Riva Therapeutics

Riva Therapeutics

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Private Company

Total funding raised: $67M

Overview

Riva Therapeutics is an early-stage, private biotech company pioneering 'precision-lethal' small molecule therapies for oncology. Its approach targets essential tumor cell processes identified through genomic dependencies, aiming for high efficacy and tolerability in broad patient populations, potentially addressing up to a third of all cancer patients. The company is in a pre-clinical or early discovery stage, operating with a focus on speed and innovation from its base in San Diego, California.

Oncology

Technology Platform

A platform leveraging deep knowledge of genomic dependencies to discover small molecule 'precision-lethal' therapies that target essential tumor cell processes beyond DNA damage repair, using a synthetic lethal approach.

Funding History

2
Total raised:$67M
Series A$52M
Seed$15M

Opportunities

The opportunity lies in targeting common oncogenic dependencies beyond DNA damage repair, potentially addressing a very large patient population across multiple cancer types with well-tolerated oral therapies.
Success could capture a significant share of the growing precision oncology market.

Risk Factors

Key risks include high scientific risk in validating novel precision-lethal targets, intense competition in the targeted oncology space, and dependence on securing venture capital funding to advance its preclinical platform without any current revenue.

Competitive Landscape

Riva competes in the crowded targeted oncology space against both large pharma and numerous biotechs. Its differentiation hinges on its focus on non-DDR synthetic lethality with small molecules, competing with companies targeting transcription, splicing, and other core cellular processes.