Lung Therapeutics

Biotechnology, Health Care, Medical, Therapeutics
Founded in 1/1/13
Austin, Texas, United States
For Profit

About Lung Therapeutics

Lung Therapeutics is a pharmaceutical company targeting niche, orphan drug indications for lung injury and disease, with an emphasis on fibrosis. Current efforts are focused on a severe complication of pneumonia, called loculated pleural effusion, a debilitating condition where fluid has built up in the chest cavity surrounding the lungs and fibrinous scar tissue in the pleural cavity blocks fluid drainage. Their first product, LTI-01 (single chain urokinase plasminogen activator, or scuPA), is being studied for safe clearance of fibrinous scar tissue in patients with loculated pleural effusion. By clearing the fibrinous buildup pharmaceutically, the clinical pathway for these patients is significantly improved, enabling simple draining of pleural fluid without surgery. Their longer-term efforts will target improvement of clinical pathways for Acute Lung Injury, Idiopathic Pulmonary Fibrosis and other disease conditions.

Company Metrics

  • Employees: Nov-50
  • Monthly Visits: None
  • Tech Stack: 12 active products

Financial Information

  • Estimated Revenue: $1M to $10M
  • Total Funding: 53913912 USD
  • Last Funding: 36000000 USD (Series C)
  • Funding Status: Late Stage Venture

Technology Stack

Lung Therapeutics actively uses 12 products in their tech stack.

Market Presence

Industries: Biotechnology, Health Care, Medical, Therapeutics

Headquarters: Austin, Texas, United States