reducing risks of unintended genomic changes.

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Funding

Total Funding

$252.9M

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
$135M
Chroma Medicine

Growth & Insights and Company News

Headcount

6 month growth

↑ 20%

1 year growth

↑ 26%

2 year growth

↑ 37%
Business Wire
Dec 12th, 2024
Chroma Medicine and Nvelop Therapeutics Unite to Form nChroma Bio, Securing $75 Million to Accelerate Genetic Medicines

Chroma Medicine and Nvelop Therapeutics unite to form nChroma Bio to redefine the future of in vivo targeted genetic medicine.

Fierce Biotech
Aug 30th, 2024
Chutes & Ladders-Cell-focused Sana scoops first CSO

Kaplan comes from epigenetic medicine company Chroma Medicine, where he served as president, chief financial and corporate development officer.

Labiotech
Aug 2nd, 2024
Six Epigenetics Companies Making Strides In 2024

Epigenetics is the study of changes in organisms caused by modification of gene expression. By targeting epigenetic mechanisms, epigenetic therapies alter gene expression patterns to treat diseases. Some of these mechanisms include DNA methylation and histone modifications. DNA methylation is the attachment of chemical compounds called methyl groups to DNA so as to activate or silence a gene, whereas histone modifications aim to reduce gene expression by altering chromatin structure, which is the mixture of DNA and proteins that form the chromosomes.In this article, we take a look at six epigenetics biotech companies that are significant as well as up-and-coming players in the industry.Chroma MedicineMassachusetts-based Chroma Medicine has come up with programmable epigenetic editors that target genes and control chromatin conformation. These editors have a DNA binding domain to silence or activate a specific gene and a modular epigenetic effector domain that creates durable methylation patterns to control chromatin conformation and check whether a gene is accessible for transcription. Chromatin conformation is the process that regulates the coordination between DNA replication and transcription.Chroma’s epigenetic editors are able to fully eliminate the expression of the targeted gene as opposed to other current methods that regulate gene expression by cutting the DNA, which in turn may cause unpredictable DNA repair pathways to become activated. Recently, the biotech partnered with the Whitehead Institute for Novel Epigenetic Editing Technology to access a novel technology called CHARM, which is short for coupled histone tail for autoinhibition release of methyltransferase. CHARM uses an epigenetic editing effector domain to recruit and activate endogenous DNA methyltransferases to silence target genes.Earlier this year, it sponsored a preclinical study that found that epigenetic gene silencing can suppress a target gene – in this case, the Pcsk9 gene linked to high cholesterol – further strengthening the science behind epigenetic therapeutics. Last year, the epigenetics company was among The Endpoints 11, and named a top startup to hit the biotech scene with its novel science and technology.Storm TherapeuticsRNA is a key player in cellular decision-making, especially non-coding RNA

PR Newswire
Jun 27th, 2024
Chroma Medicine Announces Exclusive License Agreement With The Whitehead Institute For Novel Epigenetic Editing Technology

License provides exclusive access to innovative epigenetic editors and expands the reach of Chroma's platformBOSTON, June 27, 2024 /PRNewswire/ -- Chroma Medicine, Inc. (Chroma) a genomic medicine company pioneering single-course epigenetic editing therapeutics, today announced it has entered into an exclusive license agreement with the Whitehead Institute to access intellectual property and technology developed in the lab of Chroma co-founder Jonathan Weissman, Ph.D.The novel technology called CHARM (coupled histone tail for autoinhibition release of methyltransferase) uses a compact epigenetic editing effector domain to recruit and activate endogenous DNA methyltransferases to durably silence target genes. CHARM can utilize a self-silencing mechanism to limit its duration of expression and has been shown by Dr. Weissman's lab to induce brain-wide prion protein silencing in vivo.With an aim to deliver on the transformative potential of epigenetic editing, Chroma is expanding the versatility of its platform by leveraging this new technology to rapidly advance a new class of therapeutics that harness epigenetics, nature's innate mechanism for gene regulation, to achieve unparalleled control of gene expression without cutting, nicking, or altering the DNA sequence."This agreement is a powerful example of our deep commitment to innovation in genomic medicines," said Catherine Stehman-Breen, M.D., Chroma's Chief Executive Officer. "Adding CHARM to our arsenal of technologies strengthens our mission to bring a broad portfolio of durable epigenetic editing therapeutics to patients."About Whitehead Institute and Weissman LaboratoryWhitehead Institute is a world-renowned non-profit research institute dedicated to improving human health through basic biomedical research. Whitehead Institute's mission is to forge new frontiers in science, uncovering insights today that unlock the potential of tomorrow.The Weissman Laboratory is looking at how cells ensure that proteins fold into their correct shape, as well as the role of protein misfolding in disease and normal physiology

BioCentury
May 20th, 2024
Chroma hires Jenny Marlowe as CDO

Chroma hires Jenny Marlowe as CDO.

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