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Degron Therapeutics
Biotech & Life Sciences · San Diego, United States · Founded 2021
Leading platform company in discovery of molecular glue degraders for cancer treatment MoreLess
Degron Therapeutics is a pioneering biotech company focused on discovering and developing a new class of targeted protein degradation therapeutics known as molecular glue degraders (MGDs). The company employs a multi-faceted approach, utilizing both target-based and phenotypic screening methods to identify novel disease targets. Degron's proprietary chemical library, which started from a unique chemical core, has expanded to include around 60 diverse cores and 10,000 compounds. This extensive library enables the discovery and validation of many new disease targets, particularly those considered undruggable by conventional methods.
Degron Therapeutics primarily serves the pharmaceutical and biotechnology sectors, targeting unmet medical needs in therapeutic areas such as oncology, neuroscience, and inflammation. The company operates on a business model that includes upfront payments and potential milestone payments, as evidenced by its collaboration with Takeda, which could yield up to $1.2 billion in payments. Additionally, Takeda has made an equity investment in Degron, further solidifying their partnership.
Degron's robust pipeline of First-in-Class MGDs and its GlueXplorer platform position it as a leader in the field of targeted protein degradation. The company aims to leverage its scientific excellence and world-class team to bring innovative treatments to market, addressing significant gaps in current medical therapies.
Keywords: targeted protein degradation, molecular glue degraders, undruggable targets, oncology, neuroscience, inflammation, phenotypic screening, chemical library, biotech, therapeutic areas.
Company overview
Degron Therapeutics company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2021
- Headquarters
- San Diego, United States
- Employees
- 25
- Open positions
- None listed
- Dealroom signal
- 89.7
Valuation & funding
Degron Therapeutics funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES AOther financing | May 2026 | $40M | $160M | CSPC Pharmaceutical Group · GF Xinde Investment · Yipinhong Pharmaceutical · Lapam Capital | ↗ |
| SERIES AOther financing | Dec 2025 | $0 | — | Yipinhong Pharmaceutical | ↗ |
| SERIES AOther financing | Dec 2024 | $20M | $80M | Takeda Ventures · Longmen Capital · FC Capital · HaoYue Capital | ↗ |
| GRANTOther financing | Dec 2023 | $0 | — | Asian Fund For Cancer Research | ↗ |
| SERIES AOther financing | Jun 2022 | $22M | $88M | Baidu Ventures · Cowin Venture · Dyee Capital · NeuX Capital | ↗ |
| SPINOUTOther financing | Jan 2021 | ShanghaiTech University | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $500K | 0% | 25 |
| 2025 | $500K | 0% | 20 |
| 2024 | $500K | 0% | 16 |
| 2023 | $500K | — | 12 |
Growth signals
Degron Therapeutics website traffic
Latest recorded traffic for Degron Therapeutics is 3.2K monthly website visits, up 60% over the last three months. Degron Therapeutics's team grew 25% over the past year.
Comparisons
Degron Therapeutics compared with similar companies
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Talent graph
Degron Therapeutics's talent
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Investors
22 investors on Degron Therapeutics's cap table
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Global footprint
Where Degron Therapeutics has talent and traffic
team presence
In the news
Latest news about Degron Therapeutics
Recent press, funding announcements, and product moves mentioning Degron Therapeutics — open to read from the original sources.
Market sentiment
What the market is saying about Degron Therapeutics
An AI-synthesized read of the highest-engagement posts about Degron Therapeutics on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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