AltaThera Pharmaceuticals

AltaThera Pharmaceuticals

Pre-clinical
Chicago, United StatesFounded 2018altathera.com

AltaThera Pharmaceuticals is a private, precision medicine company dedicated to solving serious and costly problems in cardiovascular care through innovative science. Its core strategy utilizes model-informed drug development (MIDD) to identify new uses and optimal dosing for existing drugs, starting with its commercialized product, Sotalol IV, for atrial fibrillation. The company's mission centers on improving efficiency, effectiveness, and patient outcomes by converting inpatient procedures to outpatient, thereby reducing healthcare costs. With a team based across the country and a culture built on humility, adaptability, and intellectual curiosity, AltaThera is positioned to expand its pipeline beyond its initial cardiovascular focus.

Founded
2018
Focus
Small Molecules

AI Company Overview

AltaThera Pharmaceuticals is a private, precision medicine company dedicated to solving serious and costly problems in cardiovascular care through innovative science. Its core strategy utilizes model-informed drug development (MIDD) to identify new uses and optimal dosing for existing drugs, starting with its commercialized product, Sotalol IV, for atrial fibrillation. The company's mission centers on improving efficiency, effectiveness, and patient outcomes by converting inpatient procedures to outpatient, thereby reducing healthcare costs. With a team based across the country and a culture built on humility, adaptability, and intellectual curiosity, AltaThera is positioned to expand its pipeline beyond its initial cardiovascular focus.

Technology Platform

A Model-Informed Drug Development (MIDD) platform that uses human clinical data to create exposure-based, biological, and statistical models for identifying new uses and optimal dosing regimens for existing drugs.

Funding History

2

Total raised: $35M

Series B$25MUndisclosedMar 15, 2023
Series A$10MUndisclosedJun 15, 2021

Opportunities

The massive and growing atrial fibrillation patient population presents a direct market for Sotalol IV.
The MIDD platform offers opportunities to expand into pediatric drug development and other therapeutic areas by efficiently repurposing existing drugs, potentially through high-value partnerships with larger pharmaceutical companies.

Risk Factors

Key risks include commercial adoption challenges for Sotalol IV against entrenched inpatient protocols, dependence on the MIDD platform for future pipeline growth, competition, and the financial constraints typical of a private, commercial-stage biotech.

Competitive Landscape

AltaThera's Sotalol IV primarily competes with the standard multi-day inpatient oral sotalol loading protocol. Its main differentiation is reducing hospital length of stay. As a MIDD company, it competes with other modeling-focused firms but integrates the platform directly into its own product development, creating a unique end-to-end capability.

Company Info

TypeTherapeutics
Founded2018
LocationChicago, United States
StagePre-clinical
RevenueEarly Revenue

Therapeutic Areas

CardiovascularArrhythmiaAtrial Fibrillation
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