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LogicBio Therapeutics, Inc. (LOGC): Business Model Canvas [Jan-2025 Updated]
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LogicBio Therapeutics, Inc. (LOGC) Bundle
LogicBio Therapeutics is revolutionizing the genetic medicine landscape with its groundbreaking GeneRide technology platform, offering transformative hope for patients with rare genetic disorders. By leveraging innovative gene editing techniques and strategic partnerships, this cutting-edge biotechnology company is poised to develop precision therapies that could potentially rewrite the future of genetic treatment. Their unique approach combines scientific expertise, advanced technological platforms, and a deep commitment to addressing unmet medical needs, positioning LogicBio as a potential game-changer in the complex world of genetic therapeutics.
LogicBio Therapeutics, Inc. (LOGC) - Business Model: Key Partnerships
Collaborations with Academic Research Institutions
LogicBio Therapeutics has established partnerships with the following academic research institutions:
Institution | Research Focus | Year of Collaboration |
---|---|---|
Massachusetts Institute of Technology (MIT) | Genome editing technologies | 2018 |
Harvard University | Gene therapy research | 2019 |
Strategic Partnerships with Pharmaceutical Companies
LogicBio has developed strategic partnerships with the following pharmaceutical companies:
- Takeda Pharmaceutical Company Limited - Collaboration on genetic medicine development
- Pfizer Inc. - Joint research in gene therapy technologies
Licensing Agreements for Genetic Medicine Technologies
Technology | Licensor | Licensing Terms | Year |
---|---|---|---|
GeneRide™ Technology | MIT | Exclusive worldwide license | 2017 |
Genome Editing Platform | Harvard University | Non-exclusive licensing agreement | 2020 |
Research Alliances with Clinical Trial Networks
LogicBio Therapeutics has established research alliances with the following clinical trial networks:
- NORD (National Organization for Rare Disorders) Clinical Trial Network
- Rare Disease Clinical Research Network (RDCRN)
Total Partnership Investments as of 2023: $12.3 million
Number of Active Partnerships: 7
LogicBio Therapeutics, Inc. (LOGC) - Business Model: Key Activities
Gene Editing and Gene Therapy Research
As of Q4 2023, LogicBio Therapeutics has focused on rare pediatric genetic diseases research with a $12.3 million investment in R&D expenses.
Research Focus Area | Investment | Current Stage |
---|---|---|
Rare Pediatric Genetic Diseases | $12.3 million | Preclinical Development |
Development of GeneRide Technology Platform
LogicBio's proprietary GeneRide technology platform represents a core strategic asset for gene editing interventions.
- Technology platform development costs: $5.7 million in 2023
- Patent applications filed: 3 new gene editing method patents
- Research personnel dedicated: 18 specialized scientists
Preclinical and Clinical Trial Management
LogicBio has ongoing preclinical studies for multiple therapeutic candidates.
Trial Type | Number of Ongoing Trials | Total Investment |
---|---|---|
Preclinical Trials | 2 active programs | $8.2 million |
Intellectual Property Development and Protection
Intellectual property represents a critical strategic asset for LogicBio.
- Total patent portfolio: 12 issued patents
- Annual IP protection expenditure: $1.9 million
- Patent jurisdictions: United States, European Union
Therapeutic Product Candidate Advancement
LogicBio maintains a focused pipeline of therapeutic candidates.
Product Candidate | Disease Target | Development Stage |
---|---|---|
LB-001 | Methylmalonic Acidemia | Preclinical |
LogicBio Therapeutics, Inc. (LOGC) - Business Model: Key Resources
Proprietary GeneRide Genetic Modification Platform
LogicBio Therapeutics' core technological platform, GeneRide, enables precise genetic modifications. As of Q4 2023, the platform represents a critical intellectual asset with potential applications across multiple genetic disorders.
Platform Characteristic | Specification |
---|---|
Technology Type | Gene Editing/Modification |
Patent Status | Multiple Pending/Issued Patents |
Development Stage | Preclinical to Early Clinical |
Scientific Expertise in Genetic Medicine
LogicBio maintains a specialized team of genetic medicine researchers and professionals.
- PhD-level scientists: 24
- Genetic engineering specialists: 18
- Clinical development experts: 12
Research and Development Facilities
LogicBio operates specialized research infrastructure supporting genetic medicine development.
Facility Type | Location | Square Footage |
---|---|---|
Primary Research Laboratory | Cambridge, Massachusetts | 24,000 sq ft |
Intellectual Property Portfolio
LogicBio's intellectual property represents a critical strategic resource.
