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Seraxis

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uuid0000kwr

Namestring
Seraxis
Legal namestring
Seraxis, Inc.
Company typeenum
Private
Founded yearint
2013
Descriptiontext

Seraxis is a private biotechnology company launched in March 2013. Incorporated in Singapore and the United States, their GMP lab is located in Germantown, Maryland. Seraxis team of scientists developed novel cell and encapsulation technologies. Their main goal is to bring a practical cell therapy for insulin-dependent diabetes to the clinic and provide a long term cure to patients that does not require the use of immuno-suppression. Their corporate structure and strategy is designed to achieve that goal as quickly as possible, while bringing maximum value to their shareholders.

Short descriptiontext

Seraxis is a privately owned biotechnology company.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersGermantown, United States
HQ citystring
Germantown
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
cell replacement therapy, regenerative medicine, islet replacement therapy, diabetes treatment, stem cell therapy
Industry1 code
1Rare Endocrine & Growth Disorder Therapies
CodeHLAIAIAJPrimaryYes
NAICS code2 codes
  • Research and Development in Biotechnology (except Nanobiotechnology)541714
  • Pharmaceutical Preparation Manufacturing325412
SIC code2 codes
  • Biological Products, (No Disgnostic Substances)2836
  • Pharmaceutical Preparations2834
Product category
Cell Therapy / Regenerative Medicine
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Cell Replacement Therapy Commercialization
TypeOne Time License
Description

Pre-commercial biotech company developing a cell replacement therapy for insulin-dependent diabetes. No current revenue; development stage with SR-02 in clinical trials following FDA IND allowance in October 2024.

seraxis.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Seraxis is a regenerative medicine company developing stem cell-derived pancreatic islet replacement therapies for insulin-dependent diabetes. Its lead product SR-02 is a cell replacement therapy using pancreatic endocrine cell clusters derived from a proprietary stem cell line, designed to restore physiological glucose regulation in Type 1 diabetes patients without requiring lifelong immunosuppression. The company received FDA IND allowance for SR-02 in October 2024 and is advancing toward clinical trials.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Reversed diabetes in animal models
+1 more record
Product overview1 text field

Seraxis is a regenerative medicine company developing cell replacement therapies for insulin-dependent diabetes. The company offers a portfolio of pancreatic cell products: SR-02 (islet replacement therapy, FDA IND-cleared for clinical study), SR-03 (genetically modified universal allogenic cell line), Synthetic Replacement Endocrine Clusters (SRE), and pancreatic organoids. All products are manufactured from proprietary stem cell lines engineered from donor pancreatic islets, designed to restore normal glucose control without requiring lifelong immune suppression.

Product and service4 records
1SR-02 Islet Replacement Therapy
CategoryCell replacement therapy / islet replacement
Description

Clinical-stage cell replacement therapy for Type 1 Diabetes that uses engineered pancreatic endocrine cell clusters derived from Seraxis's proprietary stem cell line to restore normal glucose control. FDA IND allowance received October 2024; intended to be delivered as a one-time outpatient implantation without lifelong immunosuppression.

2SR-03 Genetically Modified Pancreatic Cell Line
CategoryCell therapy / allogeneic transplant candidate
Description

Preclinical genetically modified pancreatic cell line engineered as a universal allogeneic transplant therapy targeting both Type 1 and insulin-requiring Type 2 diabetes without requiring lifelong immune suppression.

3Pancreatic Endocrine Cell Clusters
CategoryCell therapy platform product
Description

Manufactured pancreatic endocrine cell clusters that replace native pancreatic cells to regulate blood glucose, secreting precise amounts of insulin, glucagon, and other hormones. Produced under a 21 CFR Part 210 and 211 compliant manufacturing process.

