Tenpoint Therapeutics

Founded 2020
Employees 10+
Primary contact
30 Broad Street
CB23 6HJ Cambourne
United Kingdom
Diseases & Conditions
Sections
Tenpoint Therapeutics is a biotechnology company advancing engineered cell-based therapies and in vivo reprogramming to restore vision for people with degenerative ocular diseases. It brings together the global experts who are shaping the regenerative ocular medicine revolution and the technologies that are driving it. Tenpoint aims to address the ultimate cause of vision loss by replacing diseased cells with healthy ones to permanently restore vision. In addition to its headquarters in the UK, the company has an operations hub in Switzerland.
Founded 2020
Employees 10+
Primary contact
30 Broad Street
CB23 6HJ Cambourne
United Kingdom
Diseases & Conditions
Sections

Funding πŸ’°

Total $70M
Last round πŸ”— $70M
Series A
July 12, 2023.
Select investors F-Prime Capital, Sofinnova Partners, British Patient Capital, Qiming Venture Partners USA, UCL Technology Fund, Eight Roads Ventures

Key people πŸ§‘β€πŸ€β€πŸ§‘

Highlights ⭐

  • Solving the problem: Vision loss is a growing cause of disability, with the global prevalence of age-related macular degeneration expected to reach 288 million individuals globally by 2040. In virtually every ocular disease, vision deteriorates due to the damage or loss of cells in the eye. Since, in many cases, the cells of the eye, such as photoreceptors, retinal pigment epithelium, and retinal ganglion cells, are unable to regrow on their own, replacement through engineered cell-based therapeutics is the only treatment modality with the potential to dramatically improve vision. This is particularly true in later-stage disease, where a significant proportion of tissue/cells are already lost, leaving no anatomy to benefit from conventional treatments, including gene therapies. πŸ”—
  • Years in the making: Tenpoint was established based on the pioneering work of its scientific founders from Moorfields Eye Hospital, University College London Institute of Ophthalmology, Institut de la Vision in Paris, and the University of Washington, who have developed engineered cell-based therapeutics and performed translational research to establish proof-of-concept. Based on these foundational achievements, Tenpoint is advancing approaches to generate specialized ocular cell types both ex vivo and in vivo.
  • Experienced team: Tenpoint is led by renowned experts in both regenerative medicine and ophthalmology. As CEO, Eddy Anglade, MD brings decades of experience in clinical development in ophthalmic diseases with significant unmet needs. Vanessa King, PhD, Tenpoint's founding CEO, led this financing of the company and will continue to support the organization as a strategic advisor. Tenpoint previously named ophthalmology innovator David Guyer, MD, to chair its board. Dr. Guyer currently serves as CEO of EyeBio and previously served as Executive Chairman of IVERIC bio, a company he co-founded under the name Ophthotech. As co-founder, CEO and director of Eyetech Pharmaceuticals, he oversaw the development and commercialization of Macugen (pegaptanib sodium), the first anti-VEGF pharmacological treatment approved by the FDA for the treatment of wet AMD.

Quotes πŸ’¬

Tenpoint's mission is a global one. We are delighted to have provided international company creation support to launch such a visionary company.
Alex Pasteur, PhD, Partner at F-Prime Capital πŸ”—
As one of the company's seed investors, we are pleased to have played a founding role in developing Tenpoint from its inception. Tenpoint stands out in the realm of regenerative medicine, with an innovative approach that could ultimately provide a transformative cure to many causes of blindness for millions of patients around the world.
Graziano Seghezzi, PhD, Managing Partner at Sofinnova Partners πŸ”—
Last update: July 26, 2023