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A New Category of Antiviral Design

Decoy Therapeutics is a biotechnology company advancing a new way to treat viral disease.
The company is pioneering Designable Multi-Antivirals (DMAVs), a new category of antivirals engineered to target shared viral mechanisms. By focusing on mechanisms conserved across viruses, DMAVs are designed to enable a single multi-use drug to work against multiple viral threats, moving beyond the traditional one-virus, one-drug model.
DMAVs are built on Decoy’s proprietary peptide conjugate platform, IMP³ACT. The platform integrates AI-enabled design with rapid synthesis and manufacturing, creating a repeatable and scalable approach to antiviral development. This architecture is intended to support faster iteration and broader application across viral families while maintaining clinical rigor.
Decoy’s lead programs are focused on respiratory viruses that continue to drive significant health and societal disruption worldwide. By designing antivirals that reflect how viral threats behave in the real world, the company aims to expand what is possible in prevention and treatment.
Our website is currently being updated to reflect our evolving strategy and platform.
For partnership, investor, or media inquiries, please contact:
contact@decoytx.com
© 2026 Decoy Therapeutics

Pipeline

We are committed to innovation and patient-centric drug development.

Program
Indication
Discovery
Preclinical
Clinic
Pan-Coronavirus

Broad-acting Fusion Inhibitor

SARS-CoV-2 + all other human coronaviruses
Preclinical

Safe early intervention for 5M+ immune-compromised patients with minimal drug-drug interactions, unlike Paxlovid

Pan-Coronavirus Inhibitor for Immunocompromised Patients:
  • In the United States alone, over 10 million individuals are severely immunocompromised. These patients are at heightened risk of negative or life-threatening outcomes from coronaviruses, even in the era of endemic COVID-19.
  • There are limited options for these patients. Antibody therapeutics, such as Evusheld, have not been able to keep up with viral evolution, and Paxlovid, a $2B+/year revenue drug, is limited in its usage because of significant interactions with other drugs that are highly prescribed in high-risk populations.
  • Our lead program is a self-administered nasally inhaled pan-coronavirus fusion inhibitor that has shown in vitro efficacy against all known human coronaviruses, including all variants of COVID-19, and significant activity in multiple animal models. This self-administered nasal spray is expected to offer 8-24 hours of prophylactic protection, and to moderate disease severity when used post-infection.
 
Tripledemic

Broad-acting Fusion Inhibitor

Flu + COVID + RSV antiviral
Discovery

A single antiviral to treat the “big three” viruses that are responsible for 70+% of dangerous virally-driven lower respiratory tract infections

Broad Respiratory Antiviral for Tripledemic (Flu/COVID/RSV):
  • The “tripledemic” and related viruses are responsible for 70+% of virus-driven Lower Respiratory Tract Infections (LRTIs). According to the World Health Organization, LRTIs are the 4th leading cause of death globally and represent a major health burden for both healthy people and very large, high-risk populations including patients suffering from COPD, autoimmune disorders, chronic kidney disease diabetes, obesity, and the elderly.
  • Employing the same mechanism of action and computational models developed in the pan-coronavirus program, we are exploiting highly-conserved structural similarities to design a single antiviral fusion inhibitor that will be effective against all the “tripledemic” and related viruses.
  • We expect this inhaled, self-administered early intervention to be both a $15B+ commercial opportunity and a powerful global public health tool.

Meet the Team

Rick Pierce


Chief Executive Officer

Barb Hibner

PhD

Chief Scientific Officer

Peter Marschel

MS, MBA

Chief Business Officer

Michael Lipp

PhD

Chief Technology Officer

Mark Rosenblum

MAcc, CPA

Chief Financial Officer

Jodi Cooper

MS

Director of Operations

Annie Yan

MAcc, CPA

Corporate Controller


Janna Halloran

PhD

Scientist II, R&D


Chinh Duong

PhD

Scientist II, R&D


Linhai Jiang

PhD

Scientist II, R&D


Taryn Wenberg


Operations Associate


Brad Pentelute

PhD

Technology Advisor


Board of Directors

William McVicar

PhD

Chairman


Rick Pierce





David J. Arthur

MBA




Jonathan Lieber





Tess Burleson

MBA, CPA




Paul Lammers

MD, MSc




Arnold C. Hanish

CPA




Scientific Advisors

Shahin Gharakhanian

MD

Scientific Advisory Board Chair






Dan Kuritzkes

MD

Harriet Ryan Albee Professor of Medicine and Chief of Infectious Disease, Harvard Medical School


Marc B. Garnick

MD

Gorman Brothers Professor of Medicine, Harvard Medical School & Beth Israel Medical Center Special Advisor, US FDA

Yonatan Grad

MD, PhD

Melvin J. and Geraldine L. Glimcher Associate Professor of Immunology & Infectious Diseases, T.H.Chan School of Public Health

Current Focus Areas

Protecting Patients from Infectious Diseases

Problem:

Respiratory infections continue to place a huge burden on healthcare systems worldwide, particularly with the rise of the “tripledemic”: Influenza, COVID-19, and RSV. We need better, broad acting antivirals to prevent and treat people, reducing the significant burdens of respiratory illness.

