Company intelligence / Profile preview

ARCA biopharma, Inc.

Westminster, Colorado, USAorukatx.com ↗
Ownership
Public · ABIO
Development stage
Preclinical
01

Overview

ARCA biopharma was a clinical-stage company focused on precision medicine approaches for cardiovascular disease. Its lead program Gencaro showed mixed results in a Phase IIb trial for atrial fibrillation but did not meet superiority endpoints. The company also advanced rNAPc2 as a novel anticoagulant therapy targeting COVID-related coagulopathy into late-stage clinical trials. In April 2024, ARCA announced a merger with Oruka Therapeutics to form a new entity focused on advancing best-in-class biologic therapies—specifically monoclonal antibodies targeting IL‑23p19 and IL‑17A/F—for chronic skin diseases such as psoriasis. The combined company will operate under the name Oruka Therapeutics.[9][6][4]

Therapeutic areas
HematologyImmunologyCardiovascularInfectious Diseases
Modalities
Small molecules (e.g., Gencaro/bucindolol hydrochloride)Protein therapeutics (e.g., rNAPc2/AB201)Monoclonal antibodies (in pipeline post-merger with Oruka Therapeutics)[5][4]DNA vaccine and therapeutic vaccine (historically in pipeline)[5]
Industry
Biotech
02

Drug pipeline

3 assets

ORKA-001

Pre-clinical
Indications
Psoriasis

2 more assets in the full pipeline.

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03

Partnerships

Post-merger financing led by Fairmount and Venrock Healthcare Capital Partners with participation from RTW Investments, Access Biotechnology, Commodore Capital, Deep Track Capital, Perceptive Advisors, Blackstone Multi‐Asset Investing, Avidity Partners etc.[4]
04

Financials

Market cap
$34.8M
Total revenue
$0
Enterprise value
$-836.2M

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