Rinri Therapeutics: Pioneering Solutions for Sensorineural Hearing Loss 

Interview with Simon Chandler, CEO of Rinri Therapeutics By Caitlin Dolegowski, Marketing Manager, LSN

Simon-Chandler
Simon Chandler
CaitiCaitlin Dolegowski

Rinri Therapeutics is at the forefront of advancing treatments for sensorineural hearing loss, a condition affecting millions worldwide for which no disease-modifying therapeutics are currently available. In this interview, we explore how Rinri’s pioneering stem-cell-based approach aims to restore cochlear function, the company’s progress toward clinical trials, and their experience at RESI conferences as they build connections with investors to bring transformative solutions to patients.

Caitlin Dolegowski (CD): Can you share a brief overview of Rinri Therapeutics and the unmet medical need your technology addresses?

Simon Chandler (SC): Hearing loss represents a massive global unmet medical need, with over 500 million people worldwide living with disabling hearing loss. This prevalence is comparable to major chronic conditions such as diabetes and osteoarthritis. Despite its significant impact on quality of life, there are currently no disease-modifying therapeutics for hearing loss. The only available options—hearing aids and cochlear implants—are palliative devices that address the symptoms rather than the root cause of hearing loss.

Furthermore, these devices rely on functional auditory neurons to perform effectively. This limitation means they often underperform in patients with poor cochlear innervation, including those with age-related hearing loss (presbycusis) and auditory neuropathy spectrum disorder. Together, these conditions affect an estimated 7 million patients in high-income countries alone.

At Rinri Therapeutics, our pioneering approach seeks to restore cochlear function by replacing the deficient or missing cells in the cochlea with functional replacements. Using progenitor cells derived from pluripotent stem cells, we aim to fundamentally address the root cause of sensorineural hearing loss and offer a transformative therapeutic solution.

CD: What sets your therapeutic approach apart from others in the same field, and what stage of development are you currently in?

SC: The majority of current hearing loss research focuses on otoprotection—attempting to prevent further hearing loss after an ototoxic event. Additionally, while gene therapies have emerged as a potential solution for hereditary hearing loss, these genetic conditions are exceedingly rare. As a result, gene therapies alone cannot address the predominant causes of hearing loss, particularly acquired sensorineural hearing loss, which accounts for approximately 90% of all cases.

At Rinri, we are taking a fundamentally different approach. Sensorineural hearing loss is primarily caused by the death or damage of auditory sensory cells in the cochlea. Our innovative hypothesis is that the optimal way to restore hearing is to replace these damaged or missing cells with functional equivalents. While this concept has been pursued in academic research for over two decades, Rinri’s technology is the first to demonstrate the functional restoration of hearing in preclinical models of neural hearing loss.

We have made significant progress and are currently transitioning from preclinical development to clinical validation. Key milestones include the successful manufacture of GMP-compliant clinical drug substance (DS) and the completion of pivotal GLP toxicology studies. These achievements place us on track to initiate first-in-human (FIH) clinical trials in 2025.

CD: How do you envision your technology impacting patient care in the long term?

SC: Our long-term vision is to revolutionize the treatment landscape for hearing loss by establishing therapeutics as a cornerstone of patient care. Our therapy has the potential to significantly enhance the effectiveness of existing interventions, such as cochlear implants and even hearing aids, by serving as an adjunctive therapy that improves cochlear function.

Additionally, for patients with auditory neuropathy spectrum disorder, our technology could be deployed as a standalone monotherapy, offering a groundbreaking solution to a condition for which there are currently no viable treatment options. Through these channels, we believe our therapy will dramatically improve hearing outcomes and significantly enhance the quality of life for millions of patients worldwide.

CD: What are the key milestones Rinri Therapeutics is aiming to achieve in the next year?

SC: The upcoming year will be pivotal for Rinri Therapeutics as we transition from preclinical development to early clinical validation. Key milestones include:

Securing the Clinical Trial Authorization (CTA): Finalizing our regulatory submission and gaining approval to initiate first-in-human clinical trials.

Initiating the First-in-Human (FIH) Trial: Embarking on the trial and enrolling the first cohort of patients.

Scaling Manufacturing Capabilities: Advancing the scaling of our manufacturing processes to ensure a smooth transition to later-stage development.

