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Private Company

Total funding raised: $22.5M

Overview

Tivic Health is a biotechnology company transitioning into a strategic biopharma player with a late-stage, host-protection immunotherapy platform. Its core technology, the TLR5 agonist Entolimod, is being developed as a military countermeasure for Acute Radiation Syndrome and has potential applications in oncology supportive care (e.g., Neutropenia) and chronic diseases. The company vertically integrates its R&D with a wholly-owned CDMO subsidiary, Velocity Bioworks, providing manufacturing control and a secondary revenue stream while de-risking its pipeline development.

Acute Radiation SyndromeOncology Supportive CareImmunology

Technology Platform

TLR5 agonist platform for host-protection and cytoprotection, activating innate immunity to prevent cell death and promote tissue regeneration in bone marrow and epithelial tissues.

Funding History

3
Total raised:$22.5M
IPO$12M
Series A$8M
Seed$2.5M

Opportunities

The lead ARS program presents a near-term opportunity for a non-dilutive government procurement contract via the U.S.
strategic stockpile.
The platform's expansion into oncology supportive care, particularly for Neutropenia, addresses a multi-billion dollar commercial market with significant unmet need for improved therapies.

Risk Factors

Key risks include regulatory uncertainty under the FDA's Animal Rule for the lead program, high capital requirements for clinical development, and intense competition in the commercial Neutropenia market from established G-CSF therapies.
The company's dual focus on drug development and CDMO services also presents execution challenges.

Competitive Landscape

In ARS, Tivic competes with other biodefense companies developing radiation countermeasures (e.g., Neumora, others in BARDA portfolio). In Neutropenia, the competitive landscape is dominated by branded and biosimilar granulocyte colony-stimulating factors (G-CSFs) like Neulasta, requiring Entolimod to demonstrate a differentiated clinical profile.