Lassen Therapeutics
Private Company
Total funding raised: $127M
Overview
Lassen Therapeutics is a clinical-stage biotechnology company developing antibody therapies targeting the IL-11 pathway for fibrotic diseases. Its lead asset, LASN01, is an anti-IL-11 receptor antibody currently in Phase 1 trials for Thyroid Eye Disease (TED), with plans to advance to Phase 2. The company is well-capitalized following an oversubscribed $85 million Series B financing in December 2023, which will also fund IND-enabling studies for a second program, LASN500. Lassen's strategy is centered on creating best-in-class biotherapeutics for conditions with high unmet medical need.
Technology Platform
Industry-leading antibody technologies focused on targeting the interleukin-11 (IL-11) signaling pathway, a central mediator of fibrosis.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
In Thyroid Eye Disease, Lassen competes directly with Horizon Therapeutics' blockbuster Tepezza and other emerging therapies. In Idiopathic Pulmonary Fibrosis, it would compete against established anti-fibrotics from Boehringer Ingelheim and Roche. Several other biotechs are also exploring anti-fibrotic approaches via different targets.