DECOY TX Solution:

Broad-Acting Antivirals

We are engineering a new class of antiviral therapeutics that can target multiple viral pathogens with a single drug. By leveraging structural similarities across viral families, we aim to create broad-spectrum antivirals that address critical gaps in current treatments for respiratory diseases like Influenza, COVID-19, and RSV.

Bringing Novel Therapies to Patients Suffering From Cancer

Problem:

Colon cancer treatments have seen little innovation over recent decades, still relying on combinations of 5-FU, platinum, irinotecan, and anti-VEGF therapies. There is a critical need to identify new cell membrane targets to expand precision treatment options for the majority of colon cancer patients, including those with advanced or drug-resistant tumors.

DECOY TX Solution:

GPCR-targeted Conjugates

G-Protein Coupled Receptors (GPCRs) play a key role in many serious diseases, including cancer. Our work in this area focuses on developing GPCR-targeted peptide drug conjugates to treat GI tumors, including colorectal cancer, offering new hope for patients with limited treatment options.

Trailblazing Science, Full-Stack Drug Discovery

Engineering Peptide Conjugate Therapeutics

Peptide-conjugates are at the forefront of a new era in drug development. Traditionally, short peptides alone have faced challenges in becoming viable drugs due to their rapid metabolism before reaching their target. However, by linking peptides to secondary moieties, we enhance their drug-like properties, ensuring they reach their intended destinations in the body more effectively.

A Proven Drug Class

Peptide-conjugates such as Wegovy™, Mounjaro™, Ozempic™ have had tremendous success in diabetes and obesity. This underscores the immense potential of this drug class in addressing significant medical needs. 

Expanding Beyond Diabetes and Obesity

At Decoy, we believe that the potential of peptide-conjugates goes far beyond their current use. We seek to leverage the modular nature of peptide-conjugates to create groundbreaking therapies applicable to a wide range of human disease states and medical needs, from chronic conditions requiring long-term treatment to acute diseases needing immediate intervention.

Decoy's Advanced Peptide Engineering Platform

Our Decoy Platform tames the complexity of the peptide-conjugate modality by using artificial intelligence (AI), coupled with world-leading high-speed synthesis and a strong understanding of target biology, to rapidly interrogate and reengineer natural peptides for binding to disease mediating targets. We can design and manufacture viable new peptide-conjugate drug candidates in as little as a few days to weeks, which enables a rapid design-build-test-learn engine that generates novel and proprietary data, optimizing for drug-like properties. Our multi-parameter approach simultaneously tunes a broad set of characteristics important for development and commercialization of the drug, such as chemical affinity, agonist/antagonist activity, enzymatic resistance for enhanced pharmacokinetics, formulation, and manufacturing.

Affordable Low-cost manufacturing methods that tap into existing infrastructures

Safe No drug-drug interactions or harmful metabolites, predictable properties

Specific Highly selective and tunable affinity with great pharmacodynamic control

Stable Pharmacokinetic control, improved half-life and select tissue bioavailability

Versatile Multi-functional as a treatment vehicle or payload

Modular Programmable, plug and play components

Strong IP Expansive design space for peptides and their conjugation partners

Decoy's Discovery Platform

Covering the Entire Drug Life Cycle

In Silico Design

Molecular dynamic simulations & prescriptive machine learning to create efficient drug-like lead generation and proprietary datasets.

Peptide Engineering & Conjugation Chemistry

Proprietary flexible and stable framework transforms peptide research into effective medicines.

Formulation Development

Engineering peptide conjugate solubility and stability for ease of formulation development and adaptable dosage forms.

Robust Manufacturing

Efficient, scalable, highly compatible synthesis technology provides globally accessible, plug and play tools for rapid responses.

In Silico Design with Decoy's Engine

As “Eroom’s law” states, traditional drug discovery costs have risen exponentially over the years. We’re breaking that mold by utilizing highly targeted discovery campaigns infused with efficient, scalable deployment of in silico tools centered around design-build-test-learn cycles to rapidly engineer peptide drug conjugates.

