Milestone capital
Staged, milestone-based funding for toxicology, manufacturing and clinical trials — structured to minimize dilution.
We back families building biotechs for their children — with capital, expertise and hands-on operations — so you can focus on the cure.
What you get
Built around the realities of parent-founders: urgency, personal stakes, limited bandwidth.
Staged, milestone-based funding for toxicology, manufacturing and clinical trials — structured to minimize dilution.
A rare-disease KOL advisory board, protocol and endpoint design, and day-to-day CRO and CDMO management.
Orphan and Rare Pediatric Disease Designation, IND/NDA preparation and FDA meeting strategy.
Portfolio audits, freedom-to-operate analysis and patent support.
Designation first: we help you secure RPDD (or ODD) before major funding.
Why it mattersHow it works
Five clear steps. If your program qualifies for a PRV, sale terms are set out in the final agreement.
Get to know each other and your program.
Your science, team and needs.
We evaluate; brief follow-up if needed.
Scope and a non-binding term sheet.
Our partnership begins.
FAQ
A family-founded company: a biotech started by parents of a child with a rare disease. FAMCOs are who we were built for.
No. We’re a purpose-built accelerator: milestone capital plus hands-on operational services.
Milestones that advance a PRV-eligible asset towards FDA approval — toxicology, API and drug product manufacturing, and clinical trial preparation and execution.
Per FDA guidance, it must meet two criteria. First, it is “a serious or life-threatening disease in which the serious or life-threatening manifestations primarily affect individuals aged from birth to 18 years.” Second, it is a rare disease or condition: it affects fewer than 200,000 people in the U.S., or more than 200,000 with no reasonable expectation that U.S. sales will recover the cost of developing and making the drug available. FDA, Rare Pediatric Disease Priority Review Vouchers (draft guidance, July 2019) (PDF, opens in a new tab).
We help you secure Rare Pediatric (or Orphan Drug) Designation before major funding. It also simplifies a future PRV request.
Terms are set in the final agreement. In general, proceeds are shared between the family-founders and 1000 Cures.
Together, we turn parent-powered science into real cures.