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OCEAN BIOMEDICAL logo — Empowering great medical science.

OCEAN BIOMEDICAL

Empowering great medical science.

Founded 2019 United States Providence, United States 12 employees Post-IPO Debt Total: $36.04M Biotechnology, Health Care

General Information

Company Name OCEAN BIOMEDICAL
Founded Year 2019
Location United States Providence, United States
Employees 12
Industries Biotechnology, Health Care
Funding Stage Post-IPO Debt
Social

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About OCEAN BIOMEDICAL

Ocean Biomedical is a biopharma startup founded in 2019 with a mission to accelerate the translation of new discoveries into breakthrough medicines. The company collaborates with leading scientists and research institutions to develop a diverse portfolio of pharmaceutical inventions and technologies in the fields of oncology, fibrosis, and the treatment and prevention of severe malaria. Its scientific co-founder, Jack A. Elias, M.D., has made pioneering contributions to the field of chitinase biology, forming the basis of the oncology and fibrosis programs.

In the realm of infectious diseases, the company is focused on combating malaria, with Jonathan Kurtis, M.D., leading the efforts. The company's innovative approach has led to the discovery of two novel malaria antigens, PfSEA-1 and PfGARP, showing promising results in in-vitro and animal model testing. The potential impact of their work is significant, given that malaria claims the lives of 500,000 children and affects 200-300 million people globally each year.

With its last investment of $10.00M from Poseidon Biotech - India in October 4, 2023, Ocean Biomedical demonstrates its appeal to global investors. This signifies investor confidence in the company's innovative approach and potential for developing groundbreaking medical solutions, reflecting a promising trajectory for the company.

Ocean Biomedical's commitment to empowering great medical science, combined with its strategic partnerships, positions it as a formidable player in the biotechnology and health care industries.

Business keywords: biopharma, medicine, discovery, drug development, oncology, fibrosis, preclinical, clinical development, infectious disease, malaria, vaccine development, interdisciplinary expertise, global health

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $10.00M 1
Poseidon Biotech - India
04 Oct 2023
Post IPO Debt $25.00M -
16 May 2023
Seed Round $1.04M -
12 Apr 2021

OCEAN BIOMEDICAL Alternatives & Competitors

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OCEAN BIOMEDICAL vs
Treeline
Treeline United States

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172 employees
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OCEAN BIOMEDICAL vs
NovaBiotics Ltd
NovaBiotics Ltd United Kingdom

Developing first-in-class solutions for unmet health and personal care needs

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OCEAN BIOMEDICAL vs
Curevo Vaccine
Curevo Vaccine United States

A clinical-stage biotech company developing amezosvatein, a vaccine for shingles and chickenpox.

Acquired
44 employees
Biopharma, Biotechnology

FAQ About OCEAN BIOMEDICAL

Empowering great medical science.
OCEAN BIOMEDICAL was founded in 2019.
OCEAN BIOMEDICAL is headquartered in Providence, United States.
OCEAN BIOMEDICAL operates in Biotechnology and Health Care. Its work centres on biopharma, medicine, discovery and drug development.
OCEAN BIOMEDICAL has approximately 12 employees.
OCEAN BIOMEDICAL has completed 3 funding rounds, raising a total of $36.04M. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to OCEAN BIOMEDICAL include Treeline, NovaBiotics Ltd, Curevo Vaccine, ANA Therapeutics, Selah Genomics Inc. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OCEAN BIOMEDICAL and Treeline 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 OCEAN BIOMEDICAL, https://bouncewatch.com/company/ocean-biomedical, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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