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Mustang Bio logo — A fortress biotech Company

Mustang Bio

A fortress biotech Company

Founded 2015 United States Waltham, United States 43 employees IPO Total: $201.50M Biotechnology, Pharmaceutical

General Information

Company Name Mustang Bio
Founded Year 2015
Location United States Waltham, United States
Founders / Decision Makers
Team member
Employees 43
Industries Biotechnology, Pharmaceutical
Funding Stage IPO
Business Model B2B
Revenue Model Licensing, Performance Based, Product Sales
Social

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About Mustang Bio

Mustang Bio, a clinical-stage bio-pharmaceutical entity founded in 2015, is strategically positioned within the United States as a specialized player in Biotechnology and Pharmaceutical industries. As a "A fortress biotech Company," Mustang is at the forefront of advancing medical breakthroughs through the development of cutting-edge cell and gene therapies.

The company's focus is on leveraging CAR T and CRISPR/Cas9-enhanced CAR T therapies to target a broad range of cancers, alongside its work on a lentiviral gene therapy for XSCID. Significant partnerships with leading medical institutions underscore Mustang's commitment to innovation and clinical progress.

As of its last financial activity on 01 February 2025, Mustang secured an $8.00M Post IPO Equity investment, highlighting ongoing investor confidence in its potential to address significant unmet medical needs and generate impactful therapeutic solutions.

Business keywords: clinical-stage biopharmaceutical, cell and gene therapies, hematologic cancers, solid tumors, rare genetic diseases, CAR T therapies, CRISPR/Cas9, lentiviral gene therapy, XSCID, cancer immunotherapy, CD123, CD20, CS1, patient immune system, novel oncology treatments

Services & Products

Development of Cell Therapies
Translating Breakthroughs into Treatments
Therapy Manufacturing

Target Customers

Patients with Difficult-to-Treat Cancers Healthcare Providers Pharmaceutical Partners

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity $8.00M -
01 Feb 2025
Post-IPO Equity $2.50M -
01 Jun 2024
Private Placement VC Undisclosed -
01 Nov 2023
Post-IPO Debt $75.00M 1
Runway Growth Capital
01 Mar 2022
Grant $1.00M -
01 Sep 2021
Post-IPO Debt $20.00M 1
Horizon Technology Finance
01 Apr 2019
IPO Undisclosed -
01 Aug 2017
Early VC $95.00M -
01 Apr 2017

Mustang Bio Alternatives & Competitors

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Mustang Bio vs
TScan Therapeutics
TScan Therapeutics United States

Unleash Immunity

IPO
152 employees
Biotechnology, Health Care
Mustang Bio vs

Seeking gene therapy cures

IPO
222 employees
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Mustang Bio vs
bluebird bio
bluebird bio United States

Pursuing curative gene therapies to give patients and their families more bluebird days.

IPO
548 employees
Biotechnology, Health Care

FAQ About Mustang Bio

A fortress biotech Company
Mustang Bio was founded in 2015.
Mustang Bio is headquartered in Waltham, United States.
Mustang Bio operates in Biotechnology and Pharmaceutical. Its work centres on clinical-stage biopharmaceutical, cell and gene therapies, hematologic cancers and solid tumors. Its customers include Patients with Difficult-to-Treat Cancers, Healthcare Providers and Pharmaceutical Partners.
Mustang Bio has a B2B business model. Its revenue comes from Licensing, Performance Based and Product Sales.
Mustang Bio has approximately 43 employees.
Mustang Bio has completed 8 funding rounds, raising a total of $201.50M. The latest funding stage is IPO.
Mustang Bio offers: Development of Cell Therapies, Translating Breakthroughs into Treatments, Therapy Manufacturing.
Top alternatives and competitors to Mustang Bio include TScan Therapeutics, Rocket Pharmaceuticals, bluebird bio, Prescient Therapeutics, Janux Therapeutics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mustang Bio and TScan Therapeutics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Mustang Bio, https://bouncewatch.com/company/mustang-bio, updated 9 June 2026. When citing, please name BounceWatch and link this page.

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