Tango Biosciences
Private Company
Total funding raised: $45M
Overview
Tango Biosciences is a private, revenue-generating CRO leveraging its proprietary phage display platform to deliver custom antibodies, peptides, and assay solutions. Its core business model is providing fee-for-service R&D, primarily serving clients in drug discovery and diagnostics. The company is led by experienced phage display experts and has secured non-dilutive funding, including an NIH SBIR grant, to expand its platform into novel areas like molecular glues.
Technology Platform
Proprietary phage display platform for discovering peptides, antibodies, and binding molecules. Includes high-diversity libraries, an integrated validation suite (MILKSHAKE/Sundae assays), and the developing Avidimer platform for molecular glue discovery.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
Tango competes with other specialty CROs offering phage/display services (e.g., Dyax, Creative Biolabs), large full-service CROs with discovery divisions, and in-house capabilities at large pharma. Its differentiation is based on claimed speed, reliability, and expertise with challenging targets, as well as its novel Avidimer platform under development.