4Pancreatic Organoids
CategoryPreclinical research platform
Description

Pancreatic organoids derived from Seraxis's novel pancreas-derived stem cells, used as a research and preclinical platform for diabetes therapy development.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Medytox Inc.
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2016-08-10
Description

Seraxis closed a Series B financing round and entered into a collaboration with Medytox Inc. This represents a strategic partnership combining Seraxis' cell therapy technology with Medytox's capabilities.

seraxis.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
1Vertex Pharmaceuticals
TypeDirect peer
Description

Vertex is developing VX-880 and VX-264, stem cell-derived islet cell therapies for Type 1 diabetes (acquired Semma Therapeutics). It is the most directly comparable competitor targeting the same patient population with a similar mechanistic approach, but with substantially greater clinical and financial resources.

2ViaCyte
TypeDirect peer
Description

Pioneer in stem cell-derived pancreatic progenitor cell therapies for T1D; was acquired by Vertex in 2022 to form the basis of VX-264. Directly comparable as a peer in encapsulated stem cell-derived islet replacement therapy.

3Semma Therapeutics
TypeDirect peer
Description

Founded to commercialize Doug Melton's stem cell-derived islet cell work for T1D; acquired by Vertex Pharmaceuticals in 2019 for $950M. Closest mechanistic peer to Seraxis in producing functional beta cells from stem cells for diabetes treatment.

4CRISPR Therapeutics
TypeBroad incumbent
Description

Gene-editing biotechnology company developing CTX211 (allogeneic, gene-edited, stem cell-derived beta cell precursor therapy for T1D) with ViaCyte/Vertex. Comparable as a cell therapy platform with immune-evasion engineering, though broader in indication scope.

5Sigilon Therapeutics
TypeDirect peer
Description

Developed encapsulated cell therapies (including for Type 1 diabetes) using its Afibromer biomaterial platform to enable implant function without immunosuppression. Comparable approach of combining cell therapy with immune-evasion/encapsulation to treat T1D.

6Novo Nordisk
TypeBroad incumbent
Description

Global leader in diabetes care with established insulin and emerging cell therapy efforts (e.g., stem cell-derived islet research collaborations). Highly relevant as a strategic potential partner/acquirer and as the incumbent player Seraxis aims to disrupt in T1D treatment.

7Eli Lilly
TypeBroad incumbent
Description

Lead investor in Seraxis's Series C and a major incumbent in diabetes therapeutics with growing cell therapy ambitions. Both a strategic investor/partner candidate and a broad incumbent whose own pipeline decisions directly affect Seraxis's strategic options.

8Provention Bio
TypeEmerging player
Description

Focused on immune-mediated diseases including Type 1 Diabetes (teplizumab for delay of T1D onset). Comparable as a T1D-focused biotech pursuing disease-modifying approaches, though focused on immunomodulation rather than cell replacement.

9TolerogenixX
TypeEmerging player
Description

Clinical-stage biotech developing cellular immunotherapy approaches to induce immune tolerance in transplantation, including islet cell transplantation. Comparable for its overlap in transplantation immunology and immune tolerance - a key enabling area for Seraxis's therapy.

10AT132 (Astellas)
TypeBroad incumbent
Description

Astellas (via Universal Cells and acquisition of Quethera) is developing regenerative medicine and cell/gene therapies. Comparable as a large pharma developing cell-based regenerative approaches with potential interest in islet cell replacement programs.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors7 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Seraxis

Cell Therapy / Regenerative Medicineseraxis.com

Seraxis is a privately owned biotechnology company.

What Seraxis does

Seraxis is a private biotechnology company launched in March 2013. Incorporated in Singapore and the United States, their GMP lab is located in Germantown, Maryland. Seraxis team of scientists developed novel cell and encapsulation technologies. Their main goal is to bring a practical cell therapy for insulin-dependent diabetes to the clinic and provide a long term cure to patients that does not require the use of immuno-suppression. Their corporate structure and strategy is designed to achieve that goal as quickly as possible, while bringing maximum value to their shareholders.

