Oxion Biologics

Oxion Biologics

Stockholm, Sweden· Est.
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Private Company

Total funding raised: $3M

Overview

Oxion Biologics is a private, pre-revenue biotech advancing OX118, an Fc-optimized monoclonal antibody targeting OX40L, through clinical development for a broad range of autoimmune conditions. With a first-in-human trial scheduled for Q2 2025 and a granted EU Clinical Trial Application, the company is rapidly progressing towards clinical validation. Its approach aims for true disease modification by selectively depleting pro-inflammatory cells and promoting regulatory T-cell function, targeting a multi-billion dollar market with significant unmet needs.

Autoimmune DiseaseImmunology

Technology Platform

Fc-optimized monoclonal antibodies targeting the OX40/OX40L co-stimulatory pathway to selectively deplete pro-inflammatory antigen-presenting cells and promote regulatory T-cell function.

Funding History

2
Total raised:$3M
Grant$500K
Seed$2.5M

Opportunities

OX118 addresses a massive >$30Bn market across 10+ autoimmune and inflammatory diseases with high unmet need for safe, disease-modifying therapies.
Its targeted mechanism offers potential best-in-class efficacy and safety, positioning it for success in multiple large indications.
Rapid clinical progression starting in 2025 could create significant value inflection points and attract partnership interest.

Risk Factors

The company faces high clinical risk as its promising preclinical data for OX118 remains unproven in humans.
It is dependent on raising substantial capital to fund expensive clinical trials through Phase 2.
Competition in immunology is fierce from large pharma and biotech firms with greater resources.

Competitive Landscape

OX118 competes in the crowded autoimmune space against broad immunosuppressants, cytokine inhibitors (anti-TNF, anti-IL), and other co-stimulatory pathway modulators. It aims to differentiate through its precise mechanism of depleting pro-inflammatory APCs while inducing Tregs, claiming superior preclinical efficacy. Success hinges on demonstrating a better efficacy/safety profile than established and emerging therapies.