What is Rectify Pharmaceuticals?
Rectify Pharmaceuticals, a biotechnology firm headquartered in Cambridge, MA, is dedicated to pioneering Positive Functional Modulators (PFMs). These disease-modifying precision therapeutics are engineered to restore ABC transporter function, offering a new therapeutic avenue for patients afflicted with serious genetic diseases. The company's focus on genetic disorders positions it within a critical and rapidly advancing segment of the pharmaceutical industry.
How much funding has Rectify Pharmaceuticals raised?
Rectify Pharmaceuticals has raised a total of $100M across 1 funding round:
Series A
$100M
Series A (2021): $100M with participation from Omega Fund Management, Forbion, and Atlas Venture
Key Investors in Rectify Pharmaceuticals
Omega Fund Management
Omega Fund Management is an investment firm with a strong focus on drug discovery and development companies within the life science and healthcare sectors. Their expertise spans private equity investing and strategic consulting.
Forbion
Forbion is a leading European venture capital firm specializing in bridging research and development in the life sciences, leveraging deep expertise in drug development and company building. They are committed to responsible investment principles.
Atlas Venture
Atlas Venture is a venture capital firm focused on creating and building early-stage biotechnology companies. They partner with entrepreneurs to translate cutting-edge science into life-changing medicines.
What's next for Rectify Pharmaceuticals?
The substantial enterprise-level funding, particularly the recent strategic investment, suggests Rectify Pharmaceuticals is poised for significant scaling and advancement of its PFM pipeline. This capital infusion will likely accelerate clinical development, expand research initiatives, and potentially facilitate strategic partnerships. The company's trajectory indicates a move towards later-stage development, aiming to bring its innovative treatments to patients in need.
See full Rectify Pharmaceuticals company page
