Alcresta is a technology company.
Alcresta has raised $69.0M across 3 funding rounds.
Alcresta has raised $69.0M in total across 3 funding rounds.
Alcresta has raised $69.0M in total across 3 funding rounds.
Alcresta's investors include Bessemer Venture Partners, ARCH Venture Partners, Canaan Partners, Frazier Healthcare Partners, Third Rock Ventures.
Alcresta Therapeutics is a commercial-stage biotechnology company developing and commercializing novel enzyme-based products to improve nutritional care for enterally fed patients with gastrointestinal disorders and rare diseases, such as cystic fibrosis, pancreatic cancer, pancreatitis, short bowel syndrome, and conditions in premature infants.[1][2][3][4][6] Its lead product, RELiZORB, is an FDA-cleared cartridge containing iLipase—a proprietary immobilized lipase enzyme on polymeric microbeads—that connects inline to enteral feeding tubes to break down fats for better absorption, addressing fat malabsorption due to pancreatic insufficiency.[2][4][5][6] Serving hospitals, ICUs, home care, and NICU patients (expanded to children as young as one year old by January 2025), RELiZORB has achieved strong growth, including adoption by over 200 hospitals since its 2019 launch, expansions in 2023-2025 for broader compatibility and pediatric use, and ongoing investigator-initiated trials.[2][4][5]
The company's platform supports a broad pipeline, including next-generation devices like ALC-078 for short bowel syndrome, backed by investors such as Linden Capital Partners, HealthQuest Capital, Athyrium Capital Management, Bessemer Venture Partners, Frazier Healthcare, and Third Rock Ventures.[1][3][4]
Alcresta Therapeutics, based in Waltham, Massachusetts, emerged from expertise in pharmaceutical, medical device, and nutritional development to tackle unmet needs in enzyme replacement for rare GI disorders.[1][3] Key leaders include CEO Daniel Orlando, who oversees growth and clinical expansion; VP of Research and New Product Development Greta Loring, Ph.D., with 20+ years from Enzymatics (acquired by Qiagen), Alnara Pharmaceuticals (acquired by Eli Lilly), and Altus Pharmaceuticals, driving FDA filings and enzyme therapies; and R&D experts like Robert Teo, with a foundation in medical device innovation from acquisitions by eV3, FoxHollow, and Boston Scientific.[3]
The idea stemmed from advancing enzyme immobilization technology to enable point-of-care fat digestion without ingestion, leading to RELiZORB's development as the first FDA-cleared enzymatic product for enteral feeding.[2][6] Pivotal moments include full commercial launch in January 2019, pediatric expansion in August 2023 (ages 2+), next-gen RELiZORB clearance in December 2023 (marketed May 2024 for bolus/continuous feeds and more cartridges), and FDA clearance for ages 1+ in January 2025, alongside preclinical data on ALC-078 showing reduced parenteral nutrition dependence in short bowel models.[2][4][5]
Alcresta rides the wave of precision nutrition and enzyme therapies for rare diseases, where fat malabsorption affects millions with CF, SBS, cancers, and prematurity, amplified by aging populations and rising enteral feeding needs (e.g., 400,000+ U.S. home patients).[1][4][6] Timing aligns with FDA efficiencies for devices (clearances in 2023-2025) and investor interest in biotech addressing chronic care gaps, as traditional pancreatic enzymes fail in tube feeding.[2][5] Market tailwinds include orphan drug incentives, NICU advancements, and SBS focus amid intestinal failure research (e.g., Boston Children's studies).[4][5] Alcresta influences the ecosystem by pioneering point-of-care enzymatics, enabling wean-off parenteral nutrition, fostering trials, and bridging pharma-device innovation—potentially expanding to oral/infant apps.[3][4]
Alcresta's trajectory points to accelerated commercialization and pipeline expansion, with RELiZORB's label growth, ALC-078 advancement (targeting SBS bolus needs), and NICU applications poised to capture larger shares in $multi-billion enteral nutrition markets.[4][5] Trends like personalized rare disease therapies, AI-optimized formulations, and value-based care will propel it, especially as data from ongoing trials builds evidence for broader indications. Its influence may evolve from niche disruptor to platform leader, partnering with big pharma for global scale—reinforcing its mission to transform nutritional outcomes in ways that reliably deliver caloric benefits where biology falls short.[1][3]
Alcresta has raised $69.0M across 3 funding rounds. Most recently, it raised $49.0M Series C in June 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2016 | $49.0M Series C | Bessemer Venture Partners | |
| Jul 1, 2013 | $10.0M Series B | ARCH Venture Partners, Bessemer Venture Partners, Canaan Partners, Frazier Healthcare Partners, Third Rock Ventures | |
| Apr 1, 2012 | $10.0M Series A | ARCH Venture Partners, Bessemer Venture Partners, Canaan Partners, Frazier Healthcare Partners, Third Rock Ventures |