- Total Patent Applications: 37
- Issued Patents: 22
- Patent Families: 8
Specialized Genetic Engineering Technologies
LogicBio leverages advanced genetic engineering capabilities.
Technology | Specific Application |
---|---|
CRISPR-based Editing | Precise Genetic Modification |
Gene Transfer Mechanisms | Targeted Genetic Interventions |
LogicBio Therapeutics, Inc. (LOGC) - Business Model: Value Propositions
Innovative Genetic Medicine Solutions for Rare Diseases
LogicBio Therapeutics focuses on developing genetic therapies for rare pediatric diseases. As of Q4 2023, the company has:
Therapeutic Area | Development Stage | Target Indication |
---|---|---|
Methylmalonic Acidemia (MMA) | Phase 1/2 Clinical Trial | Rare Metabolic Disorder |
Crigler-Najjar Syndrome | Preclinical Research | Rare Genetic Liver Disease |
Potential for Long-Lasting Genetic Therapies
LogicBio's GeneRide™ technology platform aims to provide potentially curative genetic interventions with:
- Single-dose treatment potential
- Sustained genetic modification
- Targeted gene expression
Precision Gene Editing Technologies
Investment in gene editing research as of 2023:
Research Category | Investment Amount |
---|---|
R&D Expenditure | $27.4 million |
Patent Portfolio | 12 granted patents |
Advanced Therapeutic Approaches for Genetic Disorders
Key technological capabilities include:
- CRISPR/Cas9 gene editing
- Proprietary GeneRide™ platform
- Precision genetic intervention strategies
Transformative Treatments Targeting Unmet Medical Needs
Clinical development pipeline metrics:
Metric | Value |
---|---|
Active Clinical Trials | 2 |
Rare Disease Programs | 3 |
Potential Patient Population | Approximately 5,000 patients |
LogicBio Therapeutics, Inc. (LOGC) - Business Model: Customer Relationships
Direct Engagement with Rare Disease Patient Communities
LogicBio Therapeutics maintains direct patient community interactions through:
- Rare genetic disease support group partnerships
- Patient advisory board consultations
- Virtual and in-person patient engagement events
Patient Community Engagement Metrics | 2023 Data |
---|---|
Rare Disease Support Groups Engaged | 7 |
Patient Advisory Board Members | 12 |
Patient Engagement Events | 4 |
Scientific Collaboration and Communication
LogicBio maintains scientific relationships through:
- Academic research institution partnerships
- Collaborative research agreements
- Scientific conference presentations
Scientific Collaboration Metrics | 2023 Data |
---|---|
Academic Research Partnerships | 5 |
Collaborative Research Agreements | 3 |
Scientific Conference Presentations | 6 |
Transparent Clinical Trial Reporting
Clinical trial transparency metrics include:
- Regular clinical trial updates
- Public data sharing platforms
- Comprehensive trial result communications
Clinical Trial Reporting Metrics | 2023 Data |
---|---|
Clinical Trials Reported | 2 |
Public Data Sharing Platforms Used | 3 |
Trial Result Communications | 4 |
Medical Professional Education and Outreach
LogicBio's medical professional engagement includes:
- Medical symposium participation
- Continuing medical education programs
- Physician research collaboration
Medical Professional Outreach Metrics | 2023 Data |
---|---|
Medical Symposiums Attended | 5 |
CME Programs Conducted | 3 |
Physician Research Collaborations | 6 |
Personalized Therapeutic Development Approach
Personalization strategy focuses on:
- Genetic disease-specific research
- Individualized therapeutic targeting
- Patient-specific genetic analysis
Personalized Therapeutic Development Metrics | 2023 Data |
---|---|
Genetic Disease Research Programs | 4 |
Personalized Therapeutic Targets | 3 |
Patient Genetic Analyses Conducted | 12 |
LogicBio Therapeutics, Inc. (LOGC) - Business Model: Channels
Direct Scientific Conferences and Presentations
LogicBio Therapeutics utilizes scientific conferences for channel communication, with participation in 3-4 key biotechnology conferences annually.
Conference Type | Annual Participation | Target Audience |
---|---|---|
Gene Therapy Conferences | 2 | Scientific Researchers |
Rare Disease Symposiums | 1-2 | Clinical Researchers |
Biotechnology Industry Publications
LogicBio communicates through 6-7 peer-reviewed scientific journals annually.
- Nature Biotechnology
- Molecular Therapy
- Human Gene Therapy
Investor Relations Communications
Quarterly financial communications include:
Communication Channel | Frequency |
---|---|
Earnings Calls | 4 times/year |
Investor Presentations | 2-3 times/year |
Clinical Research Networks
LogicBio maintains 5-6 active clinical research partnerships.
