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§ Private Profile · 150 Cambridgepark Drive, 9th Floor, Cambridge, MA 02139
Clinical-stage biotech developing advanced cell therapies for vision loss, focused on corneal endothelial disease.
Aurion Biotechnologies is a clinical-stage biotechnology company developing regenerative cell therapies to treat vision loss, based in Seattle, Washington, with additional operations in Boston and Tokyo. The organization focuses on curing corneal endothelial disease through a proprietary therapeutic approach designed to eliminate the need for traditional donor corneal transplants. In March 2023, the enterprise secured its first global regulatory approval in Japan for Vyznova, and subsequently completed patient enrollment for Phase 1/2 clinical trials across the United States and Canada in 2024. To support its clinical pipeline, the firm has raised $120 million in venture capital financing from a syndicate of investors that includes Deerfield Management, Petrichor Healthcare Capital Management, Flying L Partners, and Alcon. Aurion Biotechnologies was founded in 2020 as a spin-out from CorneaGen and is currently led by Chief Executive Officer Greg Kunst.
Aurion Biotechnologies has raised $120.0M across 1 funding round.
Aurion Biotechnologies has raised $120.0M in total across 1 funding round.
Aurion Biotech is a clinical-stage biotechnology company developing regenerative cell therapies to restore vision in patients with corneal endothelial diseases, such as corneal edema and bullous keratopathy, which cause vision loss due to endothelial cell dysfunction.[1][2][3][5] Its lead product, AURN001 (marketed as Vyznova in Japan), is an allogeneic human corneal endothelial cell therapy administered in a single dose; Vyznova launched commercially in Japan in September 2024 after regulatory approval, while AURN001 has FDA Breakthrough Therapy and Regenerative Medicine Advanced Therapy designations and completed Phase 1/2 enrollment in the US and Canada, with 12-month data expected in H2 2025.[1][2][5] Aurion serves ophthalmologists and patients facing a global shortage of donor corneas by expanding cells from one donor to up to 1,000 doses, addressing a critical unmet need in ocular transplant therapies with strong growth momentum via recent Alcon majority acquisition and Phase 3 plans for H2 2025.[1][5][6]
Aurion Biotech emerged from technology licensed from Professor Shigeru Kinoshita and colleagues at Kyoto Prefecture University of Medicine, with its first drug candidate acquired to pioneer cell therapies for corneal diseases.[6] Founded around 2016 (per some records) or formalized in 2022 post-acquisition and spin-out, the company is headquartered in Seattle with operations in Boston and Tokyo; co-founder Arnaud Lacoste, PhD, MBA, previously at Novartis for 12 years leading cell/gene therapy platforms including iPSC and ophthalmology programs, became CEO and Chief Scientific Officer in conjunction with Alcon's majority stake acquisition.[1][5][6] Early traction included regulatory approval for first-generation HCEC-1 (Vyznova) in Japan by March 2023, commercial launch in September 2024, and global clinical data from five trials in 154 procedures, humanizing Aurion's mission through experienced leaders like former Novartis executives tackling vision loss via scalable regenerative tech.[1][2][5][6]
Aurion rides the wave of regenerative medicine in ophthalmology, targeting corneal endothelial diseases affecting millions amid chronic global donor shortages, where traditional transplants fail to meet demand.[1][5] Timing is ideal post-Japan approval and with FDA fast-tracks accelerating US Phase 3 in H2 2025, fueled by market forces like rising ocular disease prevalence, cell therapy maturation (e.g., ROCK inhibitors enabling cell expansion), and big pharma investments—exemplified by Alcon's acquisition leveraging its ophthalmic dominance.[2][5] Aurion influences the ecosystem by validating allogeneic cell therapies as scalable alternatives to transplants, potentially expanding to other vision-loss indications and inspiring biotech platforms in accessible advanced therapies.[3][6]
Aurion Biotech is poised to disrupt corneal disease treatment with AURN001's Phase 3 initiation in H2 2025, 12-month Phase 1/2 data imminent, and Alcon's resources fast-tracking global commercialization beyond Japan's Vyznova launch.[1][5] Trends like manufacturing scale-up, RMAT-enabled approvals, and ophthalmology M&A will shape its path, potentially evolving Aurion into a multi-product regenerative leader restoring vision to millions despite tissue shortages—cementing its role as a biotech innovator from lab breakthrough to bedside impact.[2][5][6]
Aurion Biotechnologies has raised $120.0M across 1 funding round. Most recently, it raised $120.0M Series U in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2022 | $120M Series U | Deerfield Management | Alcon, Falcon Vision, Flying L Partners, Patrick Lally, Visionary Ventures | Announced |
Aurion Biotechnologies has raised $120.0M in total across 1 funding round.
Aurion Biotechnologies's investors include Deerfield Management, Alcon, Falcon Vision, Flying L Partners, Patrick Lally, Visionary Ventures.