Tango Therapeutics

Tango Therapeutics

Develops targeted cancer therapies using synthetic lethality

About

Tango Therapeutics develops targeted cancer treatments using the principle of synthetic lethality, which allows them to design drugs that kill cancer cells while leaving healthy cells unharmed. Their approach focuses on the interaction between genes, where the loss of both genes leads to cell death, but the loss of just one does not. This method enables them to create more effective therapies for cancer patients. Tango operates in the oncology market, primarily serving healthcare providers and pharmaceutical companies interested in advanced cancer therapies. They collaborate with larger pharmaceutical firms, like Gilead Sciences, to co-develop their treatments, which helps them secure funding and speed up the development process. Tango's goal is to bring next-generation targeted immunotherapies to market, supported by a strong team and strategic partnerships.

Company Stage

IPO

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$341.4M

Headquarters

Cambridge, Massachusetts

Founded

2017


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Simplify's Take

What believers are saying

  • FDA's fast-tracking aligns with Tango's precision oncology focus, expediting approvals.
  • Growing interest in synthetic lethality boosts collaboration opportunities for Tango.
  • Rise of personalized medicine increases demand for Tango's targeted therapies.

What critics are saying

  • Discontinuation of TNG348 due to liver toxicity may impact investor confidence.
  • Reliance on partnerships like Gilead poses risks if altered or terminated.
  • Intensifying competition in precision oncology could affect Tango's market share.

What makes Tango Therapeutics unique

  • Tango leverages synthetic lethality to target cancer cells while sparing healthy ones.
  • Their focus on tumor suppressor gene loss is a novel approach in oncology.
  • Collaboration with Gilead Sciences accelerates development and commercialization of therapies.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

17%

2 year growth

87%

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