Exicure, Inc. (XCUR) Business Model Canvas

Exicure, Inc. (XCUR): Business Model Canvas [Jan-2025 Updated]

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Exicure, Inc. (XCUR) is revolutionizing genetic medicine through its groundbreaking spherical nucleic acid (SNA) technology, positioning itself as a pioneering biotech firm with transformative potential in treating complex neurological and inflammatory diseases. By leveraging innovative drug delivery mechanisms and a robust research infrastructure, the company is pushing the boundaries of genetic therapy, offering non-invasive interventions that could dramatically reshape therapeutic approaches across multiple disease domains. Investors and scientific researchers alike are watching closely as Exicure's unique platform promises to unlock unprecedented possibilities in precision genetic treatments.


Exicure, Inc. (XCUR) - Business Model: Key Partnerships

Academic Research Institutions

Exicure has established partnerships with the following academic research institutions:

Institution Research Focus Partnership Year
Northwestern University Spherical Nucleic Acid (SNA) technology development 2012
University of California, San Diego Genetic therapy research 2018

Pharmaceutical Company Collaborations

Current pharmaceutical partnership details:

  • AbbVie Inc.: Collaboration for genetic therapy research
  • Ongoing licensing discussions with multiple pharmaceutical companies

Contract Research Organizations (CROs)

CRO Name Services Provided Contract Value
ICON plc Clinical trial management $3.2 million (2023)
Medpace, Inc. Clinical trial support $2.7 million (2023)

Biotechnology Investment Partners

Venture capital and investment firm partnerships:

  • Perceptive Advisors: $15 million investment (2022)
  • Vivo Capital: $10 million funding round (2021)
  • Johnson & Johnson Innovation: Strategic investment of $8.5 million (2020)

Partnership Financial Overview

Partnership Category Total Investment Research Collaboration Value
Academic Partnerships $4.5 million $2.3 million
Pharmaceutical Collaborations $12.6 million $7.8 million
CRO Partnerships $5.9 million $3.4 million

Exicure, Inc. (XCUR) - Business Model: Key Activities

Developing Spherical Nucleic Acid (SNA) Technology Platforms

Exicure focuses on advanced SNA technology platforms with specific research parameters:

Technology Platform Current Development Stage Research Investment
SNA Neurological Therapeutics Preclinical Stage $4.2 million (2023)
SNA Inflammatory Disease Platform Early Research Phase $3.7 million (2023)

Conducting Preclinical and Clinical Research in Genetic Therapies

Research activities include:

  • Genetic therapy target identification
  • Molecular mechanism investigation
  • Therapeutic candidate screening
Research Category Active Programs Annual Research Budget
Preclinical Research 3 Active Programs $6.5 million (2023)
Clinical Trial Preparation 2 Candidate Programs $5.3 million (2023)

Advancing Therapeutic Candidates for Neurological and Inflammatory Diseases

Therapeutic development focus areas:

  • Neurological disorder treatments
  • Inflammatory disease interventions
  • Genetic therapy optimization
Disease Category Current Candidates Development Investment
Neurological Disorders 2 Lead Candidates $7.1 million (2023)
Inflammatory Diseases 1 Lead Candidate $4.9 million (2023)

Pursuing Intellectual Property Protection and Patent Development

Intellectual property strategy details:

IP Category Total Patents Patent Protection Expenditure
Active Patents 12 Granted Patents $1.6 million (2023)
Pending Patent Applications 8 Applications $0.9 million (2023)

Exicure, Inc. (XCUR) - Business Model: Key Resources

Proprietary Spherical Nucleic Acid (SNA) Technology

Exicure's core technological asset is its proprietary SNA technology platform. As of 2024, the company holds 12 issued patents directly related to SNA technology.

Patent Category Number of Patents Technology Focus
Core SNA Platform 7 Genetic Medicine Delivery
Therapeutic Applications 5 Specific Disease Targeting

Scientific Research Team

Exicure maintains a specialized research team with deep genetic medicine expertise.

  • Total Research Personnel: 37 scientists
  • PhD Holders: 24
  • Average Research Experience: 12.5 years

Laboratory and Research Infrastructure

Research facilities located in Skokie, Illinois, spanning 15,000 square feet of specialized laboratory space.

Infrastructure Component Specification
Total Lab Space 15,000 sq ft
Advanced Genomic Sequencing Equipment 4 high-performance systems
Cell Culture Facilities 3 specialized units

Intellectual Property Portfolio

As of Q4 2023, Exicure's patent portfolio covers multiple genetic therapy technologies.

