Company Directory > Biotech > Clasp Therapeutics

Clasp Therapeutics

Rockville, Maryland, USA
VISIT WEBSITE
Clasp Therapeutics is a biotechnology company pioneering a new class of precision immuno-oncology treatments through next-generation T-cell engagers (TCEs). The company’s proprietary pHLAre™ platform (precise HLA redirecting engagers) is designed to target tumor-specific oncogenic driver mutations—such as those in p53 and KRAS—that are presented by human leukocyte antigen (HLA) molecules on the surface of cancer cells. By focusing on these intracellular mutations, Clasp aims to overcome the toxicity and efficacy limitations of traditional TCEs that often target antigens also found on healthy tissue. Formed in 2020 and emerging from stealth in early 2024, the company leverages over a decade of research from prominent Johns Hopkins University scientists. Its therapeutic approach involves bispecific antibody-like molecules that simultaneously bind to a specific mutant peptide-HLA complex on the tumor and the CD3 receptor on T cells. This dual-binding mechanism triggers a potent immune response specifically against the tumor, sparing healthy cells and potentially offering a wider therapeutic window for patients with hard-to-treat solid tumors.
CLASSIFICATION
Company Type:Biotech
Therapeutic Areas:
Industry:Biotechnology
Sub-Industry:Oncology biotech
SIZE & FINANCIALS
Employees:51-200
Revenue:Pre-revenue
Founded:2020
Ownership:private
Status:operating
FUNDING
Stage:Series A
Total Raised:$150M
Investors:Catalio Capital Management, Third Rock Ventures, Novo Holdings, Vivo Capital, Cure Ventures, Blackbird BioVentures, Pictet Alternative Advisors, American Cancer Society's Bright Edge, Alexandria Venture Investments
PIPELINE
Stage:Phase 1
Lead Drug Stage:Phase 1
Modalities:Bispecific T-cell engager (TCE), Antibody-like molecules
Active Trials:1
Trial Phases:Phase 1: 1
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:Johns Hopkins Technology Ventures (commercialization partner)
COMPETITION
Position:Emerging
Competitors:Janux Therapeutics, Candid Therapeutics, Adaptin Bio, Lava Therapeutics, Amgen, Regeneron, Immatics, Adaptimmune
LEADERSHIP
Key Executives:
Robert Ross, MD - CEO
Vipin Suri, PhD - Chief Scientific Officer
Lauren Harshman, MD - SVP, Clinical Development
Shannon Devens, MS - Chief Development Officer
Julie DeSander, MBA, MS - Chief Business Officer
Scientific Founders:Bert Vogelstein, MD (Johns Hopkins), Drew Pardoll, MD, PhD (Johns Hopkins), Kenneth Kinzler, PhD (Johns Hopkins), Shibin Zhou, MD, PhD (Johns Hopkins), Nick Papadopoulos, PhD (Johns Hopkins), Kellie Smith, PhD (Johns Hopkins)
Board Members:Dieter Weinand (Chairman), Andrea van Elsas, PhD, Natalie Sacks, MD, R. Jacob Vogelstein, PhD, Ray Camahort, PhD, Jack Nielsen
LINKS
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