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About Shape Therapeutics
Industries
AI & Machine Learning
Biotechnology
Company Size
51-200
Company Stage
Series B
Total Funding
$143.5M
Headquarters
Seattle, Washington
Founded
2018
Overview
Shape Therapeutics specializes in programmable RNA medicine, using artificial intelligence to analyze data for developing new treatments. Their technology, RNAfix, modifies RNA instructions to correct genetic mutations without changing DNA, while smart-sensing vector designs allow for tailored gene expression in specific cell types. The company aims to create effective and safe medicines that address the root causes of genetic disorders, setting itself apart with its focus on RNA's therapeutic potential and precise delivery methods.
Simplify's Take
What believers are saying
- ShapeTX's AI-driven platform advances personalized medicine through precise RNA editing.
- Collaborations with firms like Otsuka enhance ShapeTX's gene therapy development capabilities.
- Recent board appointments bring expertise in scaling life sciences companies to ShapeTX.
What critics are saying
- Increasing competition in RNA therapies threatens ShapeTX's market position.
- Biotech talent shortage may hinder ShapeTX's growth and innovation.
- Volatility in biotech funding could impact ShapeTX's future financing opportunities.
What makes Shape Therapeutics unique
- ShapeTX uses AI to design novel RNAs for disease prevention and treatment.
- Their RNAfix technology corrects RNA without altering DNA, offering unique therapeutic solutions.
- ShapeTX's smart-sensing vector designs enable precise gene expression tailored to target cells.
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Funding
Total Funding
$143.5M
Above
Industry Average
Funded Over
2 Rounds
New Enterprise AssociatesIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Holidays
Parental Leave
Unlimited Paid Time Off
Disability Insurance
401(k) Retirement Plan
Life Insurance
Health Savings Account/Flexible Spending Account
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 5%2 year growth
↑ 6%Shape Therapeutics, a leader in RNA-based gene therapy, today released two preprint manuscripts detailing major technological breakthroughs that underpin the company's therapeutic editing platform RNAfix(R).
SEATTLE, June 25, 2024 (GLOBE NEWSWIRE) -- Shape Therapeutics, Inc. (ShapeTX), a leader at the convergence of AI and RNA editing to revolutionize genomic medicine, announces the appointments of David Epstein, former CEO of Seagen, and Todd Simpson, former CFO of Seagen, to its board of directors. “We are at a pivotal moment where our investment in breakthrough technologies is now yielding industry-leading results. As we prepare to advance our RNA editing therapies to the clinic, we are thrilled to welcome David and Todd to our board," said Francois Vigneault, Ph.D., chief executive officer of ShapeTX. "Their expertise in scaling life sciences companies, from drug development to clinical success and commercialization, will be invaluable.” David Epstein is a highly respected leader in the pharmaceutical and biotech sectors, renowned for steering Seagen towards a pivotal $44.5 billion acquisition by Pfizer. With over 30 years of global experience in drug development, commercialization, and leadership, David has previously served as an executive partner at Flagship Pioneering and as CEO of Novartis Pharmaceuticals, including its Oncology and Molecular Diagnostic units, transforming it into the second-largest oncology division globally
SEATTLE, May 02, 2024 (GLOBE NEWSWIRE) -- Shape Therapeutics Inc. (ShapeTX), a leader at the convergence of AI and RNA editing to revolutionize genomic medicine, is pleased to announce the appointment of Matt Valentino as Chief People Officer.Before joining ShapeTX, Matt was at the helm of diverse People teams for notable biotech and technology companies including Calico Labs, Genentech, Pandora, Validant, and DoorDash.“Matt brings extensive experience in leading teams at scientific R&D companies focused on drug development, manufacturing, robotics, and AI/ML applications. As an early team member at Calico Labs, he played a crucial role in scaling the company from 70 to over 300 employees, including the expansion of their Drug Discovery, Computational and Clinical Development teams. While at DoorDash, Matt facilitated growth from 2,000 to over 17,000 global employees. His expertise will be instrumental in guiding ShapeTX through its next growth phase as we continue to innovate at the intersection of technology and biotechnology," said Francois Vigneault, Ph.D., Co-Founder and CEO of ShapeTX. "We are confident in Matt's leadership and excited about the future developments he will drive at ShapeTX." Matt added, "I’m thrilled to join the talented team at ShapeTX, and I am eager to advance our mission of repairing genetic causes of disease with programmable RNA medicines."About ShapeTXShape Therapeutics operates at the convergence of AI and RNA editing to revolutionize genomic medicine
Otsuka collaborates with ShapeTX to develop novel AAV gene therapies for ocular diseases.
Otsuka collaborates with ShapeTX to develop novel AAV gene therapies for ocular diseases.
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About Shape Therapeutics
Industries
AI & Machine Learning
Biotechnology
Company Size
51-200
Company Stage
Series B
Total Funding
$143.5M
Headquarters
Seattle, Washington
Founded
2018
Shape Therapeutics is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today