Empress Therapeutics emerges from stealth with $50 million financing

21 June 2023

Massachusetts, USA-based biotech funder and incubator Flagship Pioneering today unveiled its latest new company, Empress Therapeutics.

At the same time, Flagship said it has made an initial commitment of $50 million to support the development of Empress's platform and the company's initial pipeline of drug candidates.

Empress's proprietary Chemilogics product platform creates drugs by understanding how the genetic code programs cells in the human body to produce chemical compounds called metabolites, a rich source of potential small molecule medicines.

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