State-of-the-Art Modular Peptide Engineering & Conjugation Chemistry

Flexibly optimizes for drug-like properties, allowing for rapid and modular therapeutics.

Formulation and Product Development

Traditionally peptides as drugs have suffered from very low bioavailability, limiting their delivery to intravenous (IV) or subcutaneous (SC) routes.  Decoy has the capability to develop stable and pharmaceutically acceptable formulations containing our proprietary peptide conjugates for administration via a range of delivery routes and device formats, including:

  • Nasal (topical/mucosal, nose-to-brain, etc.)
  • Pulmonary (local and systemic delivery, liquid and dry powder-based formulations, etc.)
  • Injectable (IV, SC, patch, depot, etc.)
  • Oral

We are engineering our peptide conjugates to possess the required physicochemical and pharmaceutical properties to enable each of these routes of delivery, including solubility, chemical stability, resistance to proteolytic degradation and compatibility with a range of pharmaceutically acceptable excipients.

Robust Manufacturing for Global Impact

We leverage innovations in peptide chemical synthesis to develop synthetic strategies that can easily tap into existing infrastructure. The efficiency of our Decoy Platform enables us to achieve peptide conjugate manufacturing readiness faster than conventional drug development processes, leading to reduced manufacturing costs and accelerated delivery of broad-spectrum drug candidates.  By employing solid phase peptide synthesis (SPPS) in an “All-in-One” manufacturing approach, Decoy optimizes the assembly of complex peptide-linker-functionalized compounds, enhancing the speed, efficiency, and predictive value of the Decoy Platform. We are also committed to further developing the “All-in-One” manufacturing process to be scalable to quantities useful for clinical trials.

Publications & Presentations

September 17, 2024

Development of a Manufacturing Process for the Rapid Production of Novel Peptide Conjugates, Boulder Peptide Symposium 2024

June 02, 2024

Decoy Therapeutics, Blue Knight Symposium 2024

January 10, 2024

Leveraging AI/ML Tech to Transform Antiviral Drug Discovery and Development, Center for Pathogen Research and Training 2024

October 08, 2023

Controlling the Global Viruses of Today and Tomorrow, Grand Challenges 2023

 
June 25, 2023

Contact Transmission Model of SARS-CoV-2 Delta Infection in Hamsters, American Society for Virology 2023

 
June 06, 2023

A New Class of Pan-Viral Therapeutics: The IMP3ACT Platform, MIT Lincoln Labs – Biotechnology and Resilient Human Systems Workshop 2023

 
June 04, 2023

Revolutionizing the Design, Discovery and Development of a New Class of Antiviral TherapeuticsBlue Knight Symposium 2024

News

Where our technology is making an impact.
Oct 23, 2024

CEO Rick Pierce Receives JLABS Community Member of the Year Award

 
July 19, 2024

Decoy Joins GitHub for Startups Program, Providing a Suite of Software Resources for Their Developers on GitHub

 
June 26, 2024

Decoy Accepted Into NVIDIA Inception Program to Build Their AI Drug Discovery Platform with NVIDIA GPUs

 
June 02, 2024

Johnson & Johnson Innovation and the Biomedical Advanced Research and Development Authority (BARDA) Name Awardees in the BLUE KNIGHT™ Resident QuickFire Challenge: Partnering for Preparedness

 
April 9, 2024

Decoy Selected as a “Top Innovator” of Venture Summit [West] 2024

November 02, 2023

Gates Notes – 5 of the Coolest Innovations I Saw in Senegal

 
August 24, 2023

Johnson & Johnson Innovation and the Biomedical Advanced Research and Development Authority (BARDA) Names Awardees in the BLUE KNIGHT™ QuickFire Challenge: Accelerating Project NextGen

 
August 18, 2023

Decoy Joins JetBrains for Startups Program, Offering Free Software Resources for Their Developers

 
August 17, 2023

Decoy’s CEO Rick Pierce Interviewed by STEX25

 
August 17, 2023

MIT Startup Exchange – Antiviral Drugs Offer Quick Defense Against Pandemics

 
July 28, 2023

Decoy Joins Google for Startups Cloud Program, Gaining $350,000 USD Compute Credits Over 2 Years to Help Build Their AI Drug Discovery Platform

 
April 03, 2023

Awardees of the BLUE KNIGHT™ Resident QuickFire Challenge Strive Toward Inflection Points

 
January 20, 2023

MIT Startup Exchange – Decoy Joins STEX25 to Further Their Broad-acting Antivirals Program