Global Blood Therapeutics

Global Blood Therapeutics

Develops and sells sickle cell therapies

Overview

Global Blood Therapeutics develops and delivers treatments for sickle cell disease. Its core product, Oxbryta (voxelotor), is an oral medicine approved by the FDA for SCD patients as young as 4 years old, and the company conducts research, clinical trials, and regulatory work to bring new therapies to market. Oxbryta works by acting on hemoglobin to reduce red blood cell sickling, supporting healthier blood flow. The company differentiates itself through a focused, disease-specific portfolio and active patient advocacy, prioritizing SCD care and community engagement alongside its R&D efforts. Its goal is to change the treatment paradigm for SCD by expanding options, improving outcomes, and progressing toward additional therapies for patients and families affected by the disease.

About Global Blood Therapeutics

Simplify's Rating
Why Global Blood Therapeutics is rated
D+
Rated D+ on Competitive Edge
Rated D+ on Growth Potential
Rated D+ on Differentiation

Industries

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Acquired

Total Funding

$5.6B

Headquarters

San Francisco, California

Founded

2011

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Simplify's Take

What believers are saying

  • Osivelotor remains Pfizer's only untainted SCD asset after Oxbryta and inclacumab failures.
  • GBT's SCD franchise survives if osivelotor succeeds in Phase 3 trials by 2028.
  • Oxbryta achieved global marketing authorization in EU and Gulf states before 2024 withdrawal.

What critics are saying

  • Oxbryta was withdrawn globally in September 2024 due to increased VOCs and deaths.
  • Inclacumab failed Phase 3 Thrive study, missing VOC reduction endpoint at 48 weeks.
  • Osivelotor Phase 3 failure would dissolve GBT's SCD franchise by late 2028.

What makes Global Blood Therapeutics unique

  • GBT developed Oxbryta, the first FDA-approved drug targeting sickle cell root cause.
  • Oxbryta increased hemoglobin by 1g/dL in 51% of patients versus under 7% with placebo.
  • GBT secured orphan and rare pediatric disease designations for next-gen inhibitor osivelotor.

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Funding

Total Funding

$5.6B

Above

Industry Average

Funded Over

4 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

-61%

1 year growth

-61%

2 year growth

-61%
City A.M.
Aug 8th, 2022
Pfizer buys Global Blood Therapeutics for £4.4bn in Covid cash spending spree

Pfizer has bought Global Blood Therapeutics for $5.4bn (£4.4bn), as the US pharmaceutical giant continues its Covid-19 cash spending spree. The deal will

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