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Strand Therapeutics
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STX-001 is a novel programmable self-replicating mRNA encapsulated in lipid nanoparticles (LNPs), being evaluated for THE treatment of advanced solid tumors.


Lead Product(s): STX-001,Pembrolizumab

Therapeutic Area: Oncology Product Name: STX-001

Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable May 30, 2024

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The funding will be used to advance Strand’s first drug candidate, a programmable mRNA therapy for solid tumor immuno-oncology into Phase 1 clinical trials next year.


Lead Product(s): mRNA-based Therapy

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: PreclinicalProduct Type: Large molecule

Partner/Sponsor/Collaborator: FPV

Deal Size: $97.0 million Upfront Cash: Undisclosed

Deal Type: Series A Financing November 28, 2022

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Strand will use the funds from the contract to develop an in situ, off-the-shelf cell therapy based on the company’s proprietary self-replication, programmable mRNA platform to illicit a targeted CD19 CAR-T response.


Lead Product(s): mRNA-based CAR-T Immunotherapy

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: UndisclosedProduct Type: Cell and Gene therapy

Partner/Sponsor/Collaborator: National Institutes of Health

Deal Size: $0.4 million Upfront Cash: Undisclosed

Deal Type: Funding November 09, 2021

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Strand Therapeutics awarded two Phase I Small Business Innovation Research (SBIR) grants from the National Cancer Institute (NCI) of the National Institutes of Health (NIH) to develop mRNA-based therapeutics for melanoma and triple negative breast cancer (TNBC).


Lead Product(s): mRNA-based Therapeutics

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: PreclinicalProduct Type: Large molecule

Partner/Sponsor/Collaborator: National Institutes of Health

Deal Size: $0.8 million Upfront Cash: Undisclosed

Deal Type: Funding August 04, 2021

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Financing oversubscribed; proceeds from the round will be used to expand Strand’s growing mRNA platforms into multiple immuno-oncology and disease settings, and advance lead drug into Phase 1 clinical trials.


Lead Product(s): mRNA-based Therapeutics

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: PreclinicalProduct Type: Large molecule

Partner/Sponsor/Collaborator: Redmile Group

Deal Size: $52.0 million Upfront Cash: Undisclosed

Deal Type: Series A Financing June 23, 2021

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BeiGene gets option to license to develop and commercialize in Asia, Australia, and New Zealand up to two immuno-oncology programs using Strand’s intratumoral or systemic delivery mechanism, to deliver a tumor microenvironment-modifying mRNA directly to the tumor site.


Lead Product(s): mRNA-based therapeutics

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: UndisclosedProduct Type: Large molecule

Partner/Sponsor/Collaborator: BeiGene

Deal Size: $320.0 million Upfront Cash: Undisclosed

Deal Type: Collaboration January 11, 2021

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