Q Therapeutics

Q Therapeutics

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Private Company

Total funding raised: $35.3M

Overview

Q Therapeutics is a private, clinical-stage biotech based in Salt Lake City, pioneering a novel glial cell replacement therapy for neurodegenerative and demyelinating diseases. The company's platform utilizes purified human glial progenitor cells (Q-Cells®) as an off-the-shelf, non-genetically manipulated therapeutic to address the underlying causes of CNS disorders. With an FDA-allowed IND for a Phase 1/2a trial in Transverse Myelitis and a broad potential pipeline including ALS and multiple sclerosis, Q Therapeutics is positioned to target significant unmet medical needs in neurology. The company is led by CEO Steve Borst and leverages a strong intellectual property portfolio of over 20 issued patents.

NeurologyNeurodegenerative DiseasesDemyelinating Diseases

Technology Platform

Human glial progenitor cell platform for allogeneic, off-the-shelf cell therapy. Cells are purified from brain tissue, non-genetically manipulated, and differentiate into astrocytes and oligodendrocytes to support and repair neurons in the CNS.

Funding History

3
Total raised:$35.3M
Series B$25M
Series A$10M
Grant$300K

Opportunities

The platform's potential applicability across a wide range of major CNS disorders (e.g., ALS, MS, Parkinson's, Alzheimer's) represents a massive long-term market opportunity.
Success in the initial Transverse Myelitis trial could provide proof-of-concept for demyelinating diseases and facilitate rapid expansion into larger indications.

Risk Factors

The company faces high clinical development risk as its novel cell therapy enters human trials for the first time.
As a pre-revenue, private company, it is dependent on raising significant capital to fund expensive clinical programs, with no guarantee of success.

Competitive Landscape

Q Therapeutics competes in the crowded and challenging field of neurology, facing large pharma and biotech firms developing small molecules, antibodies, and other cell/gene therapies. Its unique focus on glial cell replacement differentiates it, but it must prove clinical superiority or a unique mechanism in areas with growing competition, like ALS and MS.