Kelonia Therapeutics

Kelonia Therapeutics

Develops precise genetic therapies for diseases

About

Kelonia Therapeutics focuses on developing genetic medicine by delivering genetic material directly to targeted tissues, which is essential for treating diseases at their source. Their main product, KLN 1010, is an in vivo CAR T cell therapy designed to treat multiple myeloma, a type of blood cancer, by modifying a patient's immune cells to better attack cancer cells within the body. Unlike many competitors, Kelonia emphasizes precision in their delivery technology and has established partnerships, such as with Astellas, to enhance their product development and market entry. The company's goal is to provide life-saving therapies to patients while fostering a culture that prioritizes human talent and collaboration.

Company Stage

Series A

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$48.6M

Headquarters

Boston, Massachusetts

Founded

2021


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Simplify's Take

What believers are saying

  • In vivo gene delivery is gaining traction for its efficiency and less invasive nature.
  • Kelonia's partnership with Astellas could accelerate product development and market entry.
  • Growing interest in 'off-the-shelf' CAR T therapies aligns with Kelonia's goals.

What critics are saying

  • FDA scrutiny of CAR-T therapies could delay KLN-1010's approval process.
  • Technical challenges in in vivo CAR-T therapies may delay development timelines.
  • Reliance on partnerships exposes Kelonia to risks of strategic misalignment.

What makes Kelonia Therapeutics unique

  • Kelonia's iGPS technology offers precise in vivo gene delivery to target tissues.
  • KLN 1010 is the first in vivo CAR T cell therapy for multiple myeloma.
  • Kelonia's platform eliminates the need for ex vivo manufacturing and toxic chemotherapy.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

22%

2 year growth

51%

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