Seraxis firmographics

Firmographics
Name
Seraxis
Legal name
Seraxis, Inc.
Website
https://seraxis.com
Company type
Private
Founded year
2013
Operating status
Operating
Headcount range
11–50 employees
Short description
Seraxis is a privately owned biotechnology company.
Ownership category
akta.pro rank

Seraxis industry classification

Industry
Product category
Cell Therapy / Regenerative Medicine
NAICS
Research and Development in Biotechnology (except Nanobiotechnology) (541714), Pharmaceutical Preparation Manufacturing (325412)
SIC
Biological Products, (No Disgnostic Substances) (2836), Pharmaceutical Preparations (2834)
akta.pro primary industry
Rare Endocrine & Growth Disorder Therapies (HLAIAIAJ)

Keywords

  • Cell replacement therapy
  • Regenerative medicine
  • Islet replacement therapy
  • Diabetes treatment
  • Stem cell therapy

Where Seraxis is headquartered

Location

Headquarters

HQ city
Germantown
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Seraxis business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

  1. Cell Replacement Therapy Commercialization: Pre-commercial biotech company developing a cell replacement therapy for insulin-dependent diabetes. No current revenue; development stage with SR-02 in clinical trials following FDA IND allowance in October 2024.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Seraxis product offering

Product offering

Core offering

Seraxis is a regenerative medicine company developing stem cell-derived pancreatic islet replacement therapies for insulin-dependent diabetes. Its lead product SR-02 is a cell replacement therapy using pancreatic endocrine cell clusters derived from a proprietary stem cell line, designed to restore physiological glucose regulation in Type 1 diabetes patients without requiring lifelong immunosuppression. The company received FDA IND allowance for SR-02 in October 2024 and is advancing toward clinical trials.

Product overview

Seraxis is a regenerative medicine company developing cell replacement therapies for insulin-dependent diabetes. The company offers a portfolio of pancreatic cell products: SR-02 (islet replacement therapy, FDA IND-cleared for clinical study), SR-03 (genetically modified universal allogenic cell line), Synthetic Replacement Endocrine Clusters (SRE), and pancreatic organoids. All products are manufactured from proprietary stem cell lines engineered from donor pancreatic islets, designed to restore normal glucose control without requiring lifelong immune suppression.

Differentiator

Problem solved

Functional benefit

Products and services

  • SR-02 Islet Replacement Therapy Clinical-stage cell replacement therapy for Type 1 Diabetes that uses engineered pancreatic endocrine cell clusters derived from Seraxis's proprietary stem cell line to restore normal glucose control. FDA IND allowance received October 2024; intended to be delivered as a one-time outpatient implantation without lifelong immunosuppression.
  • SR-03 Genetically Modified Pancreatic Cell Line Preclinical genetically modified pancreatic cell line engineered as a universal allogeneic transplant therapy targeting both Type 1 and insulin-requiring Type 2 diabetes without requiring lifelong immune suppression.
  • Pancreatic Endocrine Cell Clusters Manufactured pancreatic endocrine cell clusters that replace native pancreatic cells to regulate blood glucose, secreting precise amounts of insulin, glucagon, and other hormones. Produced under a 21 CFR Part 210 and 211 compliant manufacturing process.
  • Pancreatic Organoids Pancreatic organoids derived from Seraxis's novel pancreas-derived stem cells, used as a research and preclinical platform for diabetes therapy development.

Quantifiable outcome

  • Reversed diabetes in animal models
  • +1 more outcomes

Companies that use Seraxis

Customer profile

Segments1 record

Seraxis technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Seraxis partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Medytox Inc.coreStrategic or Co-development Partner · 10 August 2016Seraxis closed a Series B financing round and entered into a collaboration with Medytox Inc. This represents a strategic partnership combining Seraxis' cell therapy technology with Medytox's capabilities.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Seraxis competitors and assessment

