TScan Therapeutics

TScan Therapeutics

TCRXPhase 1
Founded 2018tscan.com

TScan Therapeutics is a fully integrated, clinical-stage biotech focused on unleashing the immune system through TCR-T cell therapies. Founded in 2018, the company's lead program, TSC-101, is in a Phase 1 trial for AML and MDS, and it has a pipeline of candidates for solid tumors and autoimmune disorders. TScan differentiates itself with a proprietary platform for target discovery and is advancing both ex vivo and in vivo engineered T cell approaches.

Market Cap
$54.7M
Founded
2018
Focus
Cell & Gene Therapy

TCRX · Stock Price

USD 1.041.97 (-65.45%)

Historical price data

AI Company Overview

TScan Therapeutics is a fully integrated, clinical-stage biotech focused on unleashing the immune system through TCR-T cell therapies. Founded in 2018, the company's lead program, TSC-101, is in a Phase 1 trial for AML and MDS, and it has a pipeline of candidates for solid tumors and autoimmune disorders. TScan differentiates itself with a proprietary platform for target discovery and is advancing both ex vivo and in vivo engineered T cell approaches.

Technology Platform

A proprietary target discovery platform that identifies how T cells recognize cancer and autoimmune targets, enabling the development of T cell receptor-engineered T cell (TCR-T) therapies for both ex vivo and in vivo applications.

Pipeline Snapshot

2

2 drugs in pipeline

DrugIndicationStage
SOC + TSC-100 + SOC + TSC-101AMLPhase 1
TSC-204-A0201 + TSC-204-C0702 + TSC-200-A0201 + TSC-204-A0201 + TSC-204-C0702 + ...Head and Neck CancerPhase 1

Funding History

3

Total raised: $248M

IPO$100MUndisclosedJul 29, 2021
Series B$100MBlackRockJun 15, 2020
Series A$48MNovartis Venture FundJun 15, 2018

Opportunities

TScan has significant growth opportunities in expanding its TCR-T pipeline into solid tumors, a vast and challenging market, and in pioneering in vivo T cell engineering.
Its platform's application to autoimmune disease discovery opens a second major therapeutic frontier with blockbuster potential.

Risk Factors

Key risks include clinical failure of its lead candidate TSC-101, the high cash burn rate typical of clinical-stage biotechs requiring frequent capital raises, and intense competition in the cell therapy space from larger, better-funded rivals.

Competitive Landscape

TScan competes with established TCR-T players like Adaptimmune and Immunocore in solid tumors, and with other cell therapy companies in hematologic malignancies. Its differentiation lies in its proprietary discovery platform, which aims to systematically identify novel, high-quality targets to build a broad and potentially best-in-class pipeline.

Company Info

TypeTherapeutics
Founded2018
LocationUnited States
StagePhase 1
RevenuePre-revenue

Trading

TickerTCRX
ExchangeNASDAQ

Contact

Therapeutic Areas

OncologyAutoimmune Diseases
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