Demonstrating Clinical Proof-of-Concept (POC): Progressing rapidly to generate early clinical data that validates the therapeutic potential of our approach.

These milestones are critical to accelerating our journey toward delivering transformative solutions to patients and positioning Rinri as a leader in hearing restoration therapeutics.

CD: This was your first time attending a RESI conference. How did the event compare to your expectations?

SC: Attending RESI London for the first time was a refreshing and highly positive experience. The event exceeded my expectations in several ways. The atmosphere was welcoming and collaborative, which created a conducive environment for meaningful interactions. What stood out most was the exposure to a unique group of investors—those with a specific interest in early-stage, cutting-edge technologies. These are exactly the type of investors we aim to connect with at Rinri, so the conference provided an excellent platform to engage with individuals who understand the risks and rewards of innovative science-driven ventures.

CD: What was your experience like participating in the Innovator’s Pitch Challenge, and how valuable was the feedback from the judges?

SC: Participating in the Innovator’s Pitch Challenge was both an exciting and enriching experience. The 6-minute format presented a dual challenge: condensing a complex value proposition into a brief window of time while ensuring that the key points landed effectively. At the same time, it was an excellent exercise in focus and clarity – forcing us to prioritize the most critical aspects of Rinri’s story.

While we have presented pitches in other settings before, the judges’ questions at RESI were insightful and constructive. Their feedback offered valuable perspectives on how to refine and iterate our presentation, making it clearer and more impactful for future audiences. Such iterative improvements are essential to ensuring that our messaging resonates with diverse investor groups and maximizes our appeal.

CD: You’ll be attending RESI JPM next. What are you hoping to achieve or build upon from your RESI London experience?

SC: Building on the momentum from RESI London, we aim to broaden our investor reach at RESI JPM by engaging with a more diverse and international audience, particularly investors from the US and East Asia. These regions represent significant opportunities for Rinri, given their robust interest in innovative biomedical technologies.

We also plan to apply the lessons learned from the Innovator’s Pitch Challenge and our networking activities in London to enhance our engagement strategy. This includes refining our pitch further, leveraging the feedback received, and being even more targeted in our discussions with investors. Ultimately, we hope to secure strong connections that will advance Rinri’s fundraising goals and strategic partnerships.

CD: Beyond the Pitch Challenge, what aspects of RESI did you find most beneficial, such as the partnering meetings or investor panels?

SC: While the Pitch Challenge was a key highlight, the partnering meetings and broader networking opportunities were equally invaluable. The ability to sit down with potential investors for in-depth discussions allowed us to expand beyond the constraints of a 6-minute pitch. These longer conversations provided an opportunity to thoroughly articulate Rinri’s value proposition, address specific questions, and explore potential synergies in greater detail.

Additionally, the investor panels were informative, offering insights into current trends, investment priorities, and what drives decision-making within the early-stage biotech sector. This knowledge will be instrumental in shaping our approach as we engage with investors at RESI JPM and beyond.

Life Science Nation Redefines Investment Across Every Stage

By Dennis Ford, Founder & CEO, Life Science Nation (LSN)

DF-News-09142022Life Science Nation (LSN) has long been a cornerstone in facilitating early-stage investments for life science startups, focusing on seed rounds, Series A, and Series B funding. Now, LSN is broadening its scope to encompass mid-stage and late-stage investments, recognizing the evolving needs of the life science ecosystem.

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RESI’s Evolution: A Comprehensive Investment Platform

The 50th RESI (Redefining Early Stage Investments) conference marks a significant milestone in LSN’s journey. This event now embodies a broader mission: “Redefining Every Stage of Investment”. By expanding its focus, RESI has become an essential platform for advancing technologies across the entire spectrum of life sciences, including therapeutics, diagnostics, medical devices, and digital health.

Expanding Investment Horizons

LSN’s decision to broaden its expertise stems from a deep analysis of its extensive database of 4,000 investors and insights gathered from RESI events. This research revealed a critical opportunity: many investors active in early-stage funding also play significant roles in mid- and late-stage rounds.

Key Observations:

  • Companies progressing through funding rounds face increasingly complex financial needs
  • Syndicates become crucial for pooling resources and meeting these requirements
  • Globally expanding companies benefit from geographically diverse investor syndicates

Leveraging Global Networks

To address these evolving needs, LSN is tapping into its global network to create more opportunities for life science companies at every stage of growth. This approach not only provides access to capital but also brings expertise and market access to the table, particularly beneficial for companies expanding internationally.

