Umoja Biopharma

Umoja Biopharma

Develops in vivo CAR T-cell therapies

About

Umoja Biopharma focuses on immunotherapy by reprogramming T cells in the body to target and destroy cancer cells. Unlike traditional methods that modify cells outside the body, Umoja's approach modifies the immune system in vivo, aiming for long-lasting remissions. The company primarily targets patients with solid tumors and hematological cancers that have not responded to other treatments. Its business model is based on developing and commercializing a proprietary CAR T-cell gene therapy platform that is scalable and can treat cancers at various stages. By producing off-the-shelf therapies in-house, Umoja can distribute its treatments more efficiently than those requiring individual customization. The goal is to enhance cancer treatment through effective use of the immune system.

Company Stage

Series B

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$255.8M

Headquarters

Seattle, Washington

Founded

2019


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Simplify's Take

What believers are saying

  • Strategic collaboration with AbbVie provides $1.44 billion support for CAR-T development.
  • Seattle's biotech growth offers a robust ecosystem for talent and resources.
  • Experienced leaders like Scott Myers enhance strategic growth and financial management.

What critics are saying

  • Dependency on AbbVie may influence Umoja's CAR-T therapy development.
  • Seattle's biotech growth may intensify competition for skilled professionals.
  • In vivo CAR-T therapies may face regulatory hurdles and longer approval timelines.

What makes Umoja Biopharma unique

  • Umoja Biopharma reprograms T cells in vivo, unlike traditional ex vivo methods.
  • Their CAR T-cell platform is scalable, treating cancers at every stage.
  • Off-the-shelf therapies allow efficient production and distribution, reducing customization needs.

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Growth & Insights
Headcount

6 month growth

-4%

1 year growth

3%

2 year growth

37%

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