Our story

Operationalising exceptional science into successful business

Our founders Kirsty and Tom McCarthy are driven by a shared passion: Operationalising exceptional science into successful business.

Following the 2015 acquisition of Spinifex Pharmaceuticals by Novartis, they founded MTM, a biotechnology ecosystem company specialising in biotech venture creation and integrated support services.

Today we empower biotech ventures to achieve scientific, clinical, and commercial excellence through our discovery and development ecosystem.

Our mission is to create next-generation medicines

We combine our radically collaborative culture and cutting-edge technology to drive continuous innovation and breakthroughs in biotech.

Our purpose is to shape the future of biotech

MTM is dedicated to fostering a culture where agile and expert project teams anticipate trends, lead positive change, and accelerate life-changing medicines to market, benefiting people, payers and society at large.

Key milestones

MTM's journey since inception

Jan 2015

Molecule to Medicine founded

The start of the journey, founded by Tom and Kirsty McCarthy experimenting with this unique biotech business model, with the first pod established in Oxford, UK

Apr 2021

Full capacity Oxford Pod

Incorporating ThirtyFiveBio and reaching full capacity of our oncology-focused Oxford Pod, scaling with our unique business model

Dec 2022

USD $100M raised across the Oxford Pod

Over the threshold with Grey Wolf Therapeutics successful Series B raise of USD $49M

https://greywolftherapeutics.com/grey-wolf-therapeutics-closes-oversubscribed-49-million-series-b-financing-to-advance-first-of-its-kind-neoantigen-creation-approaches/
Jan 2023

First Patient Dosed - Grey Wolf Therapeutics

A key milestone on our mission to improve lives, delivering our first drugs from Grey Wolf Therapeutics to patients in clinical trials.

https://greywolftherapeutics.com/grey-wolf-therapeutics-announces-dosing-of-first-patient-in-phase-1-2-clinical-study-of-grwd5769-in-patients-with-advanced-solid-tumours/
Oct 2023

MTM Awarded Great Place to Work™

In recognition of exceptional workplace culture, and our amazing people who live it every day

Apr 2024

USD $200M raised across the Oxford Pod

Over the threshold with Pathios Therapeutics successful Series B raise of USD $25M

https://pathiostherapeutics.com/pathios-series-b-bms/
May 2024

London Pod launched

Expanding into new therapeutic areas, MTM launches our second pod based in London in tandem with the launch of Melio Bio.

Transforming lives through collaborative innovation