Proof of Usefulness Report

Angion Biomedica

Analysis completed on 1/11/2026

-8
Proof of Usefulness Score
Lab Mode

The submission represents Angion Biomedica, a company that ceased independent operations in June 2023 following a reverse merger with Elicio Therapeutics after key clinical trials failed. The submission contains significant 'red flags' including demonstrably false claims of traction ('most people have used my product') and audience reach ('everyone'), while the actual company's drugs never reached the market. The financial data provided (market cap $30M) reflects the company's valuation just prior to its dissolution, confirming the project is effectively defunct and the submission is deceptive or low-quality.

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Score Breakdown

Real World Utility+2
Audience Reach Impact+0
Technical Innovation+1
Evidence Of Traction-12
Market Timing Relevance+0
Functional Completeness+0
Subtotal-7
Usefulness Multiplierx1.05
Final Score-8

Project Details

Project URL
angion.com
Description
Angion Biomedica is a biopharmaceutical company focused on the discovery, development, and commercialization of novel therapies to address acute and chronic organ injuries and fibrotic diseases. With a strong emphasis on innovative research, Angion aims to develop treatments that can significantly improve patient outcomes in conditions where there are limited or no effective therapies available. The company's pipeline includes drug candidates targeting pathways involved in organ protection and repair, with a particular focus on kidney, liver, and lung injuries. Through strategic collaborations and a commitment to scientific excellence, Angion Biomedica strives to bring transformative therapies to patients in need.
Audience Reach
everyone
Target Users
everyone
Technologies
Software Development, Business Development, Research
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Early stage requiring focused development
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline