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
Board
Investors · 2
Reported raises · per SEC filings
Form D private placements$4.1M disclosed across 2 rounds · 2017–2018
▶$3.9MraisedJan 2018 · 11 investors · BiotechnologyRule 506(b)
- 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
▶$150KraisedApr 2017 · 2 investors · PharmaceuticalsRule 506(b)
- 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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026CytoDel 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| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2023 | $295.4K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2022 | $414.9K |
| National Institutes of Health (NIH)National Institutes of Health | Phase ISTTR | 2014 | $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 filingsCytoDel 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 ↗
CytoDel began research and development operations at Harlem Biospace, a biotechnology incubator, and participated in the NYU Venture Fellows program.
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.
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
- Startup Showcase: Cytodel - NYU Entrepreneurshipentrepreneur.nyu.edu · web
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.

