Spero Therapeutics
SPROSPRO · Stock Price
Historical price data
Overview
Spero Therapeutics is a Boston-based biotech focused on rare diseases and antibiotic-resistant infections, leveraging a capital-efficient, partnership-driven model. Its defining achievement is the positive Phase 3 readout for tebipenem HBr, an oral carbapenem for complicated urinary tract infections, which could become the first oral drug in its class and offers a paradigm shift from IV to oral treatment. The company's strategy involves in-licensing and developing assets with clear differentiation, targeting areas with scarce therapeutic options. With a lean team and a history of strategic collaborations, Spero is poised to advance its lead candidate toward regulatory submission while exploring its pipeline.
Technology Platform
Spero employs a strategic, partnership-driven development model focused on identifying and advancing novel therapeutic candidates with clear differentiation (e.g., oral bioavailability for IV-only drug classes) for high-unmet-need niches in rare diseases and multidrug-resistant infections.
Pipeline
22| Drug | Indication | Stage | Watch |
|---|---|---|---|
| TBP-PI-HBr + Imipenem-cilastatin + Dummy Infusion + Dummy Ta... | Urinary Tract Infection | Phase 3 | |
| TBPM-PI-HBr + Ertapenem + Dummy Infusion + Dummy tablets | Complicated Urinary Tract Infection | Phase 3 | |
| SPR720 + Placebo + Open-label Standard of Care | Mycobacterium Avium Complex | Phase 2 | |
| Placebo + SPR720 500 mg + SPR720 1000 mg | Nontuberculous Mycobacterial Pulmonary Disease (NTM-PD) | Phase 2 | |
| SPR994 + Placebo Oral Tablet + Orapenem® | Healthy Volunteers | Phase 1 |
Funding History
4Opportunities
Risk Factors
Competitive Landscape
Tebipenem HBr's primary competition is the current standard of IV antibiotics and hospitalization; its key differentiator is its oral formulation enabling site-of-care shift. In the broader landscape, it competes with other IV agents for resistant Gram-negative infections but will face limited direct oral competition. In NTM, SPR720 would compete against complex, toxic multidrug regimens and newer inhaled therapies.
Company Timeline
Founded in Boston, United States
IPO — $75.0M
Series B: $70.0M
Series C: $80.0M