Nascent Biotech

Nascent Biotech

NBIO
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Private Company

Total funding raised: $15M

Market Cap: $34KFounded: 2009Employees: 1-10HQ: San Diego, United States

Overview

Nascent Biotech is a public, clinical-stage biotechnology company focused on developing human antibody and cytokine-based therapies for cancer. Its core strategy is to mimic the body's natural, multi-targeted immune response by combining selected biomolecules into therapeutic 'cocktails,' a departure from standard single-agent monoclonal antibody approaches. The company's lead candidate, Pritumumab, has completed Phase I safety studies and is preparing for pivotal Phase II trials in orphan-designated cancers, representing a critical inflection point. However, the company faces significant financial and operational challenges, including a delisting from the OTCBB as it seeks capital to fund its next development phase.

OncologyNeurology

Technology Platform

A drug discovery platform that leverages the natural human immune response to identify novel antibodies and antigens, with a strategy to mimic the body's oligoclonal response by combining selected antibodies and cytokines into multi-targeted therapeutic 'cocktails.'

Funding History

2
Total raised:$15M
Series A$12M
Seed$3M

Opportunities

Pritumumab addresses multi-billion dollar orphan markets (glioblastoma, pancreatic cancer) with high unmet need and offers potential regulatory advantages.
A successful Phase II efficacy readout could make the company an attractive acquisition target for larger pharma.
The underlying platform holds promise for expanding into other cancer types and disease areas.

Risk Factors

Existential financial risk due to lack of capital and delisting from the OTCBB.
High clinical risk as lead asset's efficacy is unproven beyond Phase I safety.
Significant dilution risk for current shareholders from any potential financing required for survival and trial progression.

Competitive Landscape

Operates in the crowded and competitive oncology antibody space, but differentiates through a novel, naturally derived antigen target and a 'cocktail' therapeutic strategy. Faces competition from standard-of-care, approved biologics, and numerous novel modalities in development for glioblastoma and pancreatic cancer.

Company Timeline

2009Founded

Founded in San Diego, United States

2021Seed

Seed: $3.0M

2023Series A

Series A: $12.0M