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Decibel Therapeutics

Decibel Therapeutics

Decibel Therapeutics conducts inner ear research to deliver medicines for hearing and balance.

OverviewStructured DataIssuesContributorsActivity
Contents

Decibel Therapeutics is a clinical-stage biotechnology company focused on developing treatments that restore functional hair cells within the inner ear to treat disorders of hearing and balance. The company uses single-cell genomics capabilities and proprietary gene therapy technologies through its research, discovery, and drug development platform aimed at restoring hearing and balance function, providing patients with life-changing medicines for hearing and balance disabilities.

The company has provided research into the link between hearing dysfunction and inner ear pathology. It is working on drug delivery to the inner ear, inner ear imaging, inner ear PK/PD modeling and measurements, and genetics and target identification for therapies for inner ear, hearing, and balance disorders.

Drug Candidates
DB-020

Decibel Therapeutics lead drug candidate works to prevent cisplatin ototoxicity for cancer patients being treated with cisplatin. The cisplatin ototoxicity often leads to deafness as a side effect from chemotherapy. DB-020 is intended to protect the cells in hearing from the chemotherapy effects.

DB-OTO

DB-OTO is being developed to treat congenital deafness. The gene therapy is intended to restore production of otoferlin, a protein key for the hair cells located in the cochlea.

DB-201

DB-201 is Decibel Therapeutics' lead candidate for balance disorders. The drug is intended to coax new vestibular hair cell growth. It targets bilateral vestibulopathy, which causes dizziness and unsteadiness from inner ear damage, and is administered by a local injection of an adeno-associated virus.

Licensing

Decibel Therapeutics has exclusive license agreements with the University of Florida and the University of California, San Francisco, for adeno-associated virus gene therapy technology to restore hearing to individuals with profound, congenital hearing loss caused by mutations in the otoferlin gene.

Timeline

December 14, 2020
Decibel Therapeutics was founded by Gabriel Corfas and M. Charles Liberman.
November 9, 2020
Decibel Therapeutics announces $82 million Series D financing.
November 2, 2020
Decibel Therapeutics announces exclusive licensing agreements for hearing loss gene therapy technology with the University of Florida and the University of California, San Francisco.
November 2020
Decibel Therapeutics raises a $82,200,000 series D round from BlackRock, Casdin Capital, Foresite Capital, Janus Henderson Investors, OrbiMed, S-Cubed Capital, SR One, Samsara BioCapital, Surveyor Capital and Third Rock Ventures.
January 29, 2020
Decibel Therapeutics changes strategy towards regenerative therapies and announce the hiring of Laurence Reid as CEO.
June 2018
Decibel Therapeutics raises a $55,000,000 series C round from Bessemer Venture Partners, Foresite Capital, Longevity, Regeneron Pharmaceuticals, S-Cubed Capital, SR One, Schroder Adveq and Third Rock Ventures.
October 15, 2015
Decibel Therapeutics raises a $52,000,000 series A round from SR One and Third Rock Ventures.

Funding Rounds

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Products

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Acquisitions

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SBIR/STTR Awards

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Patents

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Further Resources

Title
Author
Link
Type
Date

Decibel Therapeutics Changes CEOs, Shifts Strategy

Brian Gormley

https://www.wsj.com/articles/decibel-therapeutics-changes-ceos-shifts-strategy-11580342293

Web

January 29, 2020

Xconomy: Decibel Therapeutics Strikes a Balance, Adding Regenerative Med Focus

Frank Vinluan

https://xconomy.com/boston/2020/01/29/decibel-therapeutics-strikes-a-balance-adding-regenerative-med-focus/

Web

January 29, 2020

References

decibeltx.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Drug discovery
Drug discovery
Therapeutics
Therapeutics
Biomedical engineering
Biomedical engineering
Technology
Technology
Biology
Biology
Biotechnology
Biotechnology
...
Location
Boston
Boston
B2X
B2B
B2B
CEO
‌
Laurence Reid, Ph.D.
Founder
‌
Gabriel Corfas
‌
M. Charles Liberman
Pitchbook URL
pitchbook.com/profiles...125925-58
Legal Name
Decibel Therapeutics, Inc.
Legal classification
Limited liability company
Limited liability company
Corporation
Corporation
Date Incorporated
December 14, 2020
Number of Employees (Ranges)
50 – 99
Full Address
1325 Boylston Street Suite 500 Boston, MA 02215 United States
CIK Number
1,656,536
Place of Incorporation
Delaware
Delaware
Investors
SR One
SR One
OrbiMed
OrbiMed
Schroder Adveq
Schroder Adveq
Casdin Capital
Casdin Capital
S-Cubed Capital
S-Cubed Capital
Samsara BioCapital
Samsara BioCapital
Surveyor Capital
Surveyor Capital
BlackRock
BlackRock
...
IRS Number
464,198,709
Founded Date
2015
Email Address
info@decibeltx.com
chris@tenbridgecommunications.com
licensing@decibeltx.com
Phone Number
+16173708701
Total Funding Amount (USD)
189,200,000
Latest Funding Round Date
November 2020
Competitors
Frequency Therapeutics
Frequency Therapeutics
Spiral Therapeutics
Spiral Therapeutics
Business Model
Commerce
Licensing
Stock Symbol
DBTX
Exchange
Nasdaq
Nasdaq
Board of Directors
‌
Neil Exter
William H. Carson
William H. Carson
‌
Alison Finger
‌
Matthew Foy
‌
Saraswathy Nochur
‌
Peter A. Thompson
CFO
‌
Lis Leiderman
Latest Funding Type
Series D round
Series D round
Patents Assigned (Count)
3
Wellfound ID
decibel-therapeutics

Other attributes

Company Operating Status
Active
Country
United States
United States
SIC Code
2,834
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