KARE Biosciences

KARE Biosciences

Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $5M

Overview

KARE Biosciences is a private, pre-revenue biotech focused on drug repurposing and supplement development. Its core asset is ramatroban (KAR101), a repurposed thromboxane A2 receptor antagonist, which is in a Phase 2/3 trial for COVID-19 pneumonia and is being explored preclinically for sickle cell disease, cardiovascular, neurological, and metabolic disorders. The company operates with a lean model, leveraging existing drug safety data to potentially accelerate development in areas with high unmet need, though it faces significant risks related to clinical validation, competition, and funding.

MetabolicCardiovascularInfectious DiseasePulmonaryRenalHematologyNeurology

Technology Platform

Drug repurposing strategy focused on identifying new therapeutic applications for existing drugs, leveraging known safety profiles to accelerate development.

Funding History

1
Total raised:$5M
Seed$5M

Opportunities

The drug repurposing strategy offers a faster, lower-cost path to address large markets with high unmet need, such as fibrotic diseases and sickle cell complications.
Success in the Phase 2/3 COVID-19 trial would provide immediate validation and could open partnership opportunities for broader development.

Risk Factors

The primary risk is clinical failure of ramatroban in its lead COVID-19 indication, which would undermine the core repurposing hypothesis.
The company also faces significant funding constraints as a private, pre-revenue entity and potential challenges in securing robust IP for a repurposed compound.

Competitive Landscape

In COVID-19, KARE faces established antivirals and immunomodulators. In fibrotic diseases and sickle cell, it competes with large pharma and biotech firms developing novel, targeted therapies. Its competitive edge relies entirely on demonstrating efficacy with a potentially safer, faster-to-market, and lower-cost repurposed agent.