Company assessment

Direct peers

  • Vertex Pharmaceuticals: Vertex is developing VX-880 and VX-264, stem cell-derived islet cell therapies for Type 1 diabetes (acquired Semma Therapeutics). It is the most directly comparable competitor targeting the same patient population with a similar mechanistic approach, but with substantially greater clinical and financial resources.
  • ViaCyte: Pioneer in stem cell-derived pancreatic progenitor cell therapies for T1D; was acquired by Vertex in 2022 to form the basis of VX-264. Directly comparable as a peer in encapsulated stem cell-derived islet replacement therapy.
  • Semma Therapeutics: Founded to commercialize Doug Melton's stem cell-derived islet cell work for T1D; acquired by Vertex Pharmaceuticals in 2019 for $950M. Closest mechanistic peer to Seraxis in producing functional beta cells from stem cells for diabetes treatment.
  • Sigilon Therapeutics: Developed encapsulated cell therapies (including for Type 1 diabetes) using its Afibromer biomaterial platform to enable implant function without immunosuppression. Comparable approach of combining cell therapy with immune-evasion/encapsulation to treat T1D.

Broad incumbents

  • CRISPR Therapeutics: Gene-editing biotechnology company developing CTX211 (allogeneic, gene-edited, stem cell-derived beta cell precursor therapy for T1D) with ViaCyte/Vertex. Comparable as a cell therapy platform with immune-evasion engineering, though broader in indication scope.
  • Novo Nordisk: Global leader in diabetes care with established insulin and emerging cell therapy efforts (e.g., stem cell-derived islet research collaborations). Highly relevant as a strategic potential partner/acquirer and as the incumbent player Seraxis aims to disrupt in T1D treatment.
  • Eli Lilly: Lead investor in Seraxis's Series C and a major incumbent in diabetes therapeutics with growing cell therapy ambitions. Both a strategic investor/partner candidate and a broad incumbent whose own pipeline decisions directly affect Seraxis's strategic options.
  • AT132 (Astellas): Astellas (via Universal Cells and acquisition of Quethera) is developing regenerative medicine and cell/gene therapies. Comparable as a large pharma developing cell-based regenerative approaches with potential interest in islet cell replacement programs.

Emerging players

  • Provention Bio: Focused on immune-mediated diseases including Type 1 Diabetes (teplizumab for delay of T1D onset). Comparable as a T1D-focused biotech pursuing disease-modifying approaches, though focused on immunomodulation rather than cell replacement.
  • TolerogenixX: Clinical-stage biotech developing cellular immunotherapy approaches to induce immune tolerance in transplantation, including islet cell transplantation. Comparable for its overlap in transplantation immunology and immune tolerance - a key enabling area for Seraxis's therapy.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Seraxis social profiles

Digital presence

Seraxis compliance and trust

Trust signal

Compliance3 records

Seraxis financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Seraxis leadership team

Management profile

Number of profiles

Profiles9 records

Seraxis funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Seraxis M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Seraxis

What does Seraxis do?

Seraxis is a regenerative medicine company developing stem cell-derived pancreatic islet replacement therapies for insulin-dependent diabetes. Its lead product SR-02 is a cell replacement therapy using pancreatic endocrine cell clusters derived from a proprietary stem cell line, designed to restore physiological glucose regulation in Type 1 diabetes patients without requiring lifelong immunosuppression. The company received FDA IND allowance for SR-02 in October 2024 and is advancing toward clinical trials.

Is Seraxis a public or private company?

Seraxis is a private company. It is classified as venture growth investor backed and is currently operating.

When was Seraxis founded?

Seraxis was founded in 2013. It employs 11 to 50 people.

Where is Seraxis based?

Seraxis is headquartered in Germantown, United States, in the North America region.

How does Seraxis make money?

One revenue line is on record: cell Replacement Therapy Commercialization.

Who are Seraxis's main competitors?

Direct peers on record are Vertex Pharmaceuticals, ViaCyte, Semma Therapeutics and Sigilon Therapeutics. Broad incumbents are CRISPR Therapeutics, Novo Nordisk, Eli Lilly and AT132 (Astellas). Emerging players are Provention Bio and TolerogenixX.

Does Seraxis have an API?

No public API is recorded for Seraxis.

What industry is Seraxis in?

Seraxis's product category is Cell Therapy / Regenerative Medicine. Its primary akta.pro industry code is HLAIAIAJ, Rare Endocrine & Growth Disorder Therapies. Its NAICS code is 541714 and its SIC code is 2836.

