Coho Biologics

Coho Biologics

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Private Company

Total funding raised: $18M

Overview

Coho Biologics operates as a specialized Contract Research Organization (CRO) providing analytical testing services, not as a drug developer. It serves biotech and pharma companies developing biologics, with a focus on RNA, proteins, and vaccines, offering services under FDA, cGMP, and GLP guidelines. The company leverages a team of seasoned scientists and advisors with deep industry experience to deliver rapid, accurate results for client programs in oncology and immunology. Its business model is service-based, generating revenue through testing contracts, positioning it in the growing outsourced pharma services market.

OncologyImmunology

Technology Platform

Integrated analytical testing services utilizing advanced immunoassays, particle sizing, and cell-based assays for the characterization of proteins, RNA, and nanoparticle formulations.

Funding History

2
Total raised:$18M
Series A$15M
Seed$3M

Opportunities

The rapid growth of RNA-based therapeutics and vaccines creates sustained, high-demand for specialized analytical testing services.
The trend toward virtual biotech companies outsourcing core R&D functions provides a expanding client base for niche, expert CROs like Coho.

Risk Factors

Revenue is highly dependent on the R&D spending of biotech clients, making it vulnerable to sector funding downturns.
Intense competition from large, full-service CROs and other specialty labs pressures pricing and client acquisition.

Competitive Landscape

Coho competes in the fragmented bioanalytical testing market against large global CROs (e.g., LabCorp, Charles River, PPD) and numerous small-to-mid-sized specialty labs. Its differentiation hinges on deep expertise in RNA/proteins, rapid turnaround, and a personalized service model for biotech clients.