Company Directory > Biotech > Initial Therapeutics
Initial Therapeutics is a biotechnology company pioneering a novel approach to drug discovery called Selective Termination of Protein Synthesis (STOPS). The company's platform is designed to identify small molecules that bind to the ribosome and selectively stall the translation of specific, disease-causing proteins. This method allows for the targeting of 'undruggable' proteins, such as transcription factors, by intercepting them during their linear sequence formation before they fold into their final pathogenic structures. Founded by Apple Tree Partners (ATP) and leading academic researchers, the company integrates breakthroughs in ribosome biochemistry, DNA-encoded libraries, and chemical genetics. While currently navigating a strategic Chapter 11 reorganization due to a funding dispute at the parent level, the company continues to advance its discovery-stage pipeline, primarily focused on high-value oncology targets like MYC.
CLASSIFICATION
Company Type:Biotech
Therapeutic Areas:
Industry:Biotechnology
Sub-Industry:Small molecule therapeutics / Translation regulation
SIZE & FINANCIALS
Employees:1-50
Revenue:$0M (Pre-revenue)
Founded:2020
Ownership:private
Status:operating
FUNDING
Stage:Series A
Total Raised:$75M
Investors:Apple Tree Partners (ATP)
PIPELINE
Stage:Discovery
Lead Drug Stage:Preclinical / Discovery
Modalities:Small molecule, Selective Translation Inhibition
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Parent Company:Apple Tree Partners (ATP)
Key Partnerships:UC Berkeley (Jamie Cate Lab), UCSF (Kevan Shokat Lab), UC Irvine (Brian Paegel Lab)
COMPETITION
Position:Emerging
Competitors:Ribometrix, Anima Biotech, Arrakis Therapeutics, Accent Therapeutics, Skyhawk Therapeutics
LEADERSHIP
Key Executives:
Peter DiLaura - CEO
Spiros Liras - Founding CEO & Board Member
Scientific Founders:Jamie H.D. Cate (UC Berkeley), Kevan Shokat (UCSF), Brian Paegel (UC Irvine)
Board Members:Spiros Liras, Jamie Topper, Seth Harrison
LINKS
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