- CEO
- M. Michelle Berrey
- Full Time Employees
- 7
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- Room 325, 55 Claverick Street Providence RI United States of America 02903
- IPO Date
- Nov 8, 2021
- Business
- Ocean Biomedical, Inc. (NASDAQ:OCEA) is a biopharmaceutical company focused on discovering, developing, and commercializing novel therapeutic products targeting oncology, fibrosis, and infectious diseases. Founded in 2019 and headquartered at 55 Claverick Street, Room 325, Providence, Rhode Island, the company operates primarily in the United States through partnerships with leading research institutions and scientists worldwide, including Brown University affiliates; it functions as a subsidiary of Poseidon Bio, LLC. Its core pipeline includes oncology candidates such as OCX-253, an anti-Chi3l1 single-target monoclonal antibody (mAb), OCX-410, an anti-Chi3l1/PD-1 bi-specific antibody, and OCX-909, an anti-Chi3l1/CTLA-4 bi-specific antibody, all for non-small cell lung cancer and glioblastoma multiforme; fibrosis candidates like OCF-203, a small molecule targeting Chit1 for idiopathic pulmonary fibrosis and Hermansky-Pudlak syndrome; and infectious disease candidates for malaria comprising ODA-570 vaccine, ODA-611 anti-PfGARP humanized mAb therapeutic, and ODA-579 anti-PfGARP small molecule therapeutic, utilizing the WPDS platform. In October 2024, Ocean Biomedical secured a 22% fully-diluted ownership stake in Virion Therapeutics through a revised $9 million investment agreement involving cash and equity, amending a prior November 2023 arrangement and marking a strategic expansion into additional pharmaceutical assets; the company also debuted as a publicly traded entity in February 2023 via a business combination with Aesther Healthcare Acquisition Corp. and, as of April 2025, announced diversification into energy and digital asset sectors, including data center power infrastructure and Bitcoin investments, to generate recurring revenue supporting its biopharma growth.