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. They collaborate with larger firms, like Gilead Sciences, to co-develop therapies, which helps them secure funding and speed up the development process. Their 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 support for precision medicine could expedite Tango's regulatory approvals.
  • Advancements in CRISPR enhance development of synthetic lethality-based therapies.
  • Growing interest in synthetic lethality boosts Tango's market potential.

What critics are saying

  • Discontinuation of TNG348 due to liver toxicity may impact investor confidence.
  • Reliance on partnerships poses risks if collaborations are 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 includes counteracting tumor suppressor gene loss and immune evasion.
  • Strategic collaborations with pharma giants like Gilead accelerate drug development.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

2%

2 year growth

10%

Benefits

Hybrid Work Options

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