Visterra is a clinical-stage biotechnology company that leverages its proprietary Hierotope® platform to design and engineer precision antibody-based therapies for patients with kidney diseases, autoimmune disorders, and infectious diseases. The company's platform uses advanced computational and experimental tools to identify unique disease targets (Hierotopes) that are not adequately addressed by traditional antibody approaches, enabling the development of highly specific monoclonal antibodies, bispecifics, and antibody-drug conjugates (ADCs). Founded on research from the Massachusetts Institute of Technology (MIT), Visterra was acquired by Otsuka Pharmaceutical in 2018 for $430 million. Since the acquisition, it has operated as a wholly owned subsidiary, serving as a key engine for Otsuka's global nephrology and immunology pipeline. The company is currently advancing several high-potential assets, most notably sibeprenlimab, which has received FDA Breakthrough Therapy Designation for the treatment of IgA nephropathy.
CLASSIFICATION
Company Type:Biotech
Industry:Biotechnology
Sub-Industry:Nephrology and Immunology Biotech
SIZE & FINANCIALS
Employees:51-200
Revenue:$50M-$100M
Founded:2007
Ownership:subsidiary
Status:operating
FUNDING
Stage:Acquired
Total Raised:$116M
Investors:Polaris Partners, Flagship Pioneering, Bill & Melinda Gates Foundation, MRL Ventures Fund (Merck), Vertex Ventures HC, Temasek Holdings, Omega Funds, Lux Capital
STOCK
Exchange:TSE (Parent: 4578)
Ticker:OTCPY (Parent ADR)
Market Cap:$28.5B (Parent)
PIPELINE
Stage:Phase 3
Lead Drug Stage:Phase 3 (BLA submission planned H1 2025)
Modalities:mAb, Bispecific antibody, ADC, Protein engineering
Active Trials:4
Trial Phases:Phase 1: 2 | Phase 2: 1 | Phase 3: 1
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Parent Company:Otsuka Pharmaceutical Co., Ltd.
Acquired By:Otsuka Pharmaceutical Co., Ltd. (2018-08-01)
Subsidiaries:Visterra Singapore International Pte. Ltd.
Key Partnerships:Nona Biosciences (Antibody discovery collaboration, 2025), Scailyte AG (Biomarker discovery for IgA nephropathy), BARDA (Funding and development for VIS410), Serum Institute of India (Development of VIS513 for Dengue)
COMPETITION
Position:Leader
Competitors:Calliditas Therapeutics, Travere Therapeutics, Novartis (Chinook Therapeutics), Vertex Pharmaceuticals, Alpine Immune Sciences
LEADERSHIP
Key Executives:
Zachary Shriver, PhD - President and CEO
Chris Kiefer, JD - Chief Operating Officer
Greg Babcock, PhD - Chief Scientific Officer
Scientific Founders:Ram Sasisekharan, PhD (MIT Professor)
Board Members:Robert McQuade (Otsuka), Toshiki Sudo (Otsuka), Fiona Leung, Harren Jhoti
LINKS
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