Unity Biotechnology

Unity Biotechnology is a publicly traded American biotechnology company that develops drugs that target senescent cells.[1][2][3][4][5][6][7]

Unity Biotechnology
TypePublic
IndustryBiotechnology, Pharmaceutical
PredecessorForge, Inc.
Founded2011 (2011) in California, United States of America
Founders
Headquarters,
Number of employees
70 (2018)
Websiteunitybiotechnology.com

The company's products in development include UBX 1325, which targets Bcl-xL, a mechanism to eliminate senescent cells in age-related eye diseases (in Phase 1 clinical trials for diabetic macular edema as of October 2020). In July 2022, the company reported positive results from its Phase 1 study.[8] They also include UBX 1967, a preclinical product targeting ophthalmologic diseases.[9][10][11] Both products are senolytic medicines.

On May 3, 2018, the company went public on the Nasdaq exchange, raising $85 million at a market capitalization of $700 million.[12][10] Unity Biotechnology shares dropped 60% on August 17, 2020, after the company reported disappointing results from a clinical trial involving its lead drug candidate, UBX0101, in patients with moderate-to-severe painful osteoarthritis.[13]

See also

References

  1. Brueck, Hilary (3 February 2016). "Mayo Clinic Taps Silicon Valley to Help People Age Gracefully". Fortune. Retrieved 19 February 2018.
  2. Detrixhe, John (21 February 2018). "Crypto millionaires are funding research to reverse the aging process". Quartz (publication). Retrieved 19 February 2018.
  3. Herkewitz, William (19 February 2018). "Scientists Can Now Radically Expand the Lifespan of Mice—and Humans May Be Next". Popular Mechanics. Retrieved 19 February 2018.
  4. Ramsey, Lydia (10 November 2016). "A biotech startup that aims to rid our bodies of cells related to aging just got a big investment". Business Insider. Retrieved 19 February 2018.
  5. Scudellari, Megan (25 February 2017). "To Stay Young, Kill Zombie Cells". Scientific American. Retrieved 19 February 2018.
  6. Greenfieldboyce, Nell (3 February 2016). "Boosting Life Span By Clearing Out Cellular Clutter". Retrieved 19 February 2018.
  7. Baker, Darren (11 February 2016). "Naturally occurring p16Ink4a-positive cells shorten healthy lifespan". Nature. 530 (7589): 184–189. doi:10.1038/nature16932. PMC 4845101. PMID 26840489.
  8. Bankhead, Charles (2022-07-14). "'Senolytic' Therapy Shows Promise in Neovascular Eye Disease". www.medpagetoday.com. Retrieved 2022-07-15.
  9. "S-1". www.sec.gov. Retrieved 2018-10-12.
  10. "Longevity Company Unity Biotechnology Stocks Soared After CEO Talks to CNBC | BioSpace". BioSpace. Retrieved 2018-10-12.
  11. "Unity Biotechnology to focus on senolytic programs in ophthalmology, neurology". www.healio.com. Retrieved 2020-12-08.
  12. CNBC (2018-05-02). "UNITY Biotechnology, Inc. Announces Pricing of Initial Public Offering of Common Stock". CNBC. Retrieved 2018-10-12.
  13. "Buzzy anti-aging biotech Unity drops leading program after flop, shares in freefall". 2020-08-17.


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