A Milestone Worth Celebrating

The 50th RESI conference is not just a celebration; it’s a testament to the transformative role RESI plays in building partnerships and fostering innovation in the life science sector. As LSN continues to expand its scope, it remains committed to helping life science entrepreneurs secure the funding and partnerships needed to bring groundbreaking technologies to market. This expansion of focus ensures that life science innovators—whether in early-stage research or seeking commercialization funding—have access to tailored investment opportunities throughout their growth journey.

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Hot Investor Mandate: Corporate Venture Arm of Global Supplier Invests in Life Science Companies of All Stages, Strong Interests in Aging and Chronic Disease 

A corporate venture arm of a leading global supplier is interested in investing in other areas including health, mobility, and energy and environment. The firm is a co-GP of a fund dedicated to investing in early-stage startups as well as larger growth investments for follow-ons. The firm also has an additional USD $1.5B dedicated to 2030 for both minority growth and majority investing. As the fund is stage-agnostic and is active in early-, mid-, and late-stage, check sizes are flexible and have ranged between USD $500k-60M. The firm has a global mandate but has strong interest in North American companies. 
 
The firm has a deep interest in the medical space. The fund looks at therapeutics, medtech, diagnostics, and digital health. Though the fund is somewhat agnostic to the therapeutic area, they tend to target aging populations. Indications of interest include respiratory diseases, wound care and chronic diseases with its downstream treatment and associated economics, as well other comorbidities that complicate patient treatment such as cancer care, neurology, dementia, and behavioral health conditions. 
 
The firm does not have strict requirements but prefers to lead or co-lead investments and take a board or observer seat at minimum. 

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com.

Hot Investor Mandate: VC Firm With Single LP Invests Up to $15M in Growth-Stage Healthcare Companies in US and Canada

A venture capital firm, with a single LP, has offices in the US. The group looks to make growth-stage investments in the form of preferred equity, ranging from $2M-$7M initially, with additional capital reserved for follow-on financings, typically up to $15M over the life of the investment. The firm usually leads rounds, but is also open to syndicating with other investors. The firm looks to do 3-4 deals a year, and invests in U.S. and Canadian companies. Prospective companies may have some business overseas as long as they are headquartered in the U.S. or Canada. 
 
The firm solely invests in healthcare companies, and is open to any healthcare companies that do not require FDA approval for their product/service. Some of the firm’s recent healthcare investments include a predictive and interventive artificial intelligence platform for health plans and risk bearing providers as well as a next generation drug spend savings platform for employers and health plans. 
 
The firm typically looks for growing companies with a run rate of at least $1M or a signed contract that would put them at a $1M run rate. The firm has no strict requirements in terms of management team, and oftentimes works with first-time entrepreneurs. The firm looks to take a board seat along with an investment. 

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com.

Hot Investor Mandate: Healthcare-Focused Growth Equity Firm Invests in All Life Science Sectors, Focusing on Later Stage Opportunities Close to Commercialization 

A healthcare-focused Growth Equity firm currently manages $1 billion and provides $20-100 million of equity capital per company over the life of the investment. With offices in Boston and London, the firm is primarily looking for companies throughout North America and Europe. 
 
The firm is currently interested in companies in areas of medical technology, biopharmaceuticals, diagnostics, medical devices, life sciences tools, digital health, and veterinary medicine. Significant emphasis is placed on the clinical utility and health economics of potential investments. The firm focuses on later-stage opportunities that are already commercialized or are close to commercialization. The firm is open in terms of indications. 
 
The firm looks for management teams that are very willing to work alongside them, and the firm generally looks to take a board seat. The firm is open to investing in both public and privately held companies, is open to a variety of deal structures, and can consider equity investments or buy-out opportunities. 

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com.

Hot Investor Mandate: New Hedge Fund Subsidiary Invests in Pre-Seed to Series A Startups in US and Europe, Most Interested in Diagnostics and Healthtech Technologies

A newly formed subsidiary of a hedge fund is based in the US. The firm is interested in healthcare and data looking to build predictive disease risk models and has dedicated USD $20M to make investments to early-stage startups in Pre-Seed to Series A rounds. Initial check sizes can go up to USD $2M and the firm can lead or co-invest. The firm does not have geographical restrictions, however, prefers the U.S. and Europe. 
 
