Extend Biosciences

Extend Biosciences

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Private Company

Total funding raised: $21M

Overview

Extend Biosciences is a private, clinical-stage biotech leveraging its proprietary Half-life Extension Platform (HLEP) to create improved peptide and protein therapeutics. The company's core innovation involves conjugating drug candidates to a vitamin D derivative, which binds to serum vitamin D binding protein (DBP), creating a circulating reservoir that extends half-life from hours to days or weeks. Its most advanced candidate, EB-612, is a once-weekly PTH analog for hypoparathyroidism that has completed a Phase 2a study. The platform has potential applications across multiple metabolic and endocrine disorders with high unmet need.

Metabolic DisordersEndocrine Disorders

Technology Platform

Proprietary Half-life Extension Platform (HLEP) that conjugates therapeutic peptides/proteins to a vitamin D analog, enabling binding to endogenous vitamin D binding protein (DBP) for sustained release and extended half-life.

Funding History

2
Total raised:$21M
Series A$15M
Seed$6M

Opportunities

The platform can create once-weekly versions of daily injectable peptides, offering superior convenience and compliance in large chronic disease markets like diabetes and obesity.
The lead program in hypoparathyroidism addresses a clear unmet need for a long-acting PTH replacement therapy in a niche but valuable orphan disease setting.

Risk Factors

Clinical development risks are high, as EB-612 must prove safety and efficacy in larger trials.
The company faces significant competition from other half-life extension technologies and direct therapeutic competitors in target indications.
As a private, pre-revenue company, it is dependent on raising additional capital to advance its pipeline.

Competitive Landscape

Extend competes in the half-life extension technology space against established methods (Fc fusion, PEGylation) and other novel platforms. In hypoparathyroidism, it faces competition from Ascendis Pharma's approved once-daily TransCon PTH. In broader peptide markets, it would compete against large pharma companies with extensive GLP-1 and other metabolic disease portfolios.