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About us

A daring vision

There are times when a discovery is made and its importance is astounding.

The discovery of biomolecular condensates is such a breakthrough. A revelation so profound, it completely transforms the understanding of cellular function and organization.

We have advanced this new foundational principle of cell biology to shape a daring vision – that the dysregulation of biomolecular condensates explains the root cause of complex diseases and paves the way to novel therapies.

We apply cutting-edge in-silico tools to accelerate how we explore and codify the relationship between condensate biology and human disease, igniting therapeutic possibilities in ways previously unimagined.

We have assembled the most extraordinary talent in condensate science, drug discovery and data science, collaborating across continents and disciplines, and emerging as the world’s leading condensate biotechnology company on a brave path to develop a new generation of medicines.

We are Dewpoint Therapeutics.

Pioneering scientific founders

Anthony Hyman, PhD
Richard Young, PhD
American Association
of Arts & Sciences
Phillip Sharp, PhD
Nobel Laureate

Dewpoint, the origin of our name

One evening in the late fall of 2018, Tony Hyman was at his home in Dresden, talking by speakerphone with his new startup co-founder Rick Young back in Cambridge. “Rick and I were discussing how to name the company,” Hyman remembers. “I was walking around the room, and we were coming up with one terrible name after another. ‘Phase Space’ was something I was keen on, and Rick was like, ‘That’s terrible, Tony.’ And then Suzanne came out of the kitchen and said, ‘Why don’t you call it Dewpoint?’”

Hyman and his wife Suzanne Eaton met in California when Hyman was a postdoc, then continued together to Heidelberg, where they both conducted research in cell biology, ultimately moving to Dresden to start the Max Plank Institute of Molecular Cell Biology and Genetics.

In addition to being a leading scientific voice at MPI, Eaton was a Renaissance woman—an accomplished writer, chef, concert pianist, mother, and martial-arts practitioner who was also beloved by the MPI-CBG staff as a thoughtful and infinitely attentive listener and advisor. “She was the best of America in that way,” Hyman says. “She had a real mastery of language and words, a precision – and coming up with our name ‘Dewpoint’ represented that ability to think about language properly.”

With a touch of imagination, our name evokes the moment of phase separation inside cells, when intrinsically disordered proteins and other biomolecules form condensates.

A new biology

Our founders and advisors explain how condensates drive cell function and solve biological mysteries.
The emerging science of biomolecular condensates completely transforms the understanding of cellular function and organization, solving some of biology’s greatest mysteries.

Our Team

We have assembled the most extraordinary talent in condensate science, drug discovery and data science, collaborating across continents and disciplines, emerging as the world’s leading condensate biotechnology company on a brave path to develop a new generation of medicine.

What makes Dewpoint unique?

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The discovery of biomolecular condensates sparked an entirely new understanding of biology and the way we think about the origin and treatment of diseases. Dewpoint is advancing these learnings to identify new targets and mechanisms of action across multiple biological pathways to develop new therapies.

Dewpoint has developed the ability to tackle the root cause of complex diseases and address previously undruggable targets.

Discover how biomolecular condensates might revolution drug discovery in our 2022 Nature Reviews in Drug Discovery article.

Our ERSAi platform explores and codifies relationships between condensates, human disease and chemistry to accelerate discovery of next generation medicine.

In 2022, we were granted two groundbreaking foundational platform technology patents, cementing our leadership in condensate drug discovery.

Dewpoint is a team of the world’s greatest condensate thought leaders and drug hunters - including our pioneering scientific founders, Tony Hyman and Rick Young, a world-class Scientific Advisory Board led by Nobel Laureate Phil Sharp, and a highly-experienced global leadership team and D. team nearly 150 strong.

Since our founding, we have forged discovery partnerships with leading global pharmaceutical companies across broad therapeutic areas.

Together with our proprietary programs, these collaborations expanded our pipeline and are accelerating our path towards clinical candidates.

With funding from leading tech and biotech investors, we secured a strong financial runway to progress our condensate discovery programs.

In 2022 we strengthened our financial position with a successful Series C raise for $150 million.

2019

Series A: $60M

Founding investor Polaris Partners led the equity round, joined by Samsara BioCapital, 6 Dimensions Capital, EcoR1 Capital, Alexandria Venture Investments, and Leaps by Bayer.

2020

Series B: $77M

Round led by ARCH Venture Partners, with participation from new investors Maverick Ventures and Bellco Capital, and existing investors Leaps by Bayer, EcoR1 Capital, Polaris Partners, Samsara BioCapital, and Innovation Endeavors.

2022

Series C: $150M

Round led by SoftBank Vision Fund 2, along with other new investors General Catalyst, Mubadala Capital, 3E Bioventures, Mirae Asset Capital, and NS Investment. Also joining the round were existing investors Leaps by Bayer, Polaris Partners, Samsara BioCapital, ARCH Venture Partners, EcoR1 Capital, and Maverick Ventures.

Our story so far

1903

Santiago Ramón y Cajal documents membrane-free cellular structures, now known to be condensates

June 2009

Dewpoint co-founder Tony Hyman and colleagues publish pivotal paper revealing the potential of condensates

August 2018

Dewpoint founded by pioneering scientists Tony Hyman, Rick Young and Amir Nashat with Nobel Laureate Phil Sharp appointed as SAB chair

October 2018

US Operations begin

January 2019

Series A funding, $60M raised

March 2019

German operations begin

November 2019

$100M deal with Bayer propels our research in cardiovascular diseases

July 2020

$350M deal with Merck kicks off research into treatments for HIV

September 2020

Series B funding, $77M raised

January 2021

$239 deal with Pfizer starts development of treatments for a rare form of muscular dystrophy

February 2022

Series C funding, $150M raised

May 2022

Foundational platform technology patent granted by US Patent Office

August 2022

“Modulating biomolecular condensates: a novel approach to drug discovery” published in Nature Reviews Drug Discovery

September 2022

Dewpoint co-founder Tony Hyman awarded 2023 Breakthrough Prize in Life Sciences

November 2022

Dewpoint opens Frankfurt office

November 2022

Dewpoint Therapeutics granted second breakthrough condensates platform technology patent by US Patent Office

March 2023

$55M deal with Novo Nordisk opens collaboration in insulin resistance and diabetic complications with financing potential up to $690 million

September 2023

Partnership with Chemify to develop a suite of digitally discovered and automatically synthesized novel molecules against condensate targets

November 2023

Strategic collaboration with Evotec to advance Dewpoint’s oncology programs to “IND” status

October 2024

Dewpoint signs $424 million licensing agreement with Bayer for heart disease program 

October 2024

Nomination of first c-mod development candidate DPTX3186 for treatment of Wnt-driven cancers

December 2024

Research collaboration with Mitsubishi Tanabe Pharma Corporation to advance small molecule condensate modulator for ALS

December 2024

First phase of translational oncology partnership with ConcertAI announced

January 2025

Nomination of second development candidate DPTX3496 for the treatment of colorectal, breast, and lung cancers

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Dewpoint Therapeutics
451 D Street, Suite 104
Boston, MA 02210
USA
© 2019-2025 - Dewpoint Therapeutics

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Scientific animation: Visual Science