ABOUT KALOCYTE

KaloCyte, Inc., a pre-clinical stage healthcare biotech startup company, is located at the University of Maryland, Baltimore (UMB) as an Affiliate of the UM BioPark and was selected as a BLUE KNIGHT™ company. KaloCyte’s offices and labs are sited within the UM School of Medicine’s Center for Blood Oxygen Transport and Hemostasis (CBOTH) directed by Allan Doctor, MD (KaloCyte Co-Founder and CSO). KaloCyte was incorporated in 2016 by co-founders Dr. Doctor, Dipanjan Pan, PhD and Phil Spinella, MD – expert researchers in physiology, bioengineering, and trauma care. KaloCyte has demonstrated proof of concept for ErythroMer, a dried, bio-inspired artificial red blood cell envisioned for use when stored red blood cells are unavailable, undesirable or in short supply. KaloCyte is supported by $17M in NIH and DOD grants and over $5M in investor funding (cumulative to date).

KaloCyte History

2025
Current Year To Date
  • Selected to join BLUE KNIGHT™
  • Featured in The New Yorker: The Long Quest for Artificial Blood
  • Qualified Maryland Biotech Company (QMBC) for State Biotech Investment Initiative Tax Credit (BIITC)
  • Subcontract for DARPA FSHARP renewed for Year 3
  • Team expanded to 11 employees
2024
Capital Efficient Scale-Up
  • Featured in ScienceThe ultimate blood substitute? The U.S. military is betting $46 million on it / Science / AAAS
  • Raised additional $0.7M of bridge round
  • Team expanded to 10 employees, plus one intern
  • Awarded DoD CMRP TTDA grant ($2.5M) for lyophilization optimization
  • Subcontract for DARPA FSHARP expanded by $500K
  • Maryland Tech Council ICON Awards finalist – Emerging Life Science CEO of the Year
  • Qualified Maryland Biotech Company (QMBC) for State Biotech Investment Initiative Tax Credit (BIITC)
2023
Traction
  • Opened new bridge round, raised $1M
  • Grew team to 9 employees, plus one intern
  • Awarded NIH Phase 2B grant ($3M) for IND-enabling toxicology studies
  • Subcontract for DARPA FSHARP $46M consortium award to UMB ($3.2M to KaloCyte)
  • Comcast RISE Award recipient
  • Maryland Tech Council ICON Awards finalist – Emerging Life Science Company of the Year
  • Qualified Maryland Biotech Company (QMBC) for State Biotech Investment Initiative Tax Credit (BIITC)
  • Finalist in the 8th Annual Biohealth Capital Region’s Crab Trap Pitch Event
2022
Expansion
  • Raised $1M convertible note
  • Expanded space, scientific team and expertise (total 8 employees); hosted first intern from UM School of Pharmacy (UM-SOP)
  • Entered national phase with EM V2 patent filings in 11 target countries/regions
  • Filed joint IP with UM for EM clearance system
  • Awarded Maryland Industrial Partnerships (MIPS) Phase 2 grant ($100K) with UM-SOM
  • Angel Capital Association Summit – Innovation Funders Showcase winner
  • PitchForce A-Round – First Place winner
2021
Pre-IND Meeting
  • Raised $1M convertible note
  • Expanded scientific team with 2 new scientists (total 5 employees)
  • Awarded NIH CRP SB1 grant ($500K)
  • Filed and published EM V2 patent (US and PCT)
  • Held Pre-IND Meeting with FDA CBER
  • Awarded Maryland Industrial Partnerships (MIPS) Phase 1 grant ($100K) with UM-SOM
2020
Core IP Filed
  • Raised $1M convertible note
  • Filed provisional patent application for lead candidate, EM V2
2019
Relocation
  • Moved to Baltimore, MD as a University of Maryland (UM) BioPark Affiliate
  • Leased lab and office space in new Center for Blood Oxygen Transport & Hemostasis (CBOTH) at UM School of Medicine (UM-SOM)
  • Awarded NIH Ph1 SBIR grant ($375K)
  • Subaward on Haima Therapeutics’ DoD CDMRP CRRP grant ($1.6M)
  • Participated in NIH CAP accelerator program
  • Held INTERACT Meeting with FDA
2018
Initial Funding & Hires
  • First seed funding ($800K) equity
  • Board of Directors expanded
  • First scientists hired
  • CEO recruited
  • Startup Connection Event: Rubin Brown Award
2017
First Grants & Public Results
  • American Society Hematology (ASH), awarded “Best of ASH” & press release
  • Awarded NIH NHLBI Fast Track STTR grant ($2M)
  • Awarded DoD CDMRP grant ($3M)
2016
KaloCyte Forms
  • KaloCyte, Inc. formed as a Delaware C-Corporation
  • Patents issued, ‘Quick Start License’ with WUSTL
  • Board of Directors and Scientific Advisory Board form
2010-2015
ErythroMer Design Conception

by Drs. Pan, Doctor & Spinella
at Washington University in St. Louis (WUSTL)

  • Bench Pilot Work
    Formulation demonstrates key requirements
    Novel transfusion models
  • First in vivo POC
    Efficacy for hemorrhagic shock and 70% blood exchange
    Formulation ErythroMer (EM) V1
  • First Funding & Support
    Children’s Discovery Institute OAIF Grant ($1M)
    Invention Disclosure (WUSTL)
    Bear Cub award ($75K)
  • Incubator Program: BioGenerator Fundamentals

CONTACT US

info@kalocyte.com

670 West Baltimore Street
HSRF III, 8th Floor
Baltimore, Maryland 21201

ABOUT US

KaloCyte was founded by a distinguished team of researchers in physiology, bioengineering, and trauma care and is poised to deliver ErythroMer, a dried, bio-inspired artificial red blood cell, to market. ErythroMer is envisioned for use when stored red blood cells are unavailable, undesirable or in short supply. KaloCyte is supported by over $20M in federal grants and investor funding.