Power of 10: Our impact in the South East

OMass Therapeutics

South East

British Patient Capital’s Future Fund: Breakthrough

OMass Therapeutics is an Oxford-based biotechnology company that discovers and develops novel small molecule medicines in areas of immunology and rare diseases where there are high, unmet clinical need.

Portrait of Paul Cable, Neupulse, Dr Barbara Morera, Neupulse, Sandy Reid,, Mercia Ventures and David Tindall British Business Bank

Originally spun out of Oxford University, OMass has commercialised Professor Dame Carol Robinson’s breakthrough research in native mass spectrometry and developed to develop its proprietary drug discovery platform, OdyssION™.

British Patient Capital has invested £10m in the business as part of OMass’ Series B extension.

This financing will support OMass’ advance towards clinical development while also enabling the expansion of its pipeline.

Download The Power of 10:10 Year Impact Report

The Power of 10:10 Year Impact Report sets out how the British Business Bank has supported more than 200,000 businesses to prosper and grow over the last decade.

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26,000

businesses supported

316,000

jobs supported

£13bn

additional turnover expected to be created

£6bn

additional GVA expected to be created

30,000

new jobs expected to be created