Cytonics Corporation
↗Jupiter, Florida, USA
Cytonics Corporation is a clinical-stage biotechnology company focused on developing first-in-class biologic therapies and diagnostics for musculoskeletal diseases, primarily osteoarthritis (OA). The company's core platform leverages the therapeutic potential of Alpha-2-Macroglobulin (A2M), a naturally occurring blood protein that acts as a broad-spectrum protease inhibitor to prevent cartilage degradation.
Unlike traditional therapies that focus on palliative pain management, Cytonics' lead candidate, CYT-108, is an engineered 'super-variant' of A2M designed to halt or potentially reverse the progression of OA by neutralizing the destructive enzymes (proteases) that drive the disease. The company differentiates itself through a capital-efficient, grassroots funding model, primarily raising capital through equity crowdfunding (Regulation A+) from retail investors rather than traditional venture capital.
CLASSIFICATION
Company Type:Biotech
Therapeutic Areas:
Industry:Biotechnology
Sub-Industry:Musculoskeletal therapeutics and diagnostics
SIZE & FINANCIALS
Employees:1-50
Revenue:<$1M
Founded:2006
Ownership:private
Status:operating
FUNDING
Stage:Pre-IPO / Series C
Total Raised:$25M+
Investors:NIH (SBIR/STTR), HHS, River VC, StartEngine (Retail Investors), Kevin O'Leary (Soft Circle/Advisor)
PIPELINE
Stage:Phase 2
Lead Drug Stage:Phase 2 (CYT-108 preparation)
Modalities:Recombinant Protein, Medical Device, Diagnostics
Active Trials:1
Trial Phases:Phase 1: 1 | Phase 2: 1
FDA Approvals:1
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:CAREstream America (Exclusive global licensee for APIC system), StartEngine (Crowdfunding platform partner)
COMPETITION
Position:Niche Player
Competitors:Regeneron (Fasinumab), Biosplice Therapeutics (Lorecivivint), Kolon TissueGene (Invossa), Merck KGaA (Sprifermin), Medivir (MIV-711)
LEADERSHIP
Key Executives:
Joey Bose - President & CEO
Gaetano Scuderi, MD - Founder & Chairman
Lewis Hanna, PhD - Chief Scientific Officer
Scientific Founders:Dr. Gaetano Scuderi
Board Members:Gordon Ramseier, Tracey Goeken, MD, Phil LoGrasso, PhD
LINKS
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