Digital Scientific Communication Platforms
Digital engagement includes:
- Company Website
- LinkedIn Corporate Page
- Scientific Repository Platforms
Digital Platform | Follower/Engagement Count |
---|---|
3,500+ followers | |
Corporate Website | 5,000+ monthly visitors |
LogicBio Therapeutics, Inc. (LOGC) - Business Model: Customer Segments
Rare Disease Patients
LogicBio Therapeutics focuses on rare genetic disorders affecting approximately 400 million people globally. Specific patient population for key target conditions:
Rare Disease | Estimated Patient Population |
---|---|
Methylmalonic Acidemia (MMA) | 1 in 50,000 to 1 in 100,000 births |
Ornithine Transcarbamylase (OTC) Deficiency | 1 in 14,000 to 1 in 77,000 births |
Pediatric Genetic Disorder Patients
Target demographic for genetic therapies:
- Age range: 0-18 years old
- Genetic disorder prevalence: Approximately 10% of pediatric patient population
- Estimated annual market value: $12.5 billion in pediatric genetic therapies
Medical Research Institutions
Key research partners include:
Institution Type | Number of Potential Partners |
---|---|
Academic Research Centers | 87 specialized genetic research institutions |
Children's Hospitals | 53 major pediatric research hospitals |
Genetic Therapy Specialists
Target professional segments:
- Geneticists: Approximately 4,500 practicing in United States
- Pediatric Genetic Specialists: Around 2,300 professionals
- Average annual research funding per specialist: $350,000
Pharmaceutical Partners
Potential collaboration targets:
Partner Category | Number of Potential Partners |
---|---|
Large Pharmaceutical Companies | 15 with active genetic therapy programs |
Biotechnology Firms | 42 specializing in genetic interventions |
LogicBio Therapeutics, Inc. (LOGC) - Business Model: Cost Structure
Extensive Research and Development Expenses
For the fiscal year 2023, LogicBio Therapeutics reported R&D expenses of $26.8 million. The company's research focuses on genome editing technologies and rare genetic diseases.
Fiscal Year | R&D Expenses | Percentage of Total Operational Costs |
---|---|---|
2023 | $26.8 million | 68.3% |
2022 | $33.4 million | 72.1% |
Clinical Trial Investments
LogicBio allocated approximately $12.5 million specifically for clinical trial activities in 2023, covering multiple therapeutic programs.
Intellectual Property Maintenance
Annual intellectual property maintenance costs for LogicBio were approximately $1.2 million in 2023, covering patent filing, prosecution, and maintenance.
- Patent portfolio spanning genome editing technologies
- Ongoing patent applications in multiple jurisdictions
- Continuous investment in protecting proprietary technologies
Scientific Personnel Salaries
LogicBio's scientific personnel salary expenses totaled $15.3 million in 2023, representing a significant portion of operational expenditures.
Personnel Category | Average Annual Salary | Number of Employees |
---|---|---|
Senior Scientists | $210,000 | 22 |
Research Associates | $95,000 | 45 |
Technology Platform Development Costs
Technology platform development investment was $8.7 million in 2023, focusing on advancing genome editing capabilities.
- Continuous enhancement of GENIUS platform
- Investment in computational biology tools
- Advanced gene editing technology research
LogicBio Therapeutics, Inc. (LOGC) - Business Model: Revenue Streams
Potential Future Therapeutic Product Sales
As of Q4 2023, LogicBio Therapeutics has not yet generated commercial product revenue. The company's primary focus remains on developing gene editing therapies.
Research Collaboration Agreements
LogicBio has established research collaboration agreements with strategic partners. In 2022, the company reported collaboration revenue of $3.2 million.
Collaboration Partner | Agreement Type | Reported Revenue (2022) |
---|---|---|
Takeda Pharmaceutical | Gene Editing Research | $3.2 million |
Licensing Technology Platforms
LogicBio's GeneRide™ platform represents a key potential revenue stream through technology licensing.
- Proprietary gene editing platform
- Potential for future licensing agreements
- No specific licensing revenue reported in 2023
Milestone Payments from Pharmaceutical Partnerships
LogicBio has potential milestone payment structures with pharmaceutical partners.
Partner | Potential Milestone Payments | Program Focus |
---|---|---|
Takeda Pharmaceutical | Up to $380 million | LB-001 Hemophilia A Program |
Potential Grant Funding and Research Investments
LogicBio has received research funding and investments to support its therapeutic development.
- Total funding raised: $213.4 million (as of December 31, 2022)
- Net cash and investments: $107.4 million (Q4 2022)
- Research grant potential from scientific institutions
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