Rectify Pharmaceuticals

Rectify Pharmaceuticals

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Private Company

Total funding raised: $110M

Overview

Rectify Pharmaceuticals is a private, preclinical-stage biotech leveraging its proprietary PFM platform to rectify membrane protein dysfunction, an historically challenging drug target. The company's pipeline is led by a dual-targeted ABCB4/BSEP program for PSC, currently in IND-enabling studies, with parallel programs targeting ABCC6 for vascular calcification and ABCD1/ABCD2 for adrenoleukodystrophy. Backed by venture capital investors like Atlas Venture, Forbion, and Longwood Fund, Rectify aims to deliver first- and best-in-class oral therapies for diseases with high unmet need across hepatobiliary, cardio-renal-metabolic, and neurological therapeutic areas.

HepatobiliaryCardio-Renal-MetabolicNeurological

Technology Platform

Proprietary Positive Functional Modulator (PFM) platform for discovering oral small molecules that restore or enhance the function of dysfunctional membrane proteins, with demonstrated success against ABC transporters and applicability to SLCs, GPCRs, and ion channels.

Funding History

2
Total raised:$110M
Series A$100M
Seed$10M

Opportunities

The lead program in PSC addresses a severe orphan disease with no approved therapies, offering potential for breakthrough designation and premium pricing.
The platform's applicability to multiple membrane protein classes and disease areas provides a long-term pipeline engine for first-in-class therapies in large markets like CKD and rare neurological disorders.

Risk Factors

High scientific risk as the novel PFM mechanism is unproven in humans, with potential for clinical failure.
The company is heavily dependent on the success of its lead PSC program and faces significant financing risk as a pre-revenue, private entity needing to fund costly clinical development.

Competitive Landscape

In PSC, competition includes other novel mechanisms (FXR agonists, FGF19 analogs) and anti-fibrotics, though no therapy is approved. In broader cholestasis, several approved drugs exist for PBC. The PFM approach is differentiated by its direct target engagement to restore function, but it competes with established drug classes and emerging modalities like gene therapy, particularly in rare diseases like ALD.