hC Bioscience
DefunctCambridge, US · Founded 2021 · Delaware corporation · 8 known investors
Cambridge, MA biotech developing engineered tRNA "protein editing" therapeutics for nonsense-mutation diseases; reported shut down in 2025.
Also known as hC Bio · HC Bioscience · hC Bioscience, Inc.
Founders & leadership
hC Bioscience was founded in 2021 by Leslie J Williams.
Board
Investors · 8
Also in the syndicate · 4
Reported raises · per SEC filings
Form D private placements$20M disclosed across 1 of 3 rounds · 2021–2022
▶$20MraisedNov 2022 · 6 investors · OtherRule 506(b)
- Brad MargusDirector
- Leslie J WilliamsExecutive Officer, Director
- Benjamin ChenDirector
- Seiji MiyaharaDirector
- Sacha MannDirector
- David MoskowitzDirector
- Steven GillisDirector
- Offering amount
- $40M
- Amount sold
- $20M
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026hC Bioscience, Inc. is a Cambridge, Massachusetts biotechnology company founded in 2021 to develop tRNA-based therapeutics aimed at protein dysfunction in genetically defined diseases. Its lead platform used engineered transfer RNAs to address diseases caused by nonsense mutations, also described as premature termination codons (PTCs), where a premature stop signal prevents production of a full-length, functional protein. The company described the approach as "precision protein editing" and stated that a single tRNA therapy could potentially treat many diseases regardless of the affected gene or the location of the mutation, and that genetically defined conditions account for 10-15% of all human disease.
Reported program focus varies across sources. Company materials from 2022 cited lead drug candidates in cancer and genetic disease, with delivery of tRNA both locally and systemically. Secondary profiles list programs or areas of interest including severe hemophilia A (restoration of full-length Factor VIII), Duchenne muscular dystrophy, Dravet syndrome, cystic fibrosis, and oncology indications involving loss of tumor suppressor function. Leadership named in sources includes Leslie Williams as co-founder, president, CEO and director, Steven Gillis as chairman of the board, and, per one aggregator profile, Michael Koeris as co-founder and chairman and John Ripple as co-founder and CSO.
A Fierce Biotech feature published October 31, 2025 reported that the company, referred to there as HC Bioscience, had shut down after early preclinical data on its transfer RNA treatment for hemophilia A, concluding that the challenges of pioneering a new class of medicines were too great.
Founding story
Sources give differing accounts of founding. One aggregator states Leslie Williams founded the company in 2021 based on the idea that tRNA-based protein editing could functionally reverse disease-causing nonsense mutations; the same source describes the company as arising from academic research on tRNAs and engineered anticodons that alter how ribosomes translate specific codons. A company press release refers to Leslie Williams as co-founder, director and CEO, and another profile names Michael Koeris and John Ripple as co-founders.
Business model
Venture-funded therapeutics developer. The company pursued preclinical drug discovery and development on its own engineered-tRNA platform, financed by equity rounds from biotech venture investors and corporate venture arms, with value expected to come from advancing proprietary drug candidates toward clinical trials rather than from near-term product revenue.
No revenue is reported in any source; a financial data profile shows no disclosed revenue, gross profit, or net income figures for 2020-2024.
Traction
Traction reported in sources is preclinical: in vitro and in vivo proof-of-concept for restoring Factor VIII in hemophilia A models, public disclosure of lead programs, preclinical data presented at ASGCT, and preparation for IND-enabling studies. No clinical trials, revenue, or partnerships with disclosed economics are reported. Total disclosed funding was $40 million across two rounds.
Latest developments
The most recent source, a Fierce Biotech special report dated October 31, 2025, lists the company among biotechs that shut down in the preceding twelve months, attributing the decision to disappointing early preclinical data for its transfer RNA treatment for hemophilia A and the difficulty of pioneering a new class of medicines. Prior to that, secondary profiles report in vivo delivery data for Factor VIII restoration in the liver, a 2024 rebrand, and preparation for IND-enabling work.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Positioned by sources as an early mover in therapeutic tRNA engineering, contributing to an emerging "protein editing" category of genetic medicine that sits alongside gene replacement and nuclease-based editing. Its investor syndicate included specialist biotech and corporate venture investors.
