PharmaCyte Biotech
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Overview
PharmaCyte Biotech is a clinical-stage company developing localized cellular therapies for oncology and metabolic diseases via its Cell-in-a-Box® encapsulation technology, designed to protect implanted, engineered cells. Its most advanced program targeted locally advanced pancreatic cancer (LAPC) by activating chemotherapy at the tumor site. Since October 2022, the company has been in a strategic review, with all program spending curtailed, placing its future direction and pipeline advancement on hold pending the outcome of this evaluation.
Technology Platform
Cell-in-a-Box® live-cell encapsulation technology uses a porous, cellulose-based capsule to protect implanted, genetically engineered human cells from immune attack, enabling localized drug activation (for cancer) or insulin production (for diabetes).
Funding History
2Opportunities
Risk Factors
Competitive Landscape
PharmaCyte faces intense competition from large pharma in oncology and more advanced cell encapsulation players like Vertex (ViaCyte) in diabetes. Its dormant programs and lack of resources place it at a severe disadvantage in fast-moving therapeutic fields.
Company Timeline
Founded in Laguna Hills, United States
Series A: $10.0M
Debt: $5.0M