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Silarus Therapeutics is a technology company.
Silarus Therapeutics develops novel therapeutic treatments for iron deficiency and iron overload disorders. The company's technical approach centers on modulating erythroferrone, a recently discovered hormone critical for regulating the iron supply necessary for red blood cell production. By targeting this mechanism, Silarus aims to address underlying imbalances in iron metabolism within the body.
The company's foundation stems from intellectual property developed by scientific founders Tomas Ganz and Elizabeta Nemeth, both professors at the University of California, Los Angeles, David Geffen School of Medicine. Silarus Therapeutics launched as a strategic collaboration between Avalon Ventures and GlaxoSmithKline. Jay Lichter serves as Chief Executive Officer, leveraging his leadership experience from COI Pharmaceuticals and Avalon Ventures, while Marc Nasoff is the Chief Scientific Officer.
Silarus Therapeutics addresses a broad patient population suffering from conditions like anemia, where conventional iron supplementation proves insufficient, as well as individuals with iron overload that can lead to organ damage. The company envisions providing effective, accessible solutions for these widespread iron-related conditions, offering a clear clinical pathway for diagnosis and treatment.
Silarus Therapeutics has raised $10.0M across 1 funding round.
Silarus Therapeutics has raised $10.0M in total across 1 funding round.
Silarus Therapeutics has raised $10.0M in total across 1 funding round.
Silarus Therapeutics's investors include Avalon Ventures.
Silarus Therapeutics is a biotech company developing therapeutics targeting erythroferrone, a hormone that regulates iron supply for red blood cell production, to treat iron deficiency (anemia) and iron overload disorders.[1][2][3] Launched in 2014 through a collaboration between Avalon Ventures and GlaxoSmithKline (GSK), it received up to $10 million in Series A financing and R&D support, operating from COI Pharmaceuticals in San Diego, which provides facilities and leadership.[1][2][3] The company serves patients with prevalent conditions like anemia—affecting a large healthy population—and iron overload, which can lead to organ damage, addressing unmet needs in iron regulation without current targeted therapies.[2][3]
Silarus emerged from intellectual property developed at the UCLA Center for Iron Disorders on erythroferrone, a recently discovered hormone.[1] Founded in 2014 as part of Avalon Ventures' collaboration with GSK, announced in April 2013 and aimed at funding up to 10 early-stage life science companies with $495 million total, Silarus was one of the initial launches alongside Thyritope Biosciences and Sitari Pharmaceuticals.[1][2][5] Jay Lichter, Ph.D., managing director of Avalon Ventures and president/CEO of COI Pharmaceuticals (overseeing Silarus), drove the effort, leveraging his experience in biotech investments and inventions across 260+ patents.[2][3] Early traction included rapid Series A funding within 18 months of the partnership, highlighting the model's speed in advancing preclinical assets.[2]
Silarus rode the wave of targeted hormone therapies in biotech, capitalizing on discoveries like erythroferrone from academic centers such as UCLA to tackle widespread iron disorders amid rising anemia prevalence globally.[1][2][3] Timing aligned with the 2013 Avalon-GSK alliance, a new model blending venture speed with pharma resources to de-risk early drug discovery during a biotech funding boom.[2] Market forces favoring it included unmet needs in anemia (lacking optimal therapies) and iron overload, plus the efficiency of shared facilities at COI Pharmaceuticals, which influenced the ecosystem by proving scalable "company-in-a-company" incubation for life sciences.[2][3] However, as an archived entity post-collaboration (with GSK's partnership yielding limited outcomes like one acquisition), it exemplified both innovation and challenges in early-stage biotech attrition.[5][6]
With its status archived and no active developments reported since around 2015, Silarus likely did not advance to later clinical stages, reflecting high failure rates in preclinical biotech amid evolving iron disorder pipelines.[5][6] Future trends like precision medicine for anemia (e.g., via hepcidin modulators) may overshadow its erythroferrone approach, but its IP could resurface through acquisition or licensing. Influence may evolve via Avalon/GSK alumni driving similar ventures, underscoring the value of rapid incubation models in sustaining biotech momentum from discovery to potential therapies.[2][6] This ties back to Silarus as a nimble launch in iron therapeutics, highlighting collaboration's role in bridging academia to clinic.
Silarus Therapeutics has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series A in September 2014.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2014 | $10.0M Series A | Avalon Ventures |