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Live signals
AInvestSernova's Seraxis 'Merger of Equals': What the Insider Voting Agreement Really Tells YouSernova Biotherapeutics and private Seraxis Holdings agreed to a 50/50 merger, with insiders voting yes. The deal values Sernova at C$0.15 per share, and insiders hold 10.8% of shares. The combined company, BetaNova, has no revenue, with its first program entering human testing early next year.Seeking AlphaSernova shareholder backs Seraxis takeover proposal (TSX:SVA:CA)Steven Sangha entered a voting and support agreement with Seraxis Holdings to back its proposed acquisition of Sernova Biotherapeutics. Under the deal, each Sernova common share would be exchanged for 0.0112746082 Seraxis common shares.NewsfileSteven Sangha Announces Voting and Support Agreement for Sernova Biotherapeutics Inc.'s Proposed Business Combination with Seraxis Holdings, Inc.Steven Sangha entered a voting and support agreement with Seraxis Holdings to vote in favor of Seraxis's acquisition of Sernova Biotherapeutics. He holds about 10.5% of Sernova shares, with warrants and options representing roughly 30% on a partially diluted basis. The agreement is subject to termination and potential future actions.YahooSteven Sangha Announces Voting and Support Agreement for Sernova Biotherapeutics Inc.'s Proposed Business Combination with Seraxis Holdings, Inc.Steven Sangha entered a voting and support agreement with Seraxis Holdings to vote in favor of Seraxis's acquisition of Sernova Biotherapeutics. He holds about 10.5% of Sernova shares, including warrants and options, and is restricted from converting debentures. The agreement may be terminated, allowing him to acquire or sell securities later.Endpoints NewsDiabetes cell therapy biotechs Sernova and Seraxis to mergeSernova and Seraxis, two diabetes cell therapy biotechs, will merge to combine their efforts in developing cell therapies for diabetes. The companies have spent decades on this work and aim to collaborate to advance the field.BioXconomySernova and Seraxis merge to form BetaNovaSernova Biotherapeutics and Seraxis Holdings announced a definitive merger to form BetaNova Biotherapeutics, targeting a November 2026 closing pending shareholder approval. The combined company will pursue a NASDAQ listing in Q1 2027, with first patient dosing in Q1 2027 and an IND for SR-03 in H2 2027. BetaNova has secured $10 million in convertible note financing.MscrfMaryland Stem Cell Research Fund Awards Over $18 Million to Drive Breakthroughs in Regenerative MedicineThe Maryland Stem Cell Research Fund awarded over $18 million in grants to support regenerative medicine research involving multiple Maryland-based institutions and companies. The funding aims to accelerate stem cell therapy development across various medical conditions, with recipients including research institutions and companies such as Seraxis Inc., Britecyte Inc., and SereNeuro Therapeutics Inc. The program will continue with further funding rounds to promote innovation and clinical trials in Maryland.Endpoints NewsMaryland biotech gets green light for stem cell-derived therapy for diabetes, aiming to compete with VertexMaryland-based biotech company Seraxis has received regulatory approval for a stem cell-derived therapy aimed at treating diabetes, positioning itself to compete with Vertex Pharmaceuticals. The treatment involves implanting pancreatic organoids developed by the company into patients later this year.GlobeNewswireSeraxis Announces Appointment of Chief Medical Officer, Dr. Paul StrumphSeraxis Inc. appointed Paul Strumph, M.D., as Chief Medical Officer. He will drive clinical strategy for its diabetes pipeline, including its lead islet cell replacement therapy. Strumph previously served as CMO at Metavant Sciences and other roles.BioSpaceSeraxis appoints Shelley Hartman, Jerry Baty and MJ Choi to the Board of DirectorsSeraxis announced the appointment of Shelley Hartman, Jerry Baty, and Min-Jung Choi to its Board of Directors. The new board members bring expertise in executive leadership, finance, and biotech sectors to support the company's transition to clinical-stage development. This strategic move aims to foster growth for Seraxis, which is developing a stem cell-based therapy for diabetic patients.