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 already in clinical trials for ALS, showcasing their ability to quickly transition from research to clinical application. Verge Genomics aims to provide effective treatments for patients and generate revenue through the successful 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 Alexion and AstraZeneca enhance resources for rare disease drug discovery.
  • Integration of digital biosensors improves data collection and patient monitoring in clinical trials.
  • Collaboration with Stem Pharm accelerates validation of novel drug targets for Parkinson's.

What critics are saying

  • Competition from AI-driven companies like Synthace may impact Verge's market position.
  • Reliance on digital devices in trials may raise data privacy and technical concerns.
  • Collaboration with Stem Pharm may face challenges if 3D models don't replicate human conditions.

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.
  • Verge's use of human tissue creates a large proprietary multi-omics database for disease mapping.

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Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-11%

2 year growth

15%

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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