Asset Manager

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Jade Biosciences

Tom Frohlich's Jade Biosciences develops JADE101, an APRIL inhibitor for IgA nephropathy, from Paragon Therapeutics-licensed assets.

Jade Biosciences

Jade Biosciences was formed as a clinical-stage company to develop next-generation therapies for autoimmune diseases. The firm's pipeline is sourced from discovery-stage assets licensed from Paragon Therapeutics, an antibody discovery engine founded by Fairmount. Chief Executive Officer Tom Frohlich leads the Philadelphia-based operation alongside a board that includes Eric Dobmeier of Samsara Biocapital and Tomas Kiselak, a founding partner at Fairmount. The company's lead candidate, JADE101, is an inhibitor of the cytokine APRIL — a proliferation-inducing ligand — purpose-built for immunoglobulin A nephropathy (IgAN). Jade’s strategic focus is on redefining standards of care in targeted autoimmune indications, using an asset-acquisition model rather than internal discovery. No public disclosures describe additional portfolio assets beyond JADE101 or other therapeutic areas of active engagement. The geographic focus remains on clinical development in US markets. The leadership team includes President of R&D Andrew King and Chief Medical Officer Edward R. Conner, supported by senior executives covering finance, legal, regulatory, biometrics, and development operations. The board also includes Chris Cain, Director of Research at Fairmount, reinforcing the close operational link between Jade and its discovery partner, as well as Lawrence Klein, CEO of Oruka Therapeutics. No recent operational milestones within the last 24 months are publicly verifiable. Jade Biosciences occupies an unusual structural position: it is a clinical-stage company without a disclosed internal research laboratory. Its pipeline depends entirely on licensed assets from Paragon Therapeutics, making it an execution vehicle for Fairmount-backed science. This hub-and-spoke model — a shared antibody engine enabling multiple portfolio-company programs — is a distinct capital-allocation strategy within autoimmune drug development.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Philadelphia

Corporate office

Philadelphia, United States

Principals

Tom Frohlich

Chief Executive Officer

Andrew King

President, Research & Development

Edward R. Conner

Chief Medical Officer

Brad Dahms

Chief Financial Officer

Eric Dobmeier

Board Chair and Venture Partner, Samsara Biocapital

Chris Cain

Director of Research, Fairmount

Tomas Kiselak

Founding Partner, Fairmount

Lawrence Klein

Chief Executive Officer, Oruka Therapeutics

Erin Lavelle

Former COO and CFO, ProfoundBio and Eliem Therapeutics

Sector focus

Digital HealthHealthcare Services

Frequently asked questions

Who controls investment and strategic decisions at Jade Biosciences?

Chief Executive Officer Tom Frohlich leads the company, and the board is chaired by Eric Dobmeier of Samsara Biocapital. Founding partner Tomas Kiselak and Director of Research Chris Cain, both from Fairmount, also serve as directors, indicating significant influence from the parent discovery group. No additional investment committee structures are publicly disclosed.

How does Jade Biosciences source its drug candidates?

Jade does not maintain an internal research lab. The company exclusively in-licenses discovery-stage assets from Paragon Therapeutics, an antibody discovery engine founded by Fairmount. This creates a pipeline without the capital outlay typical of early-stage biologics research.

Is Jade Biosciences structured as a family office or a traditional biotech company?

Jade operates as a clinical-stage biotech company, not a family office. The firm does not publicly disclose any ties to a single-family fortune and is backed by institutional life sciences investors Fairmount and Samsara Biocapital, whose representatives sit on Jade's board.

What is Jade's sole publicly disclosed drug program?

JADE101 is the only named asset. The drug is designed to inhibit the cytokine APRIL and is being developed for immunoglobulin A nephropathy (IgAN). The company does not specify a timeline for clinical data or additional indications in its public materials.

Does Jade Biosciences maintain a philanthropic or foundation arm?

No philanthropic structures or foundations are disclosed in association with Jade Biosciences or its management team.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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