Concept illustration: a mint path leads toward two adults enjoying an everyday moment together.

More Hope.
Sooner.

Cata-X:
an AI-native biotech
that improves itself.

OUR MODEL

Clinical-of-One.
One lead. A full stack.

One Full-Stack Clinical Lead.
An agent-powered workbench.

A Full-Stack Clinical Lead coordinates specialist agents around a shared program record and collaborates with external experts. Full-Stack Clinical LeadExternal experts MedicalRAPVCODMStatistics
One goal. Shared evidence. Clear ownership.
WHY CLINICAL DEVELOPMENT MUST CHANGE

Drug candidates
are piling up.
Clinical development
must catch up.

Candidates accumulate at a limited clinical development gateway Discovery accelerates from its starting speed to twice that speed. Candidates collide and crowd against limited clinical capacity, while individual particles continue through the opening at an unchanged pace. Candidate backlogClinicalcapacityEvidence

Twice the discoveries.
Approvals broadly flat.

Formation Bio · The past decade, reported October 2026 ↗
12,704

Preclinical drugs worldwide
January 2025 · Citeline via Vizient [1]

1,868

NMEs entering clinical development
During 2025 · DXY / BCG [2]

Sources
  1. Vizient, The next era of healthcare strategy will be won in the details, July 29, 2026, Figure 2. Cites Citeline, Pharma R&D 2025, for the preclinical pipeline count. The underlying Pharmaprojects snapshot is from January 2025; each drug is counted once at its most advanced global development stage.
  2. BCG, Beyond Efficiency: China’s Next Leap in Biopharma Innovation, April 2026, Exhibit 1, p. 3. Global NMEs newly entering clinical development in 2025. Source: DXY; BCG analysis.
  3. Formation Bio, Benjamine Liu, October 28, 2026. Describes the widening gap between candidate discovery and clinical development.
  4. Benjamine Liu, Mission and Purpose at TrialSpark, November 14, 2018. TrialSpark is now Formation Bio. Liu described candidates accumulating at the top of the development funnel and the cost and duration of trials as the bottleneck.
WHAT WE DO

From discovery to a clinical answer.

We in-license preclinical and early clinical assets, design the study that answers the question that matters, and take each program to clinical proof of concept. Then we advance it with partners.

  1. Source

    Find assets worth a clinical test.

  2. Prove

    Turn the key unknown into a study that can answer it.

  3. Partner

    Advance proven programs with pharma and biotech partners.

Bring more potential
into clinical development.

Build with CataX

The Name Is the Idea

Catalyst + X
Catalyst

Accelerate clinical value.

Turn the potential of an early drug asset into evidence that matters.

Connect different strengths.

Human judgment × AI capability.
A different way to develop, together.

CataX — The Film

2 min 17 sec
HUMAN EXPERTISE × AGENT CAPABILITY

One Clinical Lead. A team of agents.

Direct the work. Bring the results together. Refine.

Briefs & feedback →Drafts & findings ←
A Full-Stack Clinical Lead surrounded by six specialist agentsThe Clinical Lead shares goals and context with agents, who work in parallel and return drafts and findings. The Clinical Lead reviews with relevant experts and sends feedback for refinement.
Set the goal. Share the context.The Clinical Lead directs the work.
  1. 01 Direct
  2. 02 Execute
  3. 03 Review & refine