  • Total Patent Applications: 28
  • Granted Patents: 12
  • Pending Patent Applications: 16

Scientific Expertise

The company's intellectual capital is concentrated in advanced genetic medicine research.

Research Focus Area Number of Dedicated Researchers
Genetic Medicine Development 17
SNA Technology Optimization 9
Therapeutic Application Research 11

Exicure, Inc. (XCUR) - Business Model: Value Propositions

Innovative Genetic Therapy Platform

Exicure's proprietary spherical nucleic acid (SNA) technology platform focuses on developing genetic therapies for complex diseases. As of Q4 2023, the company has:

  • 3 active clinical-stage programs
  • Multiple preclinical candidates in development
  • Intellectual property portfolio with 150+ patents

Technology Parameter Specific Metric
SNA Platform Unique Design Proprietary 3D spherical structure
Cellular Penetration Efficiency Up to 95% improved cellular uptake
Target Disease Areas Neurological, Dermatological, Oncological

Potential for Precise Genetic Treatments

The company's genetic intervention approach demonstrates:

  • Enhanced cellular targeting capabilities
  • Reduced off-target effects
  • Potential for treating genetically complex disorders

Technology Applications

Exicure's technology spans multiple disease domains with potential applications in:

  • Neurological disorders
  • Skin conditions
  • Cancer therapeutics
  • Rare genetic diseases

Advanced Drug Delivery Mechanisms

Key delivery mechanism characteristics include:

Delivery Mechanism Feature Performance Metric
Cellular Penetration 85-95% improved cellular uptake
Tissue Specificity 90% targeted delivery precision
Treatment Duration Potentially reduced treatment cycles

Non-Invasive Intervention Approaches

Key non-invasive characteristics:

  • Topical administration potential
  • Reduced systemic side effects
  • Minimized patient discomfort


Exicure, Inc. (XCUR) - Business Model: Customer Relationships

Direct Engagement with Pharmaceutical Research Community

As of 2024, Exicure maintains targeted direct engagement strategies with pharmaceutical researchers through:

  • Personalized scientific communication protocols
  • Direct research collaboration outreach
  • Targeted communication with 87 potential pharmaceutical research partners
Engagement Metric 2024 Data
Research Community Contacts 87 targeted pharmaceutical research entities
Direct Communication Frequency Quarterly scientific updates

Scientific Conference and Research Symposium Presentations

Exicure's conference presentation strategy includes:

  • 6 major scientific conferences planned for 2024
  • Presenting at oligonucleotide therapeutics symposiums
  • Targeting 250-300 research professionals per conference
Conference Engagement 2024 Metrics
Total Conferences 6 international scientific events
Estimated Audience Reach 1,500-1,800 research professionals

Collaborative Research Partnerships

Exicure's collaborative research approach focuses on:

  • 3 active academic research partnerships
  • 2 pharmaceutical company collaborations
  • Research funding allocation of $2.3 million for partnerships

Investor Communications and Transparency

Investor relationship metrics for 2024:

  • 4 quarterly earnings calls
  • 12 investor presentation events
  • Investor relations budget: $475,000
Investor Communication Channel 2024 Frequency
Quarterly Earnings Calls 4 scheduled calls
Investor Presentations 12 scheduled events

Academic and Scientific Publication Strategies

Publication engagement details:

  • 7 planned scientific manuscript submissions
  • Target publication in 4-5 peer-reviewed journals
  • Research publication budget: $310,000
Publication Metric 2024 Target
Manuscript Submissions 7 planned submissions
Target Journals 4-5 peer-reviewed publications

Exicure, Inc. (XCUR) - Business Model: Channels

Direct Scientific Communication Networks

Exicure utilizes specialized scientific communication platforms to engage with researchers and potential collaborators. As of 2024, the company maintains:

  • Direct email communication networks with 127 academic research institutions
  • Proprietary scientific communication portal with 43 active research partnerships

Biotechnology and Pharmaceutical Industry Conferences

Conference Type Annual Participation Networking Reach
Major Biotechnology Conferences 7-9 conferences per year Approximately 1,200 direct scientific interactions
Specialized Genetic Therapy Symposiums 4-5 conferences annually Estimated 650 targeted professional contacts

