Fundraising Fox

CytoDel

New York, US · Delaware corporation · 2 known investors

Find your way into CytoDel

Biopharmaceutical company using molecular biology to produce recombinant derivatives of botulinum neurotoxin for customized applications.

Also known as Cytodel · CytoDel, LLC

Founders & leadership

CW
Charles WeissNamed on SEC filing
AG
Andre GudgerNamed on SEC filing
PA
Philip A. BandNamed on SEC filing

Board

MF
Margery FischbeinBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$4.1M disclosed across 2 rounds · 2017–2018

$3.9MraisedJan 2018 · 11 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Charles WeissDirector
  • Andre GudgerDirector
  • Philip A. BandExecutive Officer, Director
  • Margery FischbeinDirector
Offering amount
$6.1M
Amount sold
$3.9M
Minimum investment
$50K
First sale
Jan 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$150KraisedApr 2017 · 2 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Philip A. BandExecutive Officer, Director
Offering amount
$400K
Amount sold
$150K
Minimum investment
$50K
First sale
Mar 2017
Incorporated
Limited Liability Company, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

CytoDel is a biopharmaceutical company developing recombinant derivatives of botulinum neurotoxin (BoT) as molecular delivery vehicles for neurons. The platform, licensed exclusively from NYU where it was developed by the company's founders, uses recombinant protein engineering to produce atoxic recombinant botulinum toxin (rBoT) derivatives that retain the intraneuronal trafficking properties of native BoT while offering a safety profile that can be tailored to specific indications.

The lead program fully inactivates the protease responsible for the toxicity of wild-type BoT, allowing the rBoT scaffold to carry therapeutic protein payloads into the cytoplasm of neurons. This "Trojan Horse" approach is intended to reach intraneuronal targets that have been difficult or impossible to address with conventional drugs, with application to diseases of both the peripheral and central nervous systems. CytoDel has also described work on improving pharmaceutical BoT products for musculoskeletal and aesthetic medicine.

Founding story

CytoDel was founded to commercialize botulinum neurotoxin engineering technology developed by its founders at the NYU Grossman School of Medicine, and holds an exclusive license from NYU to the resulting patented platform.

Business model

CytoDel operates as a research and development-stage biopharmaceutical company built on an exclusive license from NYU covering a patented recombinant botulinum toxin platform, advancing internal programs toward therapeutic and aesthetic-medicine applications. Early operations were funded through an initial financing round and non-dilutive government grant support.

Full profile — market position, technology, go-to-market, geography, history

Market position

The company positions its recombinant platform relative to established fermentation-derived botulinum toxin pharmaceuticals such as Botox (AbbVie/Allergan).

All currently FDA-approved botulinum toxin pharmaceutical products are produced by fermentation of native Clostridium botulinum serotype A1 and share the same active ingredient, differing only in excipients, production and analytical methods, and approved indications. CytoDel instead engineers recombinant, atoxic BoT derivatives whose toxicity-driving protease is inactivated, preserving neuronal uptake and trafficking while enabling intracellular delivery of therapeutic protein payloads with an indication-specific safety profile.

Technology

Recombinant protein engineering produces rBoT derivatives that retain native botulinum toxin's ability to enter and traffic within neurons but have the toxicity-causing protease inactivated, turning the toxin into a delivery vehicle for therapeutic protein payloads into the neuronal cytoplasm.

Go-to-market

Patients with neuromuscular and other peripheral and central nervous system conditions of high unmet medical need, plus musculoskeletal and aesthetic medicine applications.

Geography

Operations have been based in New York, with R&D conducted at the Harlem Biospace incubator and origins tied to NYU.

History

The company was formed as CytoDel, LLC to commercialize technology developed by its founders at NYU. It participated in the NYU Venture Fellows program and established R&D operations at Harlem Biospace, a biotechnology incubator. By late 2014 it had completed an initial round of financing and had been awarded a Phase I SBIR grant of approximately $225,000 to study a recombinant botulinum neurotoxin for neuromuscular disease and as a potentially safer alternative to existing aesthetic-medicine products.

Compiled by commissioned research from 3 cited public sources — announcements, filings, and press listed under research sources below.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2023$295.4K
National Institutes of Health (NIH)National Institutes of HealthPhase I2022$414.9K
National Institutes of Health (NIH)National Institutes of HealthPhase ISTTR2014$223.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Timeline · 3

launches, deals, and filings
Jan 2014
Awarded NIH Phase I SBIR grant of approximately $225,000

CytoDel received a Phase I SBIR grant of roughly $225,000 to study a recombinant botulinum neurotoxin for the treatment of neuromuscular disease and as a potentially safer alternative to products used in aesthetic medicine. The company also reported completing its initial round of financing around the same period.

$225K source ↗

Jan 2014
R&D operations started at Harlem Biospace; participation in NYU Venture Fellows program

CytoDel began research and development operations at Harlem Biospace, a biotechnology incubator, and participated in the NYU Venture Fellows program.

source ↗

Jan 2014
Exclusive license from NYU to rBoT platform

The company holds an exclusive license from NYU (NYU Grossman School of Medicine) to the patented and proprietary platform for recombinant botulinum toxin derivatives developed by its founders.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 3

primary sources listed

3 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does CytoDel do?
Biopharmaceutical company engineering atoxic recombinant botulinum toxin derivatives to deliver therapeutic proteins into neurons.
Who are CytoDel's investors?
CytoDel's investors include Kairos Venture Investments, Llc, NYU Innovation Venture Fund.
How much funding has CytoDel raised?
CytoDel has disclosed $4.1M raised across 2 rounds.
Where is CytoDel headquartered?
CytoDel is headquartered in New York, US.