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LogicBio Therapeutics, Inc. (LOGC): Business Model Canvas [Jan-2025 Updated]

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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
LinkedIn 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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