Global Blood Therapeutics

Global Blood Therapeutics

Develops treatments for sickle cell disease

About

Global Blood Therapeutics focuses on developing treatments for sickle cell disease (SCD), a genetic blood disorder that affects hemoglobin in red blood cells. Their main product, Oxbryta (voxelotor), is an FDA-approved treatment for SCD patients aged 4 and older. The company conducts extensive research, clinical trials, and seeks regulatory approvals to introduce new therapies. Unlike many competitors, GBT emphasizes community advocacy and aims to transform how SCD is treated. Their goal is to improve the lives of those affected by SCD through effective and innovative treatment options.

Company Stage

Acquired

Employees

501-1,000

Industries

Biotechnology, Healthcare

Total Funding

$86.3M

Headquarters

San Francisco, California

Founded

2011


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Simplify's Take

What believers are saying

  • GBT benefits from Pfizer's resources post-acquisition, enhancing R&D capabilities.
  • FDA's accelerated approval pathways could expedite GBT's new therapy approvals.
  • Growing patient-centric drug development trends align with GBT's clinical trial focus.

What critics are saying

  • Increased competition from Novartis and Bluebird Bio threatens GBT's market share.
  • Oxbryta's reliance for revenue is risky if generics or new therapies emerge.
  • Pfizer acquisition may lead to strategic shifts disrupting GBT's operations.

What makes Global Blood Therapeutics unique

  • GBT focuses on innovative treatments for sickle cell disease, a niche market.
  • Oxbryta is FDA-approved for patients as young as 4, showing pediatric commitment.
  • GBT emphasizes patient advocacy, enhancing its reputation in the biopharmaceutical sector.

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