Proteostasis Therapeutics
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Proteostasis Therapeutics

http://www.proteostasis.com/
Last activity: 24.08.2020
Categories: MedTechLearnIndustryDrugChemicalCauseBioTech
Yumanity Therapeutics is transforming drug discovery for neurodegenerative diseases caused by protein misfolding. Despite the fact that an estimated 50 million people worldwide suffer from diseases affecting the brain and central nervous system, there are no approved disease-modifying therapies or cures. Yumanity is working to identify and develop new, disease-modifying therapies that address several illnesses with critical unmet medical needs, including Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis (ALS). The company’s approach concentrates on correcting the cellular pathologies driven by misfolded proteins, the altered biology or phenotypes driving these diseases. Yumanity Therapeutics was founded in December 2014 by Susan Lindquist, Ph.D., award-winning protein folding expert, and Tony Coles, M.D., a renowned biotech industry leader. The company’s proprietary platforms have already identified one potential new target for treating Parkinson’s disease, and Yumanity is actively advancing its new chemical lead series for this condition, as well as identifying additional compounds for Alzheimer’s disease and ALS. Targeting the underlying protein pathology of neurodegenerative diseases allows the company to discover therapies that may modify the root cause of these rather than only addressing their symptoms. If you are interested in a career at Yumanity Therapeutics, please contact us at careers@yumanity.com.
Mentions
6
Location: United States, Massachusetts, Boston
Employees: 51-200
Total raised: $10M
Founded date: 2006

Investors 4

Funding Rounds 1

DateSeriesAmountInvestors
15.08.2014-$10M-

Mentions in press and media 6

DateTitleDescriptionSource
24.08.2020PROTEOSTASIS THERAPEUTICS, INC. Proteostasis Therapeutics :...BOSTON, Aug. 24, 2020 /PRNewswire/ -- Yumanity Therapeutics and Proteostasis Therapeutics, Inc. (Nas...marketscre...
17.12.2019Ver­sus Ver­tex, Pro­teosta­sis' triplet CF da­ta fall short...It’s too lit­tle, too late for lit­tle Pro­teosta­sis Ther­a­peu­tics. The Boston drug de­vel­op­er...endpts.com...
29.06.2016The biotech IPO feast flags as in­vestors lose their ap­peti...There was a time af­ter the 2008 crash that biotech IPOs were about as pop­u­lar as snow in March. B...endpts.com...
08.09.2015Proteostasis Therapeutics, Inc. Raises $37 Million in Crosso...-fprimecapi...
15.08.2014The well-capitalized Proteostasis Therapeutics raising $10M ...This is a relatively small raise for the well-capitalized company – it has a good deal of investment...medcitynew...
-The well-capitalized Proteostasis Therapeutics raising $10M ...The concept of using protein homeostasis – or proteostasis – as a platform for drug development is a...medcitynew...

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