Sources describe the platform as distinct from DNA-level approaches: anticodon-engineered tRNAs act on translation in the cytoplasm rather than modifying DNA, and therefore do not create permanent genomic changes, in contrast to CRISPR, base editing, or gene replacement. The approach is presented as gene-agnostic, since one engineered tRNA construct could in principle suppress the same premature stop codon across many different genes and mutations, and as potentially reducing the delivery payload burden associated with viral vector approaches.
Technology
Anticodon-engineered transfer RNAs (ACE tRNAs) designed to read through or overwrite premature termination codons during translation, restoring production of full-length functional protein. The mechanism operates within the cell's translational machinery in the cytoplasm and does not alter DNA, and is described as reversible. The company stated it aimed to deliver tRNA both locally and systemically; one profile cites published in vivo delivery data to liver cells for Factor VIII restoration.
Go-to-market
As a preclinical-stage therapeutics developer, the company had no commercial go-to-market; activity described in sources centers on advancing preclinical proof-of-concept, presenting data at scientific meetings such as ASGCT, communications and outreach to patients, investors and partners following a 2024 rebrand, and preparing IND-enabling studies toward a first-in-human trial.
Patients with genetically defined conditions caused by nonsense mutations or other protein-disrupting mutations, including rare genetic diseases such as severe hemophilia A, Duchenne muscular dystrophy, Dravet syndrome and cystic fibrosis, as well as oncology indications.
Geography
Headquartered in Cambridge, Massachusetts, United States; sources reference the Cambridge/Boston area as the company's sole described location.
History
Founded in 2021 in Cambridge, Massachusetts, the company raised a $24 million Series A announced in February 2022 and a $16 million Series A extension announced on November 4, 2022, bringing total disclosed funding to $40 million. With the extension, Seiji Miyahara of Taiho Ventures and Benjamin Chen of Panacea Venture joined the board, which was chaired by Steven Gillis. Secondary profiles describe subsequent preclinical proof-of-concept work in hemophilia A, presentation of preclinical data at ASGCT, a 2024 rebrand and website launch, and preparation for IND-enabling studies. In October 2025, Fierce Biotech included the company in its annual list of biotechs that shut down during the year, reporting that disappointing early preclinical data led the company to conclude the challenges of pioneering a new class of medicines were too great.
Risks & controversies
The principal reported risk materialized: according to Fierce Biotech, early preclinical data for the hemophilia A tRNA program were disappointing and the company concluded that pioneering a new class of medicines was too difficult, leading to its inclusion among 2025 biotech shutdowns. Sources also conflict on basic facts such as founder identity and lead indication, and one aggregator incorrectly classifies the company as an asset manager and states total capital raised has not been publicly disclosed, while other sources report $40 million.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsFierce Biotech's 2025 'Biotech Graveyard' listed the company (referred to as HC Bioscience) among biotechs that shuttered in the year to Halloween 2025, stating it decided the challenges of pioneering a new class of medicines were too great after early preclinical data on its transfer RNA treatment for hemophilia A.
Secondary profile reports hC Bioscience completed a rebrand and new website launch in 2024 while advancing toward IND-enabling studies.
hC Bioscience announced a $16 million extension to its Series A, with Taiho Ventures and Panacea Venture joining existing investors ARCH Venture Partners, Takeda Ventures and 8VC. Seiji Miyahara (Taiho Ventures) and Benjamin Chen (Panacea Venture) joined the board of directors.
$16M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 6
primary sources listed
- hC Bioscience - hC Bioscience Announces Extension of Series A to $40 Millionhcbioscience.reportablenews.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does hC Bioscience do?
- Cambridge, MA biotech developing engineered tRNA "protein editing" therapeutics for nonsense-mutation diseases; reported shut down in 2025.
- Who founded hC Bioscience?
- hC Bioscience was founded by Leslie J Williams in 2021.
- Who are hC Bioscience's investors?
- hC Bioscience's investors include ARCH Venture Partners, 8VC, Taiho Ventures, LLC, Takeda Ventures.
- How much funding has hC Bioscience raised?
- hC Bioscience has disclosed $20M raised across 1 of its 3 known rounds.
- Where is hC Bioscience headquartered?
- hC Bioscience is headquartered in Cambridge, US.
