Ossium Health

Ossium Health

Develops advanced cell therapies using stem cells

About Ossium Health

Simplify's Rating
Why Ossium Health is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Series C

Total Funding

$131.2M

Headquarters

San Francisco, California

Founded

2016

Overview

Company Does Not Provide H1B Sponsorship

Ossium Health develops advanced cell therapies aimed at enhancing human health and longevity. The company uses stem cells obtained from deceased donors to create treatments for various conditions, including blood and immune system diseases, organ transplant rejection, and orthopedic issues. Their approach involves extensive research, clinical trials, and partnerships with healthcare providers and life science organizations to effectively bring these therapies to market. Ossium Health distinguishes itself from competitors by focusing on the unique application of deceased donor stem cells, which allows for innovative solutions in areas often overlooked. The primary goal of Ossium Health is to improve patient outcomes and quality of life through effective cell-based therapies.

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Simplify's Take

What believers are saying

  • Growing interest in allogeneic stem cell therapies boosts Ossium's market potential.
  • Ossium's HOPE Program expands access to bone marrow transplants for more patients.
  • The orthopedic biomaterials market is projected to grow, benefiting Ossium's OssiGraft.

What critics are saying

  • Ethical concerns about using stem cells from deceased donors may affect public perception.
  • Intense competition from companies like Bluebird Bio could impact Ossium's market share.
  • Reliance on organ procurement organizations poses risks if donation rates change.

What makes Ossium Health unique

  • Ossium Health uses stem cells from deceased donors, a unique sourcing method.
  • The company has established a first-of-its-kind bone marrow bank for cell therapies.
  • Ossium's strategic partnerships enhance its distribution and market reach in orthopedics.

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Funding

Total Funding

$131.2M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$52M
Ossium Health
$62M
SeatGeek
$100M
Oura

Benefits

Medical, dental and vision coverage

401(k) Company Match

Stock Options

Unlimited Paid Time Off

Employer paid life insurance and long term disability

Gym membership/recreational sports reimbursements

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

1%

2 year growth

5%
Ossium Health
Feb 11th, 2025
Ossium to Exhibit at Tandem in Honolulu

ossiumhealth.com is excited to announce that Ossium will be exhibiting at the 2025 Transplantation & Cellular Therapy (Tandem) Meetings of ASTCT and CIBMTR, taking place from February 12-15 in Honolulu, Hawaii.

Ossium Health
Sep 12th, 2024
Ossium Ranks No. 56 on Fast Company's 100 Best Workplaces for Innovators

Ossium ranks No. 56 on Fast Company's 100 Best Workplaces for Innovators.

WICZ
May 10th, 2024
Ossium Health Launches HOPE Program to Give All Patients Hope for a Cure

Ossium Health, an innovative bioengineering company that established a first-of-its-kind bone marrow bank, announced today the launch of a new program that further expands patient access to Ossium's bone marrow.

Business Wire
May 10th, 2024
Ossium Health Launches Hope Program To Give All Patients Hope For A Cure

SAN FRANCISCO--(BUSINESS WIRE)--Ossium Health, an innovative bioengineering company that established a first-of-its-kind bone marrow bank, announced today the launch of a new program that further expands patient access to Ossium’s bone marrow. Through the HOPE (HPC Offered for PRESERVE Expansion) Program, patients that need an allogeneic bone marrow transplant but are ineligible to participate in Ossium’s active clinical study (PRESERVE I) have a new opportunity to receive bone marrow from Ossium’s bank. The goal of Ossium’s PRESERVE trials is to establish organ donor bone marrow as a new source of stem cells for hematologic reconstitution and unlock access to stem cell transplants for the thousands of patients who search unsuccessfully for a donor each year. The company recently initiated the PRESERVE I clinical study and is currently enrolling patients at five transplant centers across the United States. Through PRESERVE I, 12 patients with acute leukemias will receive a transplant with bone marrow from Ossium’s bank, generating the safety and efficacy data required to initiate a long-term phase 2 study (PRESERVE II). Ossium launched the HOPE Program after recognizing the sheer volume of patients that need a bone marrow transplant but are unable to participate in the PRESERVE I study due to its eligibility criteria or the patient’s geography

Business Wire
May 10th, 2024
Ossium Health Launches HOPE Program to Give All Patients Hope for a Cure

Ossium Health launches HOPE Program to give all patients hope for a cure.

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