Verge Genomics

Verge Genomics

Develops drugs using human genomics and AI

About

Verge Genomics develops drugs for severe diseases like ALS, Parkinson's Disease, and Frontotemporal Dementia using human genomics and machine learning. Instead of traditional animal models, they create a large database of human tissue to better understand disease causes. Their AI platform, CONVERGE®, helps analyze this data to identify potential drug candidates. Their first drug, VRG50635, is in clinical trials for ALS and was developed in just four years. Verge Genomics aims to provide effective treatments for patients and generate revenue through the commercialization of their drug candidates.

Company Stage

Series B

Employees

51-200

Industries

AI & Machine Learning, Biotechnology

Total Funding

$130.5M

Headquarters

South San Francisco, California

Founded

2015


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Simplify's Take

What believers are saying

  • Partnerships with Eli Lilly and AstraZeneca enhance drug discovery and development efforts.
  • Digital biosensors in trials improve data accuracy and patient monitoring remotely.
  • Collaboration with Stem Pharm accelerates validation of novel drug targets for Parkinson's.

What critics are saying

  • Increased competition from AI-driven bioinformatics companies like Synthace.
  • Reliance on partnerships may pose risks if collaborations don't yield successful outcomes.
  • Regulatory scrutiny on digital devices in trials could delay progress.

What makes Verge Genomics unique

  • Verge Genomics uses AI and human genomics for drug discovery, unlike traditional methods.
  • Their CONVERGE® platform accelerates drug development from research to clinic in four years.
  • They focus on neurodegenerative diseases, using a proprietary multi-omics database for insights.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

4%

2 year growth

4%

Benefits

Excellent medical, dental, and vision coverage

401(k) plan with employer matching for contributions

Disability insurance, Life insurance, Dependant Care FSA and Healthcare FSA

Unlimited paid time off

Paid parental leave

Access to free onsite fitness center

Free snacks and lunch for employees who work onsite

WFH stipend for employees who work remotely

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