Located in Massachusetts, Odyssey Therapeutics aims to create next-generation precision medicine for patients with cancer and inflammatory diseases. The Odyssey team can quickly identify relevant targets and optimize therapeutic assets for clinical development using their in-house intellectual capital.
Odyssey Therapeutics, launched early in 2021 by serial biotech entrepreneur Gary Glick, has brought in a big Series A round and is differentiating itself with what Glick calls “intellectual capital.” The company is working on a broad array of ailments, developing protein therapeutics and small molecules to modulate the immune system, with the goal of tackling inflammatory disorders, autoimmune diseases and oncology. It’s got a star-studded team of senior leaders and scientists, many of them pulled from big pharma.
Odyssey Therapeutics Inc. launched with a whopping $218 million series A round, the year’s second-largest, to fuel work by almost 100 employees recruited in the past few months, mostly from big pharma firms.
At the start of 2021, serial biotech entrepreneur Gary Glick revealed a mega-round of financing for his new precision oncology startup. Now he’s back at it again, bringing along some familiar investors who have joined forces to raise even more money—$218 million—for yet another startup he founded, Odyssey Therapeutics. That biotech is setting out with programs already in development in cancer and immunology.
Nine months young and five months since hiring its first employee, Odyssey Therapeutics has secured $218 million to bankroll seven programs across cancer and inflammation. Its first study in humans will be in late 2023 or early 2024.