🦊/Companies

Designtx

NASDAQ: DSGNUnicorn · $1.1B

Solana Beach, US · Founded 2017 · 6 known investors

Find your way into Designtx

Design Therapeutics is a biopharmaceutical company developing small molecule therapeutic candidates for serious genetic diseases through its GeneTAC (Gene Targeted Chimera) platform. Its pipeline focuses on monogenic repeat expansion disorders such as Friedreich ataxia, Fuchs endothelial corneal dystrophy, myotonic dystrophy, and Huntington's disease.

Founders & leadership

Designtx was founded in 2017 by Pratik Shah, Ph.D. and Aseem Z. Ansari, Ph.D..

PSPratik Shah, Ph.D.
Pratik Shah, Ph.D.Co-founder
AZ
Aseem Z. Ansari, Ph.D.Co-founder
SJSean Jeffries, Ph.D.
Sean Jeffries, Ph.D.Executive

Board

SG
Simeon George, M.D.Board director
SX
Stella Xu, Ph.D.Board director
RL
Rodney Lappe, Ph.D.Board director

Investors · 6

Reported raises · per SEC filings

Form D private placements

$170.5M disclosed across 2 rounds · 2020–2021

$125MraisedFeb 2021 · 26 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Pratik Shah, Ph.D.Executive Officer, Director
  • Joao Siffert, M.D.Executive Officer, Director
  • Rodney Lappe, Ph.D.Director
  • Simeon George, M.D.Director
  • Stella Xu, Ph.D.Director
  • Sean Jeffries, Ph.D.Executive Officer
  • John SchmidDirector
  • Arsani William, M.D.Director
Offering amount
$125M
Amount sold
$125M
First sale
Jan 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$45.5MraisedJun 2020 · 6 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Pratik Shah, Ph.D.Executive Officer, Director
  • Sean Jeffries, Ph.D.Executive Officer
  • Rodney Lappe, Ph.D.Director
  • Simeon George, M.D.Director
  • Aseem Z. Ansari, Ph.D.Director
  • Stella Xu, Ph.D.Director
Offering amount
$45.5M
Amount sold
$45.5M
First sale
Feb 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Valuation · disclosed

Disclosed events
$1.1Bvaluation at IPOMar 2021 · $20.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

In the news

Frequently asked questions

What does Designtx do?
Design Therapeutics is a biopharmaceutical company developing small molecule therapeutic candidates for serious genetic diseases through its GeneTAC (Gene Targeted Chimera) platform. Its pipeline focuses on monogenic repeat expansion disorders such as Friedreich ataxia, Fuchs endothelial corneal dystrophy, myotonic dystrophy, and Huntington's disease.
Who founded Designtx?
Designtx was founded by Pratik Shah, Ph.D., Aseem Z. Ansari, Ph.D. in 2017.
Who are Designtx's investors?
Designtx's investors include Avoro Capital Advisors, Quan Capital, RA Capital, SR One Capital Management, WestRiver Group, Quan Venture.
How much funding has Designtx raised?
Designtx has disclosed $170.5M raised across 2 rounds.
Where is Designtx headquartered?
Designtx is headquartered in Solana Beach, US.