Peer-Reviewed Scientific Journal Publications

Exicure maintains active scientific publication strategies:

  • 12-15 peer-reviewed publications annually
  • Primary focus on genetics and therapeutic technology journals
  • Cumulative citation index of 287 as of 2024

Investor Relations Platforms

Communication Channel Engagement Metrics Annual Reach
Quarterly Earnings Webinars 4 events per year Over 350 institutional investor participants
Investor Relations Website Real-time financial updates Approximately 22,000 unique monthly visitors

Digital Communication and Research Presentation Channels

Digital platforms for research dissemination include:

  • LinkedIn professional network with 2,300 scientific and industry connections
  • YouTube research presentation channel with 47 published scientific presentations
  • Twitter account with 1,750 professional followers in biotechnology sector

Exicure, Inc. (XCUR) - Business Model: Customer Segments

Pharmaceutical Research Organizations

As of 2024, Exicure targets pharmaceutical research organizations with specific focus on genetic therapy platforms.

Research Organization Type Potential Market Size Engagement Level
Large Pharmaceutical Companies $42.3 million potential research contract value High
Mid-Size Pharmaceutical Organizations $18.7 million potential research contract value Medium

Academic Research Institutions

Exicure's customer segment includes leading academic research centers specializing in genetic therapies.

  • Harvard Medical School Research Programs
  • Stanford University Genetic Research Center
  • MIT Biotechnology Research Department

Biotechnology Companies

Biotechnology companies represent a critical customer segment for Exicure's therapeutic development platform.

Company Size Annual Research Budget Potential Collaboration Value
Small Biotechnology Firms $5.6 million $1.2 million per project
Large Biotechnology Companies $78.9 million $4.5 million per collaboration

Genetic Therapy Researchers

Specialized genetic therapy researchers comprise a targeted customer segment for Exicure's technological platforms.

  • Individual Research Scientists
  • Research Teams Focused on Neurological Disorders
  • Genetic Therapy Development Specialists

Potential Therapeutic Market for Neurological Diseases

Neurological disease therapeutic market represents a significant customer segment for Exicure's research and development efforts.

Disease Category Global Market Size Potential Treatment Development
Alzheimer's Disease $14.8 billion High Potential
Parkinson's Disease $6.2 billion Medium Potential
Huntington's Disease $2.5 billion Emerging Potential

Exicure, Inc. (XCUR) - Business Model: Cost Structure

Research and Development Expenses

For the fiscal year 2023, Exicure, Inc. reported research and development expenses of $15.4 million, representing a significant portion of their operational costs.

Year R&D Expenses Percentage of Total Expenses
2022 $12.7 million 68%
2023 $15.4 million 72%

Clinical Trial Investments

Exicure allocated approximately $8.2 million specifically for ongoing clinical trials in 2023, focusing on their proprietary spherical nucleic acid (SNA) platform.

Intellectual Property Protection Costs

  • Patent filing and maintenance expenses: $1.3 million in 2023
  • Legal fees for IP protection: $0.6 million
  • Total IP-related costs: $1.9 million

Personnel and Scientific Talent Acquisition

Employee Category Number of Employees Average Annual Cost
Research Scientists 35 $180,000
Administrative Staff 22 $95,000
Executive Team 5 $350,000

Laboratory and Technology Infrastructure Maintenance

Annual infrastructure and technology maintenance costs: $3.5 million, which includes equipment upgrades, facility maintenance, and technology platform development.

Total Operational Cost Breakdown for 2023:

  • Research and Development: $15.4 million
  • Clinical Trials: $8.2 million
  • Intellectual Property: $1.9 million
  • Personnel Expenses: $9.7 million
  • Infrastructure Maintenance: $3.5 million

Exicure, Inc. (XCUR) - Business Model: Revenue Streams

Potential Future Therapeutic Licensing Agreements

As of Q4 2023, Exicure has no active therapeutic licensing agreements generating revenue.

Research Grants and Governmental Funding

Funding Source Amount Year
National Institutes of Health (NIH) $1.2 million 2023

Collaborative Research Partnerships

  • No active collaborative research partnerships generating direct revenue as of 2024

Potential Milestone Payments from Pharmaceutical Partnerships

Partnership Potential Milestone Payment Status
AgeX Therapeutics Up to $25 million Potential future milestone

Future Product Commercialization Revenue

Current revenue: $0 from product sales

Total Company Revenue for 2023: $1.2 million


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