The firm is interested in diagnostics and health-tech companies. Specifically, the firm would like to see technologies that allow people to understand and quantify their health including, but not limited to, technologies that help analyze health data, applications and algorithms, mobile applications, and technologies that cater to the medical community to increase work efficiency. The firm would like to see a working prototype that is somewhat validated. 
 
The firm may take a board seat on a case-by-case basis. 

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com.

RESI Panelists at RESI JPM 2025

By Claire Jeong, Chief Conference Officer, Vice President of Investor Research, Asia BD, LSN

The Life Science Nation (LSN) team is gearing up for next year’s highly anticipated RESI JPM conference in San Francisco. With a curated program featuring 7 dynamic panels, attendees can expect to gain the latest perspectives on early-stage life science and healthcare investment opportunities. The investor panels at RESI JPM will be Corporate VC, Women’s Health, Medical Device, Pediatrics, Big Pharma, Oncology Innovation, and Longevity Investment.

LSN has assembled diverse panelists representing various investment groups, including corporate venture capitalists, women’s health advocates, early-stage therapeutics, and oncology innovation leaders. These experts will share their strategies, approaches to early-stage investment, perspectives on industry landscapes, insights into startup ecosystems, and much more. As a truly global conference, RESI JPM will also welcome numerous international investors and cross-border investment groups, fostering dynamic discussions and facilitating valuable networking opportunities.

The primary goal of the RESI panels is to facilitate constructive conversations between investors and fundraising CEOs. Attendees can expect to receive tactical advice on effective capital-raising strategies and partnership acquisition, empowering companies to navigate the fundraising journey successfully. These must-attend panels present an unparalleled opportunity for founders and CEOs to engage directly with investors, expand their networks, and gain invaluable insights to propel their businesses forward.

Join the panelists below at RESI JPM 2025!


Jesus Baena

Director BD&L Oncology
Novartis

Elizabeth Bailey

Managing Partner
Foreground Capital

Joshua Barney

Investor
Barrington Angels

Mel Barsky

Managing Partner, CABHI Ventures
Centre for Aging + Brain Health Innovation

Sebright Chen

Chairman and CEO
Summer Atlantic Capital

Jeff Chu

Managing Partner
Features Capital

David Cole

CEO
TOO Futures

Brittany Connors

Director of Investor Relations
SBIR/NCI/NIH

Yaron Daniely

General Partner
aMoon Fund

Tanja Dowe

Managing Director
Angelini Ventures

Gary Gershony

Partner
BayMed Venture Partners

Tom Gibbs

Sr. Investment Director
Debiopharm Innovation Fund

Friedemann Janus

SVP Head of Regional BD & Licensing, Open Innovation and Divestitures
Bayer

MyPhuong Le

General Partner
Aquillius Ventures

Jin Lee

Investor
Oxford Angel Fund

Darwin Ling
Founder & General Partner
Good AI Capital

Hannah Mamuszka

Managing Partner
10Edison Capital

Jeffrey Moore

President
MP Healthcare Venture Management

Nick Naclerio

Founder & Managing Partner
Illumina Ventures

Andrew Offer

Managing Director & CFO
Scientific Health Development Partners

Sonal Panda

Principal
Tau Ventures

Soyoung Park

General Partner
1004 Venture Partners

John Parker

Founder & Managing Director
Springhood Ventures

John Pennett

Angel Investor
Mid Atlantic Bio Angels

Diana Pignalosa

Head of Strategic Partnering
Debiopharm International S.A.

Preetha Ram

Managing Partner
Pier 70 Ventures

Marc Ramis

Managing Partner
Montana Impact Fund

Rachel Strick

Director, BD & Licensing
AbbVie

Leah Villegas

Managing Partner
Aquillius Ventures

Tad Weems

Managing Director
Agilent Technologies

Lu Zhang

Founder and Managing Partner
Fusion Fund

Jackie Zou

Vice President, BD
Myriad Genetics
 
Sa'ar Yaniv

Principal, BD and Corporate Strategy for the Life Sciences
Allagi LifeSci

Tomer Stavitsky

Executive Corporate Development / BD Advisor
Tomer Stavitsky Consulting & Advisory
 

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