TARIS Biomedical is a technology company.
TARIS Biomedical has raised $56.0M across 6 funding rounds.
TARIS Biomedical has raised $56.0M in total across 6 funding rounds.
TARIS Biomedical is a biotechnology company specializing in minimally invasive drug-device products for local treatment of bladder diseases, addressing unmet needs in urological conditions like bladder cancer and overactive bladder.[1][2] It develops sustained-release intravesical systems, such as LiRIS (lidocaine for interstitial cystitis) and TAR-200 (GemRIS for muscle-invasive bladder cancer), serving urologists and patients frustrated by frequent dosing requirements of traditional therapies.[1] The company solves the problem of rapid bladder emptying that limits local drug delivery by enabling continuous, targeted therapeutics, with early momentum including Allergan's 2014 acquisition of LiRIS and FDA Fast Track designation for TAR-200 in 2018; it was fully acquired by Johnson & Johnson in December 2019 to advance bladder cancer treatments.[1][4]
TARIS Biomedical was founded in 2008 by biotechnology entrepreneurs Robert Langer and Michael Cima from MIT, responding to urologists' need for better local bladder treatments beyond repeated instillations.[1] The core idea emerged from MIT labs, creating a simple system for continuous drug delivery in the bladder to tackle hard-to-treat conditions.[1] Early traction came with LiRIS for interstitial cystitis/bladder pain syndrome, acquired by Allergan in August 2014; the company then expanded to bladder cancer and overactive bladder, previously operating as Certus Biomedical.[1][3] Leadership included experts like its Chief Medical Officer with experience at Coley Pharmaceuticals and Millennium, and Chief Scientific Officer Dennis Geisling from Urigen and Aventis.[2]
TARIS rides the trend of localized, sustained-release drug delivery in oncology and urology, where systemic therapies often fail due to side effects and poor targeting in hard-to-reach organs like the bladder.[1][2] Timing aligned with rising bladder cancer incidence and demand for alternatives to invasive surgeries or chemotherapy for unfit patients, amplified by FDA incentives like Fast Track.[1] Market forces favoring minimally invasive biotech—such as device-drug hybrids—propelled its appeal to big pharma, evidenced by Allergan and Johnson & Johnson acquisitions, influencing the ecosystem by validating intravesical platforms and accelerating urological innovation.[1][4]
Post-2019 acquisition, TARIS's platform integrates into Johnson & Johnson's oncology pipeline, likely advancing TAR-200 and combinations like with Opdivo toward approvals for MIBC.[1][4] Trends in precision bladder therapies and immunotherapy synergies will shape progress, potentially expanding to other local-delivery applications. Its influence evolves from startup innovator to big-pharma asset, transforming bladder cancer care and underscoring biotech's role in targeted urology solutions—echoing its founding mission for convenient, effective local treatments.[1]
TARIS Biomedical has raised $56.0M in total across 6 funding rounds.
TARIS Biomedical's investors include Cure Ventures, Flare Capital Partners, Pfizer Venture Investments, Third Rock Ventures.
TARIS Biomedical has raised $56.0M across 6 funding rounds. Most recently, it raised $14.0M Venture Round in March 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2013 | $14.0M Venture Round | Cure Ventures, Flare Capital Partners, Pfizer Venture Investments, Third Rock Ventures | |
| Nov 1, 2012 | $3.0M Venture Round | Flare Capital Partners | |
| Apr 1, 2011 | $18.0M Series B | Cure Ventures, Flare Capital Partners, Pfizer Venture Investments, Third Rock Ventures | |
| Jul 1, 2010 | $1.0M Venture Round | Flare Capital Partners | |
| Dec 1, 2009 | $5.0M Series A | Flare Capital Partners | |
| Jun 1, 2009 | $15.0M Series A | Flare Capital Partners |