Company Overview
Snapshot
Founded in October 2022 by Osnat Ashur-Fabian, DIO TREE operates with 1–10 employees. The company has raised $1.05 million across two funding rounds from two investors. In January 2024, DIO TREE secured a grant from the Israel Innovation Authority.
Business overview
DIO TREE is a Health Tech & Life Sciences company focused on developing a novel small molecule for the treatment of ovarian cancer. Its core technology targets the enzyme DIO3, identified as a significant driver in various cancer types, particularly ovarian cancer. The company's product pipeline consists of a series of small molecules designed to inhibit DIO3, serving the healthcare and biotechnology sectors by addressing patient needs in oncology.
Strategic signal
In August 2023, DIO TREE was featured in a CTech article highlighting its potential to significantly impact cancer treatment with a single drug. This underscores the company's innovative approach in the oncology space and signals strong validation of its therapeutic strategy for investors and innovation teams.
Company Intelligence Q&A
- What is DIO TREE's primary focus?
- DIO TREE is developing a novel small molecule for the treatment of ovarian cancer, targeting the DIO3 enzyme which is a major driver in many cancer types.
- When was DIO TREE founded?
- DIO TREE was founded in October 2022.
- Who is a key founder of DIO TREE?
- Osnat Ashur-Fabian is a founder and the CSO of DIO TREE.
- Which investor participated in DIO TREE's December 2022 funding round?
- In December 2022, DIO TREE received funding from NGT HealthCare II and the Israel Innovation Authority.