Stayble Therapeutics

Stayble Therapeutics

STABL.ST
Gothenburg, Sweden· Est.
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Private Company

Total funding raised: $10.5M

Market Cap: $2.2MFounded: 2017Employees: 1-10HQ: Gothenburg, Sweden

Overview

Stayble Therapeutics is a focused, clinical-stage company dedicated to developing STA363, a unique intradiscal injection for chronic pain from lumbar disc herniation (LDH). Its mission is to provide a simple, effective therapeutic option for millions of patients for whom pain medication and physiotherapy have failed, potentially avoiding the need for major surgery. The company's strategy hinges on successfully navigating clinical trials for STA363 to establish it as a leading second-line, minimally invasive treatment. Currently in Phase 1b, Stayble is pre-revenue, with its value and prospects intrinsically tied to the clinical and future commercial success of its singular asset.

Chronic PainMusculoskeletal Disorders

Technology Platform

Proprietary platform for developing a unique, minimally invasive intradiscal injection therapy designed to treat lumbar disc herniation at the source, aiming for localized disease modification or sustained pain relief.

Funding History

2
Total raised:$10.5M
Series A$8M
Seed$2.5M

Opportunities

Targets a multi-billion dollar, underserved market of patients with chronic low back pain from disc herniation who fail conservative care.
A successful minimally invasive therapy could capture significant market share by reducing the need for expensive spinal surgery and offering a superior alternative to temporary steroid injections.

Risk Factors

High clinical development risk as the company's value is tied to a single asset, STA363, currently in early-stage trials.
Faces regulatory uncertainty for a novel intradiscal product and ongoing financial risk as a pre-revenue company dependent on equity markets for funding.

Competitive Landscape

Competes against entrenched standards of care: first-line pain medications/physiotherapy, epidural steroid injections, and ultimately spinal surgery. Few direct pharmaceutical competitors exist for localized intradiscal treatment, but must demonstrate superior efficacy to steroids and a favorable risk-benefit profile compared to surgery.

Company Timeline

2017Founded

Founded in Gothenburg, Sweden

2020Seed

Seed: $2.5M

2021Series A

Series A: $8.0M