Celtic Biotech

Celtic Biotech

Dublin, Ireland· Est.
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Private Company

Total funding raised: $85M

Overview

Celtic Biotech is a private, preclinical-stage biotech leveraging natural peptides from snake venom to develop targeted cancer therapies. The company's core platform centers on crotoxin, a neurotoxin with demonstrated selective cytotoxicity against tumor cells, initially targeting non-small cell lung cancer (NSCLC) and associated pain. As a pre-revenue entity, Celtic Biotech's near-term value drivers are the advancement of its lead program, CB-24, into clinical trials and the validation of its unique venom-derived platform. The company operates from Dublin, Ireland, and is positioned to address high-unmet-need oncology indications with a novel mechanism of action.

OncologyPain

Technology Platform

Platform based on isolating and developing therapeutic peptides from snake venom neurotoxins, specifically crotoxin, for selective induction of apoptosis in cancer cells.

Funding History

2
Total raised:$85M
Series B$65M
Series A$20M

Opportunities

The massive, high-unmet-need market in NSCLC and cancer pain provides a clear target.
Successfully translating its venom-based platform could yield a first-in-class therapy with a novel mechanism, attracting partnership or acquisition interest.
The dual claim of anti-tumor and analgesic effects offers a unique value proposition.

Risk Factors

High scientific risk that a potent neurotoxin can be safely administered to cancer patients.
Significant funding risk as a preclinical, private company.
Intense competition in the oncology space from established and novel modalities.

Competitive Landscape

Competes directly with all NSCLC therapies (chemotherapy, immunotherapy, targeted therapy) and supportive pain care. Its novel venom-derived mechanism is a differentiator but unproven, placing it against well-funded companies with advanced clinical assets. It may face competition from other biotecks exploring animal venom/toxin platforms.