Company Profile

Blue Therapeutics Inc
Profile last edited on: 6/8/18      CAGE: 7F7U0      UEI: LKA1BYCMJHY7

Business Identifier: NO Business Identifier is currently available for this company.
Year Founded
2014
First Award
2016
Latest Award
2020
Program Status
Active
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Location Information

625 Massachusetts Avenue Seond floor
Cambridge, MA 02139
   (617) 475-0945
   info@bluetherapeutics.com
   www.bluetherapeutics,com
Location: Single
Congr. District: 07
County: Middlesex

Public Profile

Located in the Harvard Innovation Launch Lab, a start-up incubator and co-working space for select Harvard alumni ventures, Blue Therapeutics is an early stage drug development company pursuing better treatment options for patients in pain. The goal of Blue Therapeutics is to break the chain of opioid addiction by creating highly effective, non-addictive painkillers. Using promising new pain relief targets identified by two of the firm's founders, the firm is developing non-narcotic small molecules with potent analgesic properties that lack the unwanted side effects of opioid painkillers, especially addictive potential.The firm is advancing their lead compound, BLUE-181, through industry standard safety studies to determine its suitability for clinical trials. Nonclinical studies have found this remarkable molecule to reduce pain measures more potently than morphine, while lacking signs of abuse potential.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
1-4
Revenue Range
Less than .5M
VC funded?
No
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2020 2 NIH $4,653,046
Project Title: Development of a Non-Addictive Analgesic Targeting Opioid Receptor Heteromers
2018 1 NIH $249,685
Project Title: Identification of Lead Chemical Scaffolds Targeting Opioid Receptor Heteromers.

Key People / Management

  Michio Painter -- Co-Founder and Chief Executive Officer

  Ajay S Yekkirala -- Co-Founder and Chief Executive Officer

  Philip Portoghese -- Co-Founder

  David Roberson -- Co-Founder and Chief Operating Officer

  Ajay Yekkirala -- Co-Founder and Chief Scientific Officer

Company News

There are no news available.