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Oxular

Biotech & Life Sciences · Oxford, United Kingdom · Founded 2014

Long-acting retinal therapies delivered via suprachoroidal space MoreLess

Oxular is a clinical-stage biotechnology company that was founded in 2014 by Tom Cavanagh and Ron Yamamoto. The company focuses on developing long-lasting treatments for retinal diseases to improve patients' vision. In January 2025, Oxular was acquired by Regeneron Pharmaceuticals, a global biotechnology firm, although financial terms were not disclosed.

Oxular's core business revolves around its proprietary drug delivery technology. This includes the Oxuspheres™, a biodegradable polymer system for sustained drug release, and the Oxulumis™, a minimally invasive, semi-automated microcatheter for administration. This combination allows for targeted delivery of therapeutics to the suprachoroidal space in the eye, aiming for a once-yearly treatment cycle. This approach is designed to increase treatment effectiveness, enhance patient safety by reducing side effects, and lower the frequency of clinic visits compared to existing standards of care.

The company's lead product candidate, OXU-001, is a dexamethasone formulation designed to treat diabetic macular edema (DME), a leading cause of blindness in young adults. In October 2023, Oxular initiated the OXEYE Phase 2 clinical trial to evaluate the safety and efficacy of a single administration of OXU-001 over a 52-week period. The pipeline also includes treatments for other conditions like age-related macular degeneration and rare indications such as retinoblastoma (OXU-003).

Prior to its acquisition, Oxular had raised a total of $57.5 million over two funding rounds. A Series A round in July 2016 raised $20.5 million, followed by a $37 million Series B round in March 2021, which was led by Forbion and included investors like IP Group, NeoMed, and V-Bio Ventures.

Keywords: retinal therapeutics, suprachoroidal delivery, long-acting drug delivery, diabetic macular edema, ophthalmology, Oxuspheres, Oxulumis, dexamethasone formulation, gene therapy delivery, clinical-stage biotech, retinal disease treatment, minimally invasive administration, ocular drug delivery, sustained-release formulation, macular degeneration, retinoblastoma, posterior eye diseases, vision loss treatment, ophthalmic drug-device combination, single-administration treatment

Valuation $100–250M
Revenue $1–10M
Headcount <100
Total funding $50–100M
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Oxular and the history behind them.

Talent graph

Oxular's talent

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Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

5 investors on Oxular's cap table

Sourced from Dealroom's funding history.

Series A 5 investors entered at this stage
Imperial Innovations
Consort Medical
Bionova Capital
V-Bio Ventures
Forbion Capital Partners

Global footprint

Where Oxular has talent and traffic

Workforce by country
2 countries with
team presence
🇬🇧 United Kingdom75%
🇺🇸 United States25%
2 countries shown

Market sentiment

What the